Review of Renewables Auction
Assessing Auction Outcomes and Processes
ITP Renewables was engaged by the ACT Government Environment, Planning and Sustainable Development Directorate to provide a review of Renewables Auction 5, part of a series of reverse auctions the Government uses to secure its large-scale renewable energy contracts.
The successful proponents must meet project milestones, deliver minimum generation amounts, engage with the community, and invest in the ACT renewable energy industry. This review included an assessment of auction design and administrative processes, an evaluation against the objectives of the Electricity Feed-in (Large-scale Renewable Energy Generation) Act (2011), an assessment of risk assignment, and recommendations for any future renewables auctions.
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