RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS

RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS

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The Turkish Grand National Parliament passed a renewable energy promotion law that provides feed-in tariffs for electricity generation from renewable energy sources in 2005. This law was not attractive to investors due to the low level of feed-in tariffs. Then, in 2011, the promotion law was amended...

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Main Author: Mustafa GOZEN
Format: Article
Language:English
Published: EconJournals 2014-04-01
Series:International Journal of Energy Economics and Policy
Online Access:http://econjournals.com/index.php/ijeep/article/view/777/446
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spelling doaj-1a707b098f714ceda68c3d1f4245cfcc2020-11-25T03:42:19ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532146-45532014-04-0142274287RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERSMustafa GOZENThe Turkish Grand National Parliament passed a renewable energy promotion law that provides feed-in tariffs for electricity generation from renewable energy sources in 2005. This law was not attractive to investors due to the low level of feed-in tariffs. Then, in 2011, the promotion law was amended and a new support scheme integrated in the day-ahead market was introduced. Therefore, the main purpose of this article is to explain the new support mechanism, analyze it from the financial perspective, and discuss the related key issues and challenges. In addition, to further improve the support mechanism, some recommendations have been made to policymakers.http://econjournals.com/index.php/ijeep/article/view/777/446
collection DOAJ
language English
format Article
sources DOAJ
author Mustafa GOZEN
spellingShingle Mustafa GOZEN
RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
International Journal of Energy Economics and Policy
author_facet Mustafa GOZEN
author_sort Mustafa GOZEN
title RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
title_short RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
title_full RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
title_fullStr RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
title_full_unstemmed RENEWABLE ENERGY SUPPORT MECHANISM IN TURKEY: FINANCIAL ANALYSIS AND RECOMMENDATIONS TO POLICYMAKERS
title_sort renewable energy support mechanism in turkey: financial analysis and recommendations to policymakers
publisher EconJournals
series International Journal of Energy Economics and Policy
issn 2146-4553
2146-4553
publishDate 2014-04-01
description The Turkish Grand National Parliament passed a renewable energy promotion law that provides feed-in tariffs for electricity generation from renewable energy sources in 2005. This law was not attractive to investors due to the low level of feed-in tariffs. Then, in 2011, the promotion law was amended and a new support scheme integrated in the day-ahead market was introduced. Therefore, the main purpose of this article is to explain the new support mechanism, analyze it from the financial perspective, and discuss the related key issues and challenges. In addition, to further improve the support mechanism, some recommendations have been made to policymakers.
url http://econjournals.com/index.php/ijeep/article/view/777/446
work_keys_str_mv AT mustafagozen renewableenergysupportmechanisminturkeyfinancialanalysisandrecommendationstopolicymakers
_version_ 1724525818839826432

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