A Study on Solar Energy Auction Policy in Taiwan

• Main Authors: Yu-Shan Lin, 林佑珊
• Other Authors: 周治邦
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/9rw65s

碩士 === 國立臺灣大學 === 國家發展研究所 === 107 === The renewable energy bidding system is a kind of auction behavior, and the bid is held by the demand side (government), while the bidders who actually participate in the competition are the providers (solar photovoltaic setter).This article applies the auction theory to the result of solar photovoltaic auction in Taiwan to understand the relationship between the degree of competition and its impact on reducing the expenditure of renewable energy development fund in Taiwan. The number of bidding items, bidding capacity, target capacity, number of winning bids, and winning bidding capacity are taken as the representative of the degree of competition in this research. The effectiveness of reducing the expenditure of renewable energy development fund is represented by the average discount rate. This study collects some basic properties of solar photovoltaic bidding system in the auction mode through compiling relevant government regulations, sub-laws and announcements, and uses the empirical data of the renewable energy bidding system dated from year 100 to 105. Descriptive statistics methods are used to summarize the trend of bidding market between different grades and different years of solar photovoltaic auction, with stated assumptions on the impact of bidding number, bidding capacity, target capacity, number of winning bids, and bidding capacity on the average discount rate. Then, the panel data regression model is used for verification. The research results show that the more the number of participating bids and the larger the amount of participating capacity in solar photovoltaic bidding market, the greater the average discount rate. This is consistent with the empirical research result of the auction theory.