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The Changing Dynamics of Energy in Turkey

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  • Tagliapietra, Simone

Abstract

This paper explores how Turkey’s politics and economy are affected by changes in global energy. To define which are the most relevant developments, the paper opens with an overview of the country's economic landscape. This analysis illustrates that energy, being the key driver behind its large current account deficit, represents a major point of vulnerability for the country. On this basis, the paper illustrates Turkey's energy matrix, an analysis that outlines the rising role of gas in the country's energy sector, both under the internal (i.e. growing share of the mix) and external (i.e. the country's potential role as regional gas hub) points of view. Finally, these issues are discussed with the aim of assessing the prospects for Turkey to turn gas into a geopolitical and economic asset for the country.

Suggested Citation

  • Tagliapietra, Simone, 2016. "The Changing Dynamics of Energy in Turkey," ESP: Energy Scenarios and Policy 251812, Fondazione Eni Enrico Mattei (FEEM).
  • Handle: RePEc:ags:feemes:251812
    DOI: 10.22004/ag.econ.251812
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    File URL: http://ageconsearch.umn.edu/record/251812/files/NDL2016-078.pdf
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    References listed on IDEAS

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    1. Manfred Hafner & Simone Tagliapietra, 2013. "Rethinking Global Natural Gas Markets: New Challenges and Opportunities Ahead," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, December.
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    Keywords

    Resource /Energy Economics and Policy;

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