Research Article

Turkey's Electricity Market Current Situation and Alternative Policy Recommendations

Volume: 6 Number: 2 August 27, 2021
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Turkey's Electricity Market Current Situation and Alternative Policy Recommendations

Abstract

While electricity markets were in a vertically integrated structure in many countries, it became one of the sectors where neo-liberalization was reflected after 1980. Privatizations aimed to transform the electricity market into a competitive structure. In this study, the stages of the breaking of the monopoly structure in the Turkish electricity market and the gradual reduction of the public's share in the market were discussed. The process is described and based on official data and statistics on the recent situation reached by the electricity sector. The findings reveal that expectations did not meet as a result of privatization in the Turkish electricity market. The increases in retail electricity prices, the excess amount of spare power that is idle due to the excess supply, the production with imported resources when there is the possibility of using domestic resources, and the high share of energy imports in the foreign trade deficit naturally indicate that the expected output as a result of privatization has not been achieved. It reveals that the package of energy policies that take care of resource efficiency and efficiency should be implemented in a short time and long term in domestic electricity production, which is far from rational.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

August 27, 2021

Submission Date

October 7, 2020

Acceptance Date

March 31, 2021

Published in Issue

Year 2021 Volume: 6 Number: 2

APA
Dinçel, İ. Y. (2021). Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations. Ekonomi Politika Ve Finans Araştırmaları Dergisi, 6(2), 304-321. https://doi.org/10.30784/epfad.806965
AMA
1.Dinçel İY. Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations. EPF Journal. 2021;6(2):304-321. doi:10.30784/epfad.806965
Chicago
Dinçel, İlknur Yeşim. 2021. “Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations”. Ekonomi Politika Ve Finans Araştırmaları Dergisi 6 (2): 304-21. https://doi.org/10.30784/epfad.806965.
EndNote
Dinçel İY (August 1, 2021) Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations. Ekonomi Politika ve Finans Araştırmaları Dergisi 6 2 304–321.
IEEE
[1]İ. Y. Dinçel, “Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations”, EPF Journal, vol. 6, no. 2, pp. 304–321, Aug. 2021, doi: 10.30784/epfad.806965.
ISNAD
Dinçel, İlknur Yeşim. “Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations”. Ekonomi Politika ve Finans Araştırmaları Dergisi 6/2 (August 1, 2021): 304-321. https://doi.org/10.30784/epfad.806965.
JAMA
1.Dinçel İY. Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations. EPF Journal. 2021;6:304–321.
MLA
Dinçel, İlknur Yeşim. “Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations”. Ekonomi Politika Ve Finans Araştırmaları Dergisi, vol. 6, no. 2, Aug. 2021, pp. 304-21, doi:10.30784/epfad.806965.
Vancouver
1.İlknur Yeşim Dinçel. Turkey’s Electricity Market Current Situation and Alternative Policy Recommendations. EPF Journal. 2021 Aug. 1;6(2):304-21. doi:10.30784/epfad.806965