Auction system for wind power

Committee:
Energy
Published:
After the award of Round 1 auction in December 2022, the government postponed the ongoing Round 2 process and started revising the auction system for the next rounds considering the energy scrutiny situation, which had dramatically changed due to the Ukraine war.

Recommendations

  • It is particularly important for policy makers to 1) ensure the fairness and transparency of the competitive environment, and 2) promote planned, continuous and large-scale offshore wind power generation.