I am going to participate in a decision committee of a governmental auction in energy market. I want to learn more about how to decide which bid is the best in short/mid/long term.
Can you suggest me a solid source to read/learn about it?
Edit: Private sector is going to bid to rent a geothermal field to construct a power plant and produce electricity.
Edit2: Maybe my question was not clear. If one party is offering high amount of cash + low annual payments and the other body is offerıng low amount of cahs + high annual payments, which one I should accept? How can I do the risk analysis? So on ...