IDEAS home Printed from https://ideas.repec.org/a/ibn/ibrjnl/v10y2017i6p112-122.html
   My bibliography  Save this article

Comparing Renewable Energy Policies in the European Union and Turkey

Author

Listed:
  • C. Zeynep Zafir
  • Mohammad Keivanfar

Abstract

The European Commission’s policy on “climate change and energy” under the Renewable Energy Directive is an important part of the European Commission policies. As a target, the Commission wants its member countries to increase total energy consumption from renewable energy sources to 20% in the European Union (EU) by 2020. This means, any country which is interested in joining the EU should adhere to its policies and conditions regarding energy consumption. In this paper, firstly, we study the trend of renewable energy consumption in the EU. Data illustrate that the EU region, as a whole, is near its goal, although some members still have to work more or undertake reforms to reach the 20% renewable energy target. Secondly, the renewable energy condition in Turkey, a country that has been preparing in the past decade to join the EU, is surveyed. Based on the results, Turkey needs to pay attention to new renewable resources in order to reach the EU’s target.

Suggested Citation

  • C. Zeynep Zafir & Mohammad Keivanfar, 2017. "Comparing Renewable Energy Policies in the European Union and Turkey," International Business Research, Canadian Center of Science and Education, vol. 10(6), pages 112-122, June.
    • Handle: RePEc:ibn:ibrjnl:v:10:y:2017:i:6:p:112-122
    as

    Download full text from publisher

    File URL: http://www.ccsenet.org/journal/index.php/ibr/article/view/67488/36998
    Download Restriction: no
    File URL: http://www.ccsenet.org/journal/index.php/ibr/article/view/67488
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Donald W. Jones, Paul N. Leiby and Inja K. Paik, 2004. "Oil Price Shocks and the Macroeconomy: What Has Been Learned Since 1996," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-32.
    2. Goldemberg, Jose & Teixeira Coelho, Suani, 2004. "Renewable energy--traditional biomass vs. modern biomass," Energy Policy, Elsevier, vol. 32(6), pages 711-714, April.
    3. Correlje, Aad & van der Linde, Coby, 2006. "Energy supply security and geopolitics: A European perspective," Energy Policy, Elsevier, vol. 34(5), pages 532-543, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tomasz Rokicki & Aleksandra Perkowska, 2021. "Diversity and Changes in the Energy Balance in EU Countries," Energies, MDPI, vol. 14(4), pages 1-19, February.
    2. Anna Bluszcz, 2017. "European economies in terms of energy dependence," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(4), pages 1531-1548, July.
    3. Lee, Chi-Chuan & Lee, Chien-Chiang & Ning, Shao-Lin, 2017. "Dynamic relationship of oil price shocks and country risks," Energy Economics, Elsevier, vol. 66(C), pages 571-581.
    4. Yingce Yang & Junjie Guo & Ruihong He, 2023. "The Asymmetric Impact of the Oil Price and Disaggregate Shocks on Economic Policy Uncertainty: Evidence From China," SAGE Open, , vol. 13(2), pages 21582440231, June.
    5. Löschel Andreas & Oberndorfer Ulrich, 2009. "Oil and Unemployment in Germany," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 229(2-3), pages 146-162, April.
    6. Mohammad I. Elian & Khalid M. Kisswani, 2018. "Oil price changes and stock market returns: cointegration evidence from emerging market," Economic Change and Restructuring, Springer, vol. 51(4), pages 317-337, November.
    7. Xiding Chen & Qinghua Huang & Weilun Huang & Xue Li, 2018. "The Impact of Sustainable Development Technology on a Small Economy—The Case of Energy-Saving Technology," IJERPH, MDPI, vol. 15(2), pages 1-11, February.
    8. Pham T. T. Trinh & Bui T. T. My, 2023. "The impact of world oil price shocks on macroeconomic variables in Vietnam: the transmission through domestic oil price," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 37(1), pages 67-87, May.
    9. Francçois Lescaroux, 2011. "The Oil Price-Microeconomy Relationship is Alive and Well," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 25-48.
    10. Awerbuch, Shimon & Sauter, Raphael, 2006. "Exploiting the oil-GDP effect to support renewables deployment," Energy Policy, Elsevier, vol. 34(17), pages 2805-2819, November.
    11. Angelos Chryssogelos, 2017. "Still Europeanised? Greek Foreign Policy During the Eurozone Crisis," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 118, Hellenic Observatory, LSE.
    12. Roman Mestre, 2021. "A wavelet approach of investing behaviors and their effects on risk exposures," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-37, December.
    13. Natanelov, Valeri & McKenzie, Andrew M. & Van Huylenbroeck, Guido, 2013. "Crude oil–corn–ethanol – nexus: A contextual approach," Energy Policy, Elsevier, vol. 63(C), pages 504-513.
    14. Vaidyanathan, Geeta & Sankaranarayanan, Ramani & Yap, Nonita T., 2019. "Bridging the chasm – Diffusion of energy innovations in poor infrastructure starved communities," Renewable and Sustainable Energy Reviews, Elsevier, vol. 99(C), pages 243-255.
    15. Filis, George & Degiannakis, Stavros & Floros, Christos, 2011. "Dynamic correlation between stock market and oil prices: The case of oil-importing and oil-exporting countries," International Review of Financial Analysis, Elsevier, vol. 20(3), pages 152-164, June.
    16. Mehdi Behname, 2013. "The relationship between Market Size, Inflation and Energy," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    17. Augutis, Juozas & Krikstolaitis, Ricardas & Martisauskas, Linas & Peciulyte, Sigita, 2012. "Energy security level assessment technology," Applied Energy, Elsevier, vol. 97(C), pages 143-149.
    18. Yazid Dissou & Lilia Karnizova & Qian Sun, 2015. "Industry-level Econometric Estimates of Energy-Capital-Labor Substitution with a Nested CES Production Function," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(1), pages 107-121, March.
    19. Arouri, Mohamed El Hedi, 2011. "Does crude oil move stock markets in Europe? A sector investigation," Economic Modelling, Elsevier, vol. 28(4), pages 1716-1725, July.
    20. Ramos, Sofia B. & Veiga, Helena, 2011. "Risk factors in oil and gas industry returns: International evidence," Energy Economics, Elsevier, vol. 33(3), pages 525-542, May.

    More about this item

    Keywords

    renewable resources; European Union; energy policies; climate change and energy;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ibrjnl:v:10:y:2017:i:6:p:112-122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.