It is often argued that a key feature of auctions is the competitive pressure created on the overall value chain, and indeed all actors of the renewable energy (RE) sector. Moreover, it is often argued that auctions can induce a reduction in the level of actor diversity (AD) in some segments of the value chain, and especially in the project development sector. In the process of designing an auctionAn auction is a market mechanism with the aims of allocating..., policy makers must make specific decisions and trade-offs related to the auctionAn auction is a market mechanism with the aims of allocating... design elements (DEs). Depending on those trade-offs, auctions may favour certain types of actors over others, and this may lead to increased levels of market concentration (MC).1 This present study empirically analyses the following two topics:
- The impacts of different auctionAn auction is a market mechanism with the aims of allocating... DEs on MC in the project development and component manufacturing segments of the RE value chain.
- The relative impact of auctions (as compared to other (contextual) factors influencing the value chain) on MC in the project development and component manufacturing segments of the value chain.
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