EN
The Implications of Biofuel Policy in Turkey
Abstract
Turkish Energy Regulatory Agency (EMRA) announced in September 2011 that biofuel blending will be mandatory starting from 2013 and 2014 for bioethanol (2%) and biodiesel (1%) respectively. The blending ratio will be increased to 3 percent for bioethanol in 2014 and biodiesel in 2016. This study aims to evaluate the net trade impacts of the blending regulation. In Turkey, sugar beet based ethanol production seems feasible and sustainable. Mandatory blending ratio will increase the capacity utilization of existing plants. Bioethanol blending (2%) will reduce oil imports by 255.2 million US Dollar in 2013. Contribution impact of bioethanol production will be much greater by 2016. But, since Turkey is already a net importer of oilseeds biodiesel, blending implementation will deteriorate the foreign trade balance and 2 percent blending will bring around 488.5 million US Dollar extra import increase in 2015. Therefore, net trade impact of mandatory blending is expected to be negative.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2013
Submission Date
December 1, 2013
Acceptance Date
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Published in Issue
Year 2013 Volume: 3 Number: 4
APA
Boluk, G., & Koc, A. A. (2013). The Implications of Biofuel Policy in Turkey. International Journal of Energy Economics and Policy, 3(4), 14-22. https://izlik.org/JA53GL68AB
AMA
1.Boluk G, Koc AA. The Implications of Biofuel Policy in Turkey. IJEEP. 2013;3(4):14-22. https://izlik.org/JA53GL68AB
Chicago
Boluk, Gulden, and A. Ali Koc. 2013. “The Implications of Biofuel Policy in Turkey”. International Journal of Energy Economics and Policy 3 (4): 14-22. https://izlik.org/JA53GL68AB.
EndNote
Boluk G, Koc AA (December 1, 2013) The Implications of Biofuel Policy in Turkey. International Journal of Energy Economics and Policy 3 4 14–22.
IEEE
[1]G. Boluk and A. A. Koc, “The Implications of Biofuel Policy in Turkey”, IJEEP, vol. 3, no. 4, pp. 14–22, Dec. 2013, [Online]. Available: https://izlik.org/JA53GL68AB
ISNAD
Boluk, Gulden - Koc, A. Ali. “The Implications of Biofuel Policy in Turkey”. International Journal of Energy Economics and Policy 3/4 (December 1, 2013): 14-22. https://izlik.org/JA53GL68AB.
JAMA
1.Boluk G, Koc AA. The Implications of Biofuel Policy in Turkey. IJEEP. 2013;3:14–22.
MLA
Boluk, Gulden, and A. Ali Koc. “The Implications of Biofuel Policy in Turkey”. International Journal of Energy Economics and Policy, vol. 3, no. 4, Dec. 2013, pp. 14-22, https://izlik.org/JA53GL68AB.
Vancouver
1.Gulden Boluk, A. Ali Koc. The Implications of Biofuel Policy in Turkey. IJEEP [Internet]. 2013 Dec. 1;3(4):14-22. Available from: https://izlik.org/JA53GL68AB