Giles & Pierre - Episode 18 - The good, the bad, and the ugly of auction design

17 July 2023

Auctions Contracts for Difference Electricity markets Finance France Grids Hybrid Industrial policy Market design National Governments Negative bidding Net-Zero Industry Act North sea Offshore wind Policy Regulation Revenue Supply chain System integration

Germany used uncapped negative bidding in its recent offshore auction – the costs will now have to be shouldered by consumers and the supply chain. It’s clear that we have to get the right design for our auctions – but what can we expect from recent discussions on the NZIA? And how are talks on market design progressing?

All this and more in this latest 4-minute installment of Giles & Pierre.

Video recorded on 13 July 2023.