The public competitive bidding processes for fixed quantities of renewable energy are the most common method among this region.
At present, discussions about the instrumental implementation of this dimension of market integration focus primarily on competitive bidding processes, given that the new EU guidelines on state aid express a clear preference for this instrument type [4].
Additionally, our features help brokers interact with the industry and its stakeholders; solicit, make, accept, counter and negotiate offers; run competitive bidding processes; run escrow and closing processes; research markets and sold properties etc.," said DeGiorgio.
Regarding the transition to competitive bidding processes as promoted in the EU energy aid guidelines, it is necessary to critically discuss the question of how a stronger integration of different RES in existing electricity markets can actually contribute to improving security of supply, reducing the costs of RES expansion and transforming the electricity system.
This happens, for example, with the Centers for Medicare and Medicaid Services in USA when implementing competitive bidding processes for durable medical equipment and similar items (Newman et al. 2017).2 Frequently, however, it is the suppliers who react to particular buyers, dealing with them in a more personalized and bilateral fashion than with small and independent buyers.
This means that there should exist empowered, independent regulatory agencies to ensure competitive bidding processes, deter intra-industry collusion and punish related violations.
