Comments on: California approves reverse auction renewable energy market Global environmental challenges Wed, 16 Nov 2016 08:14:55 +0000 hourly 1 By: eBridge Mon, 20 Dec 2010 14:18:00 +0000 reverse auctions create an environment where bidders get an opportunity to place multiple lowering bids and the buyers know they will receive true market value. Great job California utilities!