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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| Language: | English en_US |
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Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/10/25201156/turkey’s-energy-transition-milestones-challenges http://hdl.handle.net/10986/22913 |
| Summary: | 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. |
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