How to make renewables auctions resilient to supply chain shocks

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The International Renewable Energy Agency (IRENA) advises that renewable energy auctions be designed to mitigate supply chain shocks with consideration of trade-offs. Local content requirements and procurement preferences should be applied selectively to enhance resilience in renewable energy projects.

International Renewable Energy Agency (IRENA) says renewable energy auctions can be designed to mitigate supply chain shocks but warns there are trade-offs to consider, with countries advised that local content requirements and procurement preferences should be used selectively. The post How to make renewables auctions resilient to supply chain shocks appeared first on pv magazine Global.