Due to the progressive decline in the cost of renewable energy technologies and the integration of variable renewable energy into to the grids, Algeria is implementing its new strategy for renewable energy development. This consists in introducing tenders as a method to determine their renewable energy selling price.
In this framework, the Algerian Commission for Electricity and Gas Regulation (CREG), will contribute to the process of validating renewable energy selling prices resulting from investors’ response to tenders and from auctions.
In order to support CREG in this process, MEDREG, the EU co-funded Association of Mediterranean Energy Regulators, organised a technical workshop involving experts from organisations at the forefront of the analysis of renewable energy auctions and who developed an expertise on diverse auctioning experiences throughout the world.
The workshop is looking at how to include stakeholders’ view in the design of auctions, define appropriate requirements to participate in the auction and select a winner that effectively implements the project.