IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v15y2011i2p1325-1334.html
   My bibliography  Save this article

An evaluation of the transitional Turkish electricity balancing and settlement market: Lessons for the future

Author

Listed:
  • Camadan, Ercüment
  • Erten, Ibrahim Etem

Abstract

Balancing and settlement market is a crucial part of restructured Turkish electricity market. In this framework, the main purpose of this study is to examine whether the prices constituted in the transitional balancing and settlement market reflect the real cost of imbalances. Although it is observed that the prices are not powerful in indicating the real cost of imbalances, Turkey has the opportunity to form a well-functioning market within the context of planned new market structure. Turkey needs to define a proper roadmap reckoning the points mentioned in this paper to be able to achieve her objectives.

Suggested Citation

  • Camadan, Ercüment & Erten, Ibrahim Etem, 2011. "An evaluation of the transitional Turkish electricity balancing and settlement market: Lessons for the future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(2), pages 1325-1334, February.
  • Handle: RePEc:eee:rensus:v:15:y:2011:i:2:p:1325-1334
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364-0321(10)00350-3
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jamasb, T. & Mota, R. & Newbery, D. & Pollitt, M., 2004. "‘Electricity Sector Reform in Developing Countries: A Survey of Empirical Evidence on Determinants and Performance’," Cambridge Working Papers in Economics 0439, Faculty of Economics, University of Cambridge.
    2. 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.
    3. Erdogdu, Erkan, 2007. "Regulatory reform in Turkish energy industry: An analysis," Energy Policy, Elsevier, vol. 35(2), pages 984-993, February.
    4. Cetin, Tamer & Oguz, Fuat, 2007. "The politics of regulation in the Turkish electricity market," Energy Policy, Elsevier, vol. 35(3), pages 1761-1770, March.
    5. Erdogdu, Erkan, 2005. "Energy market reforms in Turkey: An economic analysis," MPRA Paper 26929, University Library of Munich, Germany.
    6. Sioshansi, Fereidoon P., 2006. "Electricity Market Reform: What Have We Learned? What Have We Gained?," The Electricity Journal, Elsevier, vol. 19(9), pages 70-83, November.
    7. Bagdadioglu, Necmiddin & Odyakmaz, Necmi, 2009. "Turkish electricity reform," Utilities Policy, Elsevier, vol. 17(1), pages 144-152, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dastan, Seyit Ali & Selcuk, Orhun, 2016. "Review of the security of supply in Turkish energy markets: Lessons from the winter shortages," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 958-971.
    2. Ak, M. & Yanmaz, A.M. & Kentel, E., 2014. "A comparative study on energy income estimation: A case study in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 700-705.

    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:eee:rensus:v:15:y:2011:i:2:p:1325-1334. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.