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The Potentiality and Feasibility of ...

Alam, Shahi Tanvir,

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The Potentiality and Feasibility of Auction Design in the Renewable Energy Market of a Developing Country -The Case of Bangladesh /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The Potentiality and Feasibility of Auction Design in the Renewable Energy Market of a Developing Country -The Case of Bangladesh // Shahi Tanvir Alam.
Author:	Alam, Shahi Tanvir,
Description:	1 electronic resource (160 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 86-10, Section: B.
Contained By:	Dissertations Abstracts International86-10B.
Subject:	Alternative energy sources. -
Online resource:	https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=31910178
ISBN:	9798311926164

The Potentiality and Feasibility of Auction Design in the Renewable Energy Market of a Developing Country -The Case of Bangladesh /
Alam, Shahi Tanvir,

The Potentiality and Feasibility of Auction Design in the Renewable Energy Market of a Developing Country -The Case of Bangladesh /Shahi Tanvir Alam. - 1 electronic resource (160 pages)

Source: Dissertations Abstracts International, Volume: 86-10, Section: B.

Witnessing the harmful consequences of climate change, quite many polls will reflect the transformation of power generation towards renewable energy from using fossil fuels. Prioritizing this dynamism, adaptability of the support mechanisms is required to maintain a steady and lucrative congenial atmosphere for investments in the renewable energy (RE) sector while confirming the durable trustworthiness in the energy system in an economical manner. In this point of view, auctions are gaining remarkable momentum even being the dominant strategy solely or in collaboration with supplementary trials to offer inducements for the positioning of RE.The wide expansion of the auction is striking; merely six states accepted Renewable Energy Sources (RES) auction in 2005 and at least 84 states had adapted this tool by 2017. The present study aims to reveal the potentiality of the auction mechanism in an RES-promised developing country like Bangladesh, as the country is lagging behind to add required RE capacity in its energy mix due to the gap of suitable support scheme to align with carbon neutrality goals. The research outlines the feasibility of a suggested auctioning scheme, together with potential benefits of the country, highlighting some country-specific empirical evidence. For this, both qualitative and quantitative research has been conducted to develop an auctioning model for the country. The results indicate that for an emergent state gifted with RES, systematic auctioning scheme with socio-economic development instruments under qualification requirement ensures diverse paybacks.

English

ISBN: 9798311926164Subjects--Topical Terms:

3561089
Alternative energy sources.

The Potentiality and Feasibility of Auction Design in the Renewable Energy Market of a Developing Country -The Case of Bangladesh /
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520 $a Witnessing the harmful consequences of climate change, quite many polls will reflect the transformation of power generation towards renewable energy from using fossil fuels. Prioritizing this dynamism, adaptability of the support mechanisms is required to maintain a steady and lucrative congenial atmosphere for investments in the renewable energy (RE) sector while confirming the durable trustworthiness in the energy system in an economical manner. In this point of view, auctions are gaining remarkable momentum even being the dominant strategy solely or in collaboration with supplementary trials to offer inducements for the positioning of RE.The wide expansion of the auction is striking; merely six states accepted Renewable Energy Sources (RES) auction in 2005 and at least 84 states had adapted this tool by 2017. The present study aims to reveal the potentiality of the auction mechanism in an RES-promised developing country like Bangladesh, as the country is lagging behind to add required RE capacity in its energy mix due to the gap of suitable support scheme to align with carbon neutrality goals. The research outlines the feasibility of a suggested auctioning scheme, together with potential benefits of the country, highlighting some country-specific empirical evidence. For this, both qualitative and quantitative research has been conducted to develop an auctioning model for the country. The results indicate that for an emergent state gifted with RES, systematic auctioning scheme with socio-economic development instruments under qualification requirement ensures diverse paybacks.
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