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Design

Auction Design for Renewable Energy Subsidies

FreeVerified credential4 weeksExpert

Overview

What this challenge is about.

Design an auction for offshore wind subsidies using bid data and cost estimates. Deliver a report and simulation to earn your verifiable certificate.

The scenario

The German Federal Network Agency (BNetzA) runs auctions for offshore wind subsidies. Recent uniform-price auctions saw only 3-4 bidders per round, with winning bids close to the reserve price. There are 5 major energy companies with asymmetric cost structures.

CredentialBlockchain-anchored
ShareableLinkedIn-ready
LanguageEnglish
PaceSelf-paced

The Brief

What you'll do, and what you'll demonstrate.

Design an auction format that minimizes subsidy costs while ensuring sufficient competition and mitigating collusion risk.

Earning criteria — what you'll demonstrate

  • Apply auction theory (revenue equivalence, optimal auctions) to real-world design
  • Analyze collusion and bidder asymmetry in auctions
  • Design mechanisms that balance efficiency and revenue
  • Use simulation to evaluate auction outcomes under different assumptions

Program Fit

Where this fits in your program.

Sharpens the same skills your degree expects you to demonstrate.

Industrial Economics and Game Theory

Master · Economics

Strong alignment

This challenge maps to Industrial Economics and Game Theory at the Master level. It sharpens the same practical skills your coursework expects — but in a real industry context with actual constraints and deliverables.

One more thing

You can put a credential on your CV by Friday.

Auction Design for Renewable Energy Subsidies | Ewance Challenge