Turkey’s Energy Transition Milestones and Challenges

Through a variety of interlinked measures, Turkey’s energy reforms have achieved energy security for a fast-growing economy with rapidly increasing energy needs. These measures include legislation regarding electricity, gas, renewable energy, and e...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/10/25201156/turkey’s-energy-transition-milestones-challenges
http://hdl.handle.net/10986/22913
id okr-10986-22913
recordtype oai_dc
spelling okr-10986-229132021-04-23T14:04:11Z Turkey’s Energy Transition Milestones and Challenges World Bank DOMESTIC ENERGY RESOURCES ELECTRIC POWER SECTOR ENERGY EFFICIENCY ENERGY GOVERNANCE ENERGY PRICING NATURAL GAS SECTOR RENEWABLE ENERGY Through a variety of interlinked measures, Turkey’s energy reforms have achieved energy security for a fast-growing economy with rapidly increasing energy needs. These measures include legislation regarding electricity, gas, renewable energy, and energy efficiency; the establishment of an energy sector regulatory authority; energy price reform; the creation of a functional electricity market and large-scale introduction of natural gas; the restructuring of state-owned energy enterprises; and large-scale private sector participation through privatization and new investment. The objectives of this are to: (a) inform future energy reforms and reformers seeking to learn and benefit from Turkey’s experience, and (b) contribute to the dialogue on future energy reforms in Turkey. The report will present Turkey’s accomplishments in developing and implementing market-oriented energy reforms as well as selected key reform challenges going forward. In terms of reform milestones, the primary focus is on the electric power and natural gas sectors, although energy pricing and subsidies in the petroleum sector are also addressed. The report covers mainly the period starting from 2001, when progressive electricity and natural gas market laws were enacted, though the preceding period - from the opening of the energy sector to private investment in 1984 up to the enactment of the new energy market laws in 2001 - is covered briefly to present key milestones and to highlight key lessons. In terms of future challenges, the report discusses the ongoing and unfinished liberalization of the electricity and gas markets as well as required government support, including governance, in the energy sector. The challenges include the reform of the natural gas market, further development of the electricity market, and governance issues in the energy sector. Discussion of environmental and social issues and challenges has been integrated into the relevant sections. 2015-11-09T18:18:47Z 2015-11-09T18:18:47Z 2015-07-01 Report http://documents.worldbank.org/curated/en/2015/10/25201156/turkey’s-energy-transition-milestones-challenges http://hdl.handle.net/10986/22913 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work Europe and Central Asia Turkey
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic DOMESTIC ENERGY RESOURCES
ELECTRIC POWER SECTOR
ENERGY EFFICIENCY
ENERGY GOVERNANCE
ENERGY PRICING
NATURAL GAS SECTOR
RENEWABLE ENERGY
spellingShingle DOMESTIC ENERGY RESOURCES
ELECTRIC POWER SECTOR
ENERGY EFFICIENCY
ENERGY GOVERNANCE
ENERGY PRICING
NATURAL GAS SECTOR
RENEWABLE ENERGY
World Bank
Turkey’s Energy Transition Milestones and Challenges
geographic_facet Europe and Central Asia
Turkey
description Through a variety of interlinked measures, Turkey’s energy reforms have achieved energy security for a fast-growing economy with rapidly increasing energy needs. These measures include legislation regarding electricity, gas, renewable energy, and energy efficiency; the establishment of an energy sector regulatory authority; energy price reform; the creation of a functional electricity market and large-scale introduction of natural gas; the restructuring of state-owned energy enterprises; and large-scale private sector participation through privatization and new investment. The objectives of this are to: (a) inform future energy reforms and reformers seeking to learn and benefit from Turkey’s experience, and (b) contribute to the dialogue on future energy reforms in Turkey. The report will present Turkey’s accomplishments in developing and implementing market-oriented energy reforms as well as selected key reform challenges going forward. In terms of reform milestones, the primary focus is on the electric power and natural gas sectors, although energy pricing and subsidies in the petroleum sector are also addressed. The report covers mainly the period starting from 2001, when progressive electricity and natural gas market laws were enacted, though the preceding period - from the opening of the energy sector to private investment in 1984 up to the enactment of the new energy market laws in 2001 - is covered briefly to present key milestones and to highlight key lessons. In terms of future challenges, the report discusses the ongoing and unfinished liberalization of the electricity and gas markets as well as required government support, including governance, in the energy sector. The challenges include the reform of the natural gas market, further development of the electricity market, and governance issues in the energy sector. Discussion of environmental and social issues and challenges has been integrated into the relevant sections.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Turkey’s Energy Transition Milestones and Challenges
title_short Turkey’s Energy Transition Milestones and Challenges
title_full Turkey’s Energy Transition Milestones and Challenges
title_fullStr Turkey’s Energy Transition Milestones and Challenges
title_full_unstemmed Turkey’s Energy Transition Milestones and Challenges
title_sort turkey’s energy transition milestones and challenges
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/10/25201156/turkey’s-energy-transition-milestones-challenges
http://hdl.handle.net/10986/22913
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