Auction Study Innovation Tender

The innovation tender offers attractive compensation opportunities, especially for the combination of photovoltaic plants and wind onshore plants with a battery storage. It is offered for a fixed market premium over 20 years, which is not paid out in times of negative day-ahead electricity prices. The premiums are awarded according to the pay-as-bid procedure.

This means that bidders have an advantage if they anticipate the bidding structure precisely so that their bid is as close as possible to the highest acceptance value.

Based on extensive knowledge of the PV and wind project pipeline, the enervis PV Auction Model is used to calculate stochastic forecasts for the auction results.

METHODOLOGY

The methodical procedure of the innovation auction modelling is divided into four steps:

Step 1: Project Overview

  • Market Intelligence on the project pipeline
  • Assessment of participation probabilities
  • Output: Best available information on bidding potential

Step 2: Bid Value Estimation

  • Calculation of minimum bid values with reference costs, electricity price forecasts and opportunity costs
  • Estimation of strategic bidding premiums
  • Output: Merit order of the project pipeline according to minimum bid values and expected value for strategic

Bidding increments Step 3: Auction Simulation

  • Merging of quantities and bid prices
  • Monte Carlo simulation with variation of the participating projects and strategic bidding premiums around the expected value
  • Output: Hundreds of simulated bidding curves

Step 4: Chances of Winning the Award

  • Statistical evaluation of the mean bidding curve
  • Evaluation of the probability of a knockdown depending on the bid value
  • Outcome: Optimal bidding strategy for individual investments and combinations of investments

We would be pleased to make you an individual offer on this topic. Please click on the button “Your inquiry” and enter your contact details. After receipt of your inquiry you will receive a confirmation of receipt by e-mail, which you can use to check the correctness of your information. As a rule, we will send you a binding offer within one working day.

We need the data you provide to process your request. Of course, we handle your data confidentially. More on how to handle personal information and information about your rights can be found in our Data Protection.

How may we help you?

If you like to learn more about this event, you are welcome to give us a call or send an e-mail. We look forward to hearing from you.

Your Contact

Thomas Rosenzopf
Fon +49 (0)30 695175-0
E-Mail: thomas.rosenzopf@enervis.de

Array ( [0] => 18272 [1] => 18270 [2] => 18257 [3] => 16110 [4] => 15847 [5] => 15461 [6] => 17461 [7] => 14802 [8] => 14779 [9] => 14691 )

More Topics

Transformation Strategy Heating Network

In the coming years, operators of heating grids will face the challenge of converting heat generation to climate-neutral sources and at the same time meeting the long-term decline in heat …

Regional Heating Market Strategy

The heating market is of outstanding economic importance for many municipal energy suppliers. Due to increased climate protection efforts, it is facing a profound change. Against this …

Hydrogen market

The role of hydrogen in the current and future energy system is one of the most discussed topics in the industry. On the one hand, green hydrogen must meet the existing demand for hydrogen, …