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Procurement Options for New Renewable Electricity Supply

Sources:

National Renewable Energy Laboratory

Authors:

C. Kreycik

K. Cory

T. Couture

Date:

1 December 2011

This report evaluates four procurement strategies—competitive solicitations, bilateral contracting, feed-in tariffs, and auctions—against four main criteria: pricing, complexity and efficiency of the procurement process, impacts on developers’ access to markets, and ability to complement utility decision-making processes. These criteria take into account the perspective of each group of stakeholders: ratepayers, regulators, utilities, investors and developers.