The status of renewable electricity from hydropower in Turkey

Serencam, Uğur

doi:10.1080/15567249.2016.1251511

Cited by 3 publications

(4 citation statements)

References 8 publications

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“…Especially, its hydropower potential has been utilized to some degree. Thanks to the significant share of hydroelectricity generation, renewables' share in total electricity generation has been varying between 17 and 30 percent in recent years (Serencam, 2017). Turkey also has a goal to increase renewable energy share in its total energy generation to 30 percent by 2023 (Kaplan, 2015).…”

Section: Introductionmentioning

confidence: 99%

Effects of renewable energy consumption and trade on environmental pollution

Karasoy

Akçay

2019

MEQ

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Purpose The purpose of this paper is to examine the impacts of (non-renewable and renewable) energy consumption and trade on environmental pollution in an environmental Kuznets curve (EKC) setting in Turkey for the 1965–2016 period. Design/methodology/approach Besides conventionally used unit root tests, Zivot–Andrews unit-root test is also employed to account for a possible structural break. To investigate the interrelationships among the variables, the autoregressive distributed lag and the vector error correction methodologies are employed. Findings The results verify the EKC hypothesis. Moreover, increases in trade and non-renewable energy consumption rise carbon emissions in long run, while renewable energy consumption reduces it in both short- and long-run. The causality analysis reveals that there are bi-directional long-run causalities between non-renewable energy consumption and carbon dioxide emissions, and between trade and carbon dioxide emissions. Additionally, the neutrality hypothesis is valid for the renewable energy consumption-income nexus in both short- and long-run. For the non-renewable energy consumption-income nexus, the neutrality hypothesis holds only in short-run and the conservation hypothesis holds only in long-run. Originality/value This is the first study which incorporates both renewable energy consumption and trade into its environmental pollution model for Turkey. Moreover, by investigating short- and long-run causalities among the employed variables, more robust policy implications are put forward. Lastly, this study employs a longer sample period and considers a structural break in its models.

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Section: Introductionmentioning

confidence: 99%

Effects of renewable energy consumption and trade on environmental pollution

Karasoy

Akçay

2019

MEQ

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“…Production costs are high in HEPP projects because of the high cost of construction materials and labour, and the lack of subsidies available for conventional energy production (Brunnschweiler, 2010; Verma and Jagtap, 2015; Serencam, 2017; Abolhosseini and Heshmati, 2014). Production costs for HEPP projects are lower than other types of renewables (International Renewable Energy Agency (IRENA), 2020, p. 21) however, still higher than conventional production.…”

Section: Analysis Of the Resultsmentioning

confidence: 99%

Financing hydroelectric power plants: a review and evaluation of financing channels

İpin

Ercan

2020

IJESM

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Purpose This study aims to identify project funding shortcomings in the existing literature and evaluate the financing channels accordingly. Design/methodology/approach This paper uses a structured literature review – a content analysis method. Then, the comparative analysis applied to data gathered from the content analysis. Findings To define the main research topics and establish a focus on hydroelectric power plant (HEPP) financing, a comprehensive structured literature review was conducted. According to the results of this study, there are three main categories of HEPP financing studies in the literature, namely, financing channels and products, factors that complicate financing and financing- risk relationship of HEPP projects. According to these findings, which criteria most affecting HEPP financing and which financing channel is the most suitable are determined. Research limitations/implications Among all financing channels, only direct debt sources are selected. Practical implications This study is structured as a simple lender selection guide for HEPP investments. Selection criteria are applicable for both lenders and investors. For lenders, those criteria are expected to improve loan performance and optimize financial product selection. For investors, those criteria are expected to help choosing suitable products and improve revenues. Social implications This study will contribute the researchers those intended to work on the topic. Originality/value This study will contribute to limited literature on HEPP financing. Project finance literature is limited and narrow even there is no study that investigates hydropower project finance sourcing. In this manner, this study can be considered as a pioneer.

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“…In 2015, 86.1% of CO 2 , 11.8% of CH 4 and 11.2% of N 2 O in the greenhouse gasses were due to the utilisation of fossil fuel resources in Turkey [6]. Investments in nuclear and renewable energy sources are increasing with investments in domestic lignite production in order to reduce external dependence on non-lignite fossil energy resources and to provide energy diversity [7][8][9][10].…”

Section: Introductionmentioning

confidence: 99%

“…Because electricity cannot be stored, the diversification of power generation facilities is essential to meet the growing need for electricity [11]. Renewable and clean energy sources such as solar, nuclear, wind and geothermal are the most important sources that can be used by developing and fossil fuel importing countries like Turkey [7,8]. Parallel to the direction in the world, Turkey is trying to give more importance to the efforts to meet this electricity need.…”

Section: Introductionmentioning

confidence: 99%

Evolution of Energy Strategies in Turkey: Forecasts by Time Series

Top

Vapur

2018

JENRR

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As a developing country with over 70% external dependence on energy, there is an increasing demand for electricity in Turkey. In this study, energy resources strategies in Turkey have been investigated and the historical development of its energy usage was summarised. Turkey's energy demand has increased as a result of industrial development and the various energy sources have been selected in different periods to meet this need. In all periods, fossil fuels have taken the lead in energy production. Although investments in renewable and nuclear energy sources have increased, fossil energy sources will not be replaced in the near future. The future fossil fuel production, the electricity production and the greenhouse emissions have been calculated and interpreted by time series (ARIMA), statistically. The forecasts mainly show that natural gas based electricity generation will decrease to 9.3% and renewable energy based electricity generation will increase to 25.6% in the next decade. It is obvious that the fossil fuels based greenhouse emissions will be 375.61 million tons CO2 equivalent in 2026 and the largest share of this emission will be derived from the natural gas by 66.3 billion m3.

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The status of renewable electricity from hydropower in Turkey

Cited by 3 publications

References 8 publications

Effects of renewable energy consumption and trade on environmental pollution

Effects of renewable energy consumption and trade on environmental pollution

Financing hydroelectric power plants: a review and evaluation of financing channels

Evolution of Energy Strategies in Turkey: Forecasts by Time Series

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