Deságios nos leilões de energia elétrica: uma avaliação das fontes de energias renováveis

Abstract

This work aims to verify how the discounts offered by the winning projects of the wind and photovoltaic energy auctions, held between 2011 and 2015, contributed to the occurrence of the winner's curse. As for the methodological aspects, this research is classified as descriptive and quantitative in nature. For data collection, documentary research was used, making use of secondary data made available on the ANEEL website and other information at ONS. In the data treatment, the delay time and the discount value in the biddings were calculated. As a way to avoid the problem of data dimensioning, the variables analyzed in the study (price, megawatts, investment, delay and discount) were standardized and later the correlation matrix was calculated to verify the relationship among them and by means of cluster analysis the occurrence of the winner's curse was verified. The results found indicate that there is little or almost no association between the discounts and the delays, that is, it was not possible to identify the occurrence of the winner's curse in the analyzed wind and photovoltaic auctions.