KETEP 세계에너지시장정보

GLOSSARY ..............................................................................................................................6

ABBREVIATIONS  ....................................................................................................................7

EXECUTIVE SUMMARY ............................................................................................................8

1. INTRODUCTION ................................................................................................................12

2. RISKS RELEVANT TO RENEWABLE ENERGY AUCTIONS ........................................................14
 2.1 Overview of investor risks  ........................................................................................................15
 2.2 The impact of typical risk allocation on broader outcomes  ..............................................32

3. AUCTION DESIGN FOR STRATEGIC RISK ALLOCATION .....................................................35
 3.1 Auction demand and demand-side responsibilities ...........................................................36
 3.2 Location, technology and project specifications ................................................................42
 3.3 Qualification requirements and compliance rules  .............................................................48
 3.4 Winner selection .....................................................................................................................54
 3.5 Risk allocation and remuneration of sellers ..........................................................................57
 3.6 Provisions for end of contract ................................................................................................68

4. CONCLUSION AND RECOMMENDATIONS ........................................................................71

REFERENCES ..........................................................................................................................73