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Wind boom, wind bust (Two Windicators)

Planet Money

CHAPTER

Understanding Government Auction Mechanics

This chapter explores the structure of simultaneous ascending multiple round auctions used by the government, emphasizing how they can maximize revenue while allowing companies to adapt their bidding strategies. It also discusses the challenges posed by rising costs and state policies that impact the interest in offshore wind projects, highlighting the interplay between federal subsidies and local regulations in the green energy sector.

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