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Nuclear power in open energy markets: A case study of Turkey

  • Erdogdu, Erkan

For many decades, like many developed countries, Turkey has controlled her electricity sector as a state-owned monopoly. However, faced with rapid electricity demand growth, Turkey started to consider nuclear option. The present paper aims at evaluating both the present status of nuclear power in general and its implications for Turkish energy market in particular. After examining existing nuclear power technology and providing a brief overview of nuclear power economics; it focuses on the repercussions of nuclear power for Turkish energy market. The paper concludes that, in the short run, it may be considered to keep nuclear power within Turkish energy mix because it is an important carbon-free source of power that can potentially make a significant contribution to both Turkey's future electricity supply and efforts to strengthen Turkey's security of supply. However, in the long term, nuclear power should be retained in Turkey only if it has a lower cost than competing technologies.

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File URL: http://www.sciencedirect.com/science/article/B6V2W-4MM267D-3/2/16eaa68f8bc212adbab9ece108ce602a
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Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 35 (2007)
Issue (Month): 5 (May)
Pages: 3061-3073

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Handle: RePEc:eee:enepol:v:35:y:2007:i:5:p:3061-3073
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  1. Hepbasli, Arif, 2005. "Development and restructuring of Turkey's electricity sector: a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 9(4), pages 311-343, August.
  2. Erdogdu, Erkan, 2007. "Regulatory reform in Turkish energy industry: An analysis," Energy Policy, Elsevier, vol. 35(2), pages 984-993, February.
  3. Erdogdu, Erkan, 2007. "Electricity Demand Analysis Using Cointegration and ARIMA Modelling: A case study of Turkey," MPRA Paper 19099, University Library of Munich, Germany.
  4. Andersson, Bo & Haden, Erik, 1997. "Power production and the price of electricity: an analysis of a phase-out of Swedish nuclear power," Energy Policy, Elsevier, vol. 25(13), pages 1051-1064, November.
  5. Erdogdu, Erkan, 2005. "Energy market reforms in Turkey: An economic analysis," MPRA Paper 26929, University Library of Munich, Germany.
  6. Erdogdu, Erkan, 2002. "Turkey and Europe: Undivided but not united," MPRA Paper 26928, University Library of Munich, Germany.
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