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Regulatory Reform in Turkish Energy Industry: An analysis

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  • Erdogdu, Erkan

Abstract

The Republic of Turkey has initiated an ambitious reform program in the most important segments of her energy market; which requires privatization, liberalization as well as a radical restructuring of these industries. However, there is no consensus that the measures introduced are optimal. The present article attempts, first, to evaluate the regulatory framework created by the laws of 2001 in terms of economic efficiency considerations; and second, to determine what still needs to be done to improve the current situation. The paper not only provides an analysis of these reforms but also lists some policy suggestions. The study concludes that despite relatively good legislative framework, in practice, the reforms in Turkey are far from ideal as they are mainly in the form of “textbook reforms”; and therefore a significant amount of work still lies ahead of Turkey to set up a fully fledged energy market.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 19100.

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Date of creation: 2007
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Publication status: Published in Energy Policy 2.35(2007): pp. 984-993
Handle: RePEc:pra:mprapa:19100

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Keywords: Turkish energy market; Regulation; Restructuring;

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References

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Citations

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Cited by:
  1. Dastan, Seyit Ali, 2011. "Analysing success of regulatory policy transfers: Evidence from Turkish energy markets," Energy Policy, Elsevier, vol. 39(12), pages 8116-8124.
  2. Erdogdu, Erkan, 2011. "The impact of power market reforms on electricity price-cost margins and cross-subsidy levels: a cross country panel data analysis," MPRA Paper 28414, University Library of Munich, Germany.
  3. Erdogdu, Erkan, 2009. "A snapshot of geothermal energy potential and utilization in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2535-2543, December.
  4. Erdogdu, Erkan, 2010. "A paper on the unsettled question of Turkish electricity market: Balancing and settlement system (Part I)," MPRA Paper 19090, University Library of Munich, Germany.
  5. Erdogdu, Erkan, 2011. "An analysis of Turkish hydropower policy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 689-696, January.
  6. Erdogdu, Erkan, 2009. "Some thoughts on the Turkish electricity distribution industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(6-7), pages 1485-1494, August.
  7. Erdogdu, Erkan, 2009. "On the Wind Energy in Turkey," MPRA Paper 19096, University Library of Munich, Germany.
  8. Erdogdu, Erkan, 2008. "An exposé of bioenergy and its potential and utilization in Turkey," Energy Policy, Elsevier, vol. 36(6), pages 2182-2190, June.
  9. Silvestre, Bruno & Hall, Jeremy & Matos, Stelvia & Figueira, Luiz Augusto, 2010. "Privatization of electricity distribution in the Northeast of Brazil: The good, the bad, the ugly or the naïve?," Energy Policy, Elsevier, vol. 38(11), pages 7001-7013, November.
  10. Bölük, Gülden & Koç, A. Ali, 2010. "Electricity demand of manufacturing sector in Turkey: A translog cost approach," Energy Economics, Elsevier, vol. 32(3), pages 609-615, May.
  11. Erdogdu, Erkan, 2007. "Nuclear power in open energy markets: A case study of Turkey," Energy Policy, Elsevier, vol. 35(5), pages 3061-3073, May.
  12. Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
  13. Kucukali, Serhat & Baris, Kemal, 2009. "Assessment of small hydropower (SHP) development in Turkey: Laws, regulations and EU policy perspective," Energy Policy, Elsevier, vol. 37(10), pages 3872-3879, October.

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