Research Article

An Analysis on YEKDEM Program Implemented in Turkey

Volume: 20 Number: 1 March 27, 2025
TR EN

An Analysis on YEKDEM Program Implemented in Turkey

Abstract

This study examines the Renewable Energy Resources Support Mechanism (YEKDEM) implemented in Turkey for solar energy. Within this context, the appropriateness of the incentive amounts provided through the YEKDEM application was analyzed. For this purpose, the current formulation calculated the effects of changing the coefficients of the Exchange Rate, PPI, and CPI values in the mathematical equation, as well as the total incentive amounts for certain years. In the study, it was assumed that the weather was entirely sunny when calculating solar radiation. The effects of the incentive amounts, profit-loss scenarios, and the payback period for plant investors were presented. The formula that offers the highest incentive amount for investors is the one with coefficients of 30%-30%-20%-20%. Annual earnings vary between US$ 15,928 and US$ 146,176. Payback periods range from 5.9 to 54 years, depending on the use of credit and equity.

Keywords

References

  1. Coskun C, Oktay Z, Dincer I. Estimation of monthly solar radiation distribution for solar energy system analysis. Energy 2011; 36: 1319–1323.
  2. Wang RZ, Zhai XQ. Development of solar thermal technologies in China. Energy 2010; 35: 4407–4416.
  3. Badescu V. Optimum size and structure for solar energy collection systems. Energy 2006; 31: 1819–1835.
  4. Gürtürk M. Economic feasibility of solar power plants based on PV module with levelized cost analysis. Energy 2019; 171: 866–878.
  5. Gürtürk M, Ucar F, Erdem M. A novel approach to investigate the effects of global warming and exchange rate on the solar power plants. Energy 2022; 239 (Part D): 122344.
  6. Gürtürk M, Erdem M, Uçar F. Solar energy technical feasibility comparison: an alternative proposal for the Industry. Energy Effic 2024; 17(5): 1-18.
  7. Atkins MJ, Walmsley MRW, Morrison AS. Integration of solar thermal for improved energy efficiency in low-temperature-pinch industrial processes. Energy 2010; 35: 1867–1873.
  8. Erdil E, Ilkan M, Egelioglu F. An experimental study on energy generation with a photovoltaic (PV)-solar thermal hybrid system. Energy 2008; 33: 1241–1245.

Details

Primary Language

English

Subjects

Solar Energy Systems

Journal Section

Research Article

Publication Date

March 27, 2025

Submission Date

November 21, 2024

Acceptance Date

February 1, 2025

Published in Issue

Year 2025 Volume: 20 Number: 1

APA
Erdem, M. (2025). An Analysis on YEKDEM Program Implemented in Turkey. Turkish Journal of Science and Technology, 20(1), 249-257. https://doi.org/10.55525/tjst.1589331
AMA
1.Erdem M. An Analysis on YEKDEM Program Implemented in Turkey. TJST. 2025;20(1):249-257. doi:10.55525/tjst.1589331
Chicago
Erdem, Murat. 2025. “An Analysis on YEKDEM Program Implemented in Turkey”. Turkish Journal of Science and Technology 20 (1): 249-57. https://doi.org/10.55525/tjst.1589331.
EndNote
Erdem M (March 1, 2025) An Analysis on YEKDEM Program Implemented in Turkey. Turkish Journal of Science and Technology 20 1 249–257.
IEEE
[1]M. Erdem, “An Analysis on YEKDEM Program Implemented in Turkey”, TJST, vol. 20, no. 1, pp. 249–257, Mar. 2025, doi: 10.55525/tjst.1589331.
ISNAD
Erdem, Murat. “An Analysis on YEKDEM Program Implemented in Turkey”. Turkish Journal of Science and Technology 20/1 (March 1, 2025): 249-257. https://doi.org/10.55525/tjst.1589331.
JAMA
1.Erdem M. An Analysis on YEKDEM Program Implemented in Turkey. TJST. 2025;20:249–257.
MLA
Erdem, Murat. “An Analysis on YEKDEM Program Implemented in Turkey”. Turkish Journal of Science and Technology, vol. 20, no. 1, Mar. 2025, pp. 249-57, doi:10.55525/tjst.1589331.
Vancouver
1.Murat Erdem. An Analysis on YEKDEM Program Implemented in Turkey. TJST. 2025 Mar. 1;20(1):249-57. doi:10.55525/tjst.1589331