Fridahl et al. (2024): Potential and goal conflicts in reverse auction design for bioenergy with carbon capture and storage (BECCS)
Mathias Fridahl, Kenneth Möllersten, Liv Lundberg, Wilfried Rickels IN: Environmental Sciences Europe, 26, https://doi.org/10.1186/s12302-024-00971-0
Sweden seeks to lead the way in bringing Bioenergy with carbon capture and storage (BECCS) up to scale, introducing a EUR 3.6 billion reverse auction scheme to facilitate market entry of companies producing BECCS. The authors explore instrument design preferences among politicians, regulators, and prospective BECCS operators to identify trade-offs and explore feasible policy design. Based on 35 interviews with experts in the latent BECCS sector in Sweden, the authors identify under which circumstances prospective operators would be willing to place bids and discuss how actor preferences both align with and challenge auction theory.