Obviously Strategy-Proof Auctions for Energy Efficiency

In many countries, in order to address the goal of maximizing the energy efficiency and the adoption of renewable energy sources, there have been recently used market-based instruments, and in particular, energy efficiency auctions and renewable energy auctions. Nevertheless, it has been observed that the recent application of this instruments still has some drawbacks. In this work, we propose energy efficiency auctions and renewable energy auctions that allows to address some of these drawbacks. The design of these auctions is based on the concept of obviously strategy-proof auctions and their characterization in terms of greedy algorithms.