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Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey

Year 2015, Volume: 5 Issue: 2, 468 - 474, 01.06.2015

Abstract

Considerable changes have taken place in power production investments in Turkey within the last decade. As a result, an increasing number of investments in this sector have been terminated or cancelled and still continue to do so. When these investments are analyzed, significant issues attributed to misconceptions on cash flow estimations, local community objections, changes in the Environmental Impact Assessment Regulation interpretations, diminished trust in the conducted project evaluations and the associated reduction of capital and funds have been observed. Thus, the main contributors and their underlying reasons for these issues are examined in this study. In order to determine the associated key aspects and parameters, a survey has been developed and distributed to companies working on the renewable energy sector with questions regarding the number and the size of the licenses they have, the percentage of them turning into investments, the major methods of financial evaluation they use in the decision making process, their ability to calculate the cash flows during project evaluation process and the modelling of associated risk factors in the renewable energy sector.

Year 2015, Volume: 5 Issue: 2, 468 - 474, 01.06.2015

Abstract

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Details

Other ID JA55FZ65JG
Journal Section Research Article
Authors

Mehmet Toptas This is me

Publication Date June 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 2

Cite

APA Toptas, M. (2015). Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey. International Journal of Energy Economics and Policy, 5(2), 468-474.
AMA Toptas M. Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey. IJEEP. June 2015;5(2):468-474.
Chicago Toptas, Mehmet. “Determining the Underlying Reasons of License Termination and Cancellation Associated With Local Power Production in Turkey”. International Journal of Energy Economics and Policy 5, no. 2 (June 2015): 468-74.
EndNote Toptas M (June 1, 2015) Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey. International Journal of Energy Economics and Policy 5 2 468–474.
IEEE M. Toptas, “Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey”, IJEEP, vol. 5, no. 2, pp. 468–474, 2015.
ISNAD Toptas, Mehmet. “Determining the Underlying Reasons of License Termination and Cancellation Associated With Local Power Production in Turkey”. International Journal of Energy Economics and Policy 5/2 (June 2015), 468-474.
JAMA Toptas M. Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey. IJEEP. 2015;5:468–474.
MLA Toptas, Mehmet. “Determining the Underlying Reasons of License Termination and Cancellation Associated With Local Power Production in Turkey”. International Journal of Energy Economics and Policy, vol. 5, no. 2, 2015, pp. 468-74.
Vancouver Toptas M. Determining the Underlying Reasons of License Termination and Cancellation Associated with Local Power Production in Turkey. IJEEP. 2015;5(2):468-74.