MEDREG Experts Exchange for the Lebanese Centre for Energy Conservation (LCEC) – Transparency and accountability in renewable energy auctions
March 5, 2021
Energy regulators play a pivotal role in RES deployment and an increasing number of Mediterranean countries have adopted renewable energy auctions.
In 2019, MEDREG carried out a report on “Transparency and accountability in renewable energy auctions” with the objective of identifying auctions’ predominant features while assessing their strengths, weaknesses, opportunities and threats, and formulating recommendations on how to improve all of them. The Lebanese Centre for Energy Conservation (LCEC) is planning to further improve its capacity for developing renewable energy auctions and has requested the assistance of MEDREG.
This handbook is based on a webinar organised by MEDREG to this extent, which presented the best practices related to transparency and accountability rules and auction procedures, showing methods from different countries with good results in achieving price reduction.
The document examined the Lebanese auction process in each of its stages focusing on how it could be innovated to apply it to the Lebanese context.
MEDREG Experts Exchange for the Lebanese Centre for Energy Conservation (LCEC)