Research Article

Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology

Volume: 2 Number: 1 April 25, 2020
TR EN

Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology

Abstract

The aim of this study is to determine the factors affecting the renewable energy consumption in Turkey. In this context, firstly, similar studies in the literature have been examined. As a result of the investigation, 11 different variables have been identified that may affect the use of renewable energy. Annual data of the mentioned variables in the period of 1990-2018 are taken into consideration. On the other hand, MARS method is used in the analysis process of the study. As a result, it has been determined that renewable energy use increases when the population in the country goes up. As can be seen from here, with the increasing population, the demand for energy has also increased. As a result, renewable energy has started to be used more. In addition, it is also determined that the increase in natural gas prices leads to higher consumption of renewable energy. In the event that natural gas becomes more expensive, it is understood that people are turning to other alternatives. The loan amount in the country is another factor that has an impact on renewable energy consumption. In case the loan amount exceeds a certain rate, it is seen that these loans are concentrated on non-renewable energy sources. In addition, it has been determined that there is a negative relationship between carbon emissions in the country and renewable energy use. It can be understood that renewable energy usage can be increased mainly because of the obligatory reasons, such as higher demand for energy and natural gas prices increase. This indicates that no sufficient consciousness is formed in Turkey for renewable energy. Therefore, it is important to provide the necessary incentives such as tax advantage by the state to make renewable energy use more attractive.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

April 25, 2020

Submission Date

February 25, 2020

Acceptance Date

March 10, 2020

Published in Issue

Year 2020 Volume: 2 Number: 1

APA
Yuksel, S., & Ubay, G. G. (2020). Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi, 2(1), 1-14. https://doi.org/10.38009/ekimad.694300
AMA
1.Yuksel S, Ubay GG. Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology. EKİMAD. 2020;2(1):1-14. doi:10.38009/ekimad.694300
Chicago
Yuksel, Serhat, and Gözde Gülseven Ubay. 2020. “Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology”. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi 2 (1): 1-14. https://doi.org/10.38009/ekimad.694300.
EndNote
Yuksel S, Ubay GG (April 1, 2020) Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology. Ekonomi İşletme ve Maliye Araştırmaları Dergisi 2 1 1–14.
IEEE
[1]S. Yuksel and G. G. Ubay, “Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology”, EKİMAD, vol. 2, no. 1, pp. 1–14, Apr. 2020, doi: 10.38009/ekimad.694300.
ISNAD
Yuksel, Serhat - Ubay, Gözde Gülseven. “Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology”. Ekonomi İşletme ve Maliye Araştırmaları Dergisi 2/1 (April 1, 2020): 1-14. https://doi.org/10.38009/ekimad.694300.
JAMA
1.Yuksel S, Ubay GG. Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology. EKİMAD. 2020;2:1–14.
MLA
Yuksel, Serhat, and Gözde Gülseven Ubay. “Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology”. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi, vol. 2, no. 1, Apr. 2020, pp. 1-14, doi:10.38009/ekimad.694300.
Vancouver
1.Serhat Yuksel, Gözde Gülseven Ubay. Identifying The Influencing Factors of Renewable Energy Consumption in Turkey With MARS Methodology. EKİMAD. 2020 Apr. 1;2(1):1-14. doi:10.38009/ekimad.694300

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