IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2013-04-3.html
   My bibliography  Save this article

The Implications of Biofuel Policy in Turkey

Author

Listed:
  • G lden B l k

    (Akdeniz University, Department of Economics, Turkey)

  • A. Ali Ko

    ( Akdeniz University, Department of Economics, Turkey)

Abstract

Turkish Energy Regulatory Agency (EMRA) announced in September 2011 that biofuel blending will be mandatory starting from 2013 and 2014 for bioethanol (2%) and biodiesel (1%) respectively. The blending ratio will be increased to 3 percent for bioethanol in 2014 and biodiesel in 2016. This study aims to evaluate the net trade impacts of the blending regulation. In Turkey, sugar beet based ethanol production seems feasible and sustainable. Mandatory blending ratio will increase the capacity utilization of existing plants. Bioethanol blending (2%) will reduce oil imports by 255.2 million US Dollar in 2013. Contribution impact of bioethanol production will be much greater by 2016. But, since Turkey is already a net importer of oilseeds biodiesel, blending implementation will deteriorate the foreign trade balance and 2 percent blending will bring around 488.5 million US Dollar extra import increase in 2015. Therefore, net trade impact of mandatory blending is expected to be negative.

Suggested Citation

  • G lden B l k & A. Ali Ko, 2013. "The Implications of Biofuel Policy in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 3(Special), pages 14-22.
    • Handle: RePEc:eco:journ2:2013-04-3
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/ijeep/article/download/570/321
    Download Restriction: no
    File URL: http://www.econjournals.com/index.php/ijeep/article/view/570/321
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Toklu, E. & Güney, M.S. & IsIk, M. & ComaklI, O. & Kaygusuz, K., 2010. "Energy production, consumption, policies and recent developments in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(4), pages 1172-1186, May.
    2. Erdogdu, Erkan, 2005. "Energy market reforms in Turkey: An economic analysis," MPRA Paper 26929, University Library of Munich, Germany.
    3. Erdogdu, Erkan, 2007. "Regulatory reform in Turkish energy industry: An analysis," Energy Policy, Elsevier, vol. 35(2), pages 984-993, February.
    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. Eksi, Guner & Karaosmanoglu, Filiz, 2017. "Combined bioheat and biopower: A technology review and an assessment for Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 1313-1332.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Erkan Erdogdu, 2014. "The Political Economy of Electricity Market Liberalization: A Cross-country Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    2. Erdogdu, Erkan, 2007. "Nuclear power in open energy markets: A case study of Turkey," Energy Policy, Elsevier, vol. 35(5), pages 3061-3073, May.
    3. G lden B l k, 2013. "Renewable Energy: Policy Issues and Economic Implications in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 3(2), pages 153-167.
    4. Erdogdu, Erkan, 2010. "A paper on the unsettled question of Turkish electricity market: Balancing and settlement system (Part I)," Applied Energy, Elsevier, vol. 87(1), pages 251-258, January.
    5. Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
    6. Kucukali, Serhat & Baris, Kemal, 2009. "Assessment of small hydropower (SHP) development in Turkey: Laws, regulations and EU policy perspective," Energy Policy, Elsevier, vol. 37(10), pages 3872-3879, October.
    7. Erdogdu, Erkan, 2009. "On the wind energy in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(6-7), pages 1361-1371, August.
    8. Erdogdu, Erkan, 2010. "Electricity Market Reform: Lessons for developing countries," MPRA Paper 27317, University Library of Munich, Germany.
    9. Erdogdu, Erkan, 2008. "An exposé of bioenergy and its potential and utilization in Turkey," Energy Policy, Elsevier, vol. 36(6), pages 2182-2190, June.
    10. Erisa Dautaj Şenerdem & K. Ali Akkemik, 2020. "Evaluation of the reform in the Turkish electricity sector: a CGE analysis," International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 389-419, August.
    11. International Monetary Fund, 2010. "Islamic Republic of Iran: Selected Issues Paper," IMF Staff Country Reports 2010/076, International Monetary Fund.
    12. Erdogdu, Erkan, 2011. "An analysis of Turkish hydropower policy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 689-696, January.
    13. Dastan, Seyit Ali, 2011. "Analysing success of regulatory policy transfers: Evidence from Turkish energy markets," Energy Policy, Elsevier, vol. 39(12), pages 8116-8124.
    14. Cetin, Tamer & Oguz, Fuat, 2007. "The politics of regulation in the Turkish electricity market," Energy Policy, Elsevier, vol. 35(3), pages 1761-1770, March.
    15. Abdurrahman Nazif ÇATIK, 2020. "A Time-varying VAR Investigation of the Relationship among Electricity, Fossil Fuel Prices and Exchange Rate in Turkey," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 60-77, September.
    16. Tasdoven, Hidayet & Fiedler, Beth Ann & Garayev, Vener, 2012. "Improving electricity efficiency in Turkey by addressing illegal electricity consumption: A governance approach," Energy Policy, Elsevier, vol. 43(C), pages 226-234.
    17. Mustafa G zen, 2014. "Renewable Energy Support Mechanism in Turkey: Financial Analysis and Recommendations to Policymakers," International Journal of Energy Economics and Policy, Econjournals, vol. 4(2), pages 274-287.
    18. Bölük, Gülden & Koç, A. Ali, 2010. "Electricity demand of manufacturing sector in Turkey: A translog cost approach," Energy Economics, Elsevier, vol. 32(3), pages 609-615, May.
    19. Kucukali, Serhat, 2010. "Municipal water supply dams as a source of small hydropower in Turkey," Renewable Energy, Elsevier, vol. 35(9), pages 2001-2007.
    20. Selçuklu, Saltuk Buğra & Coit, D.W. & Felder, F.A., 2023. "Electricity generation portfolio planning and policy implications of Turkish power system considering cost, emission, and uncertainty," Energy Policy, Elsevier, vol. 173(C).

    More about this item

    Keywords

    Sustainable biofuel production; biofuel policy impact; energy policy;
    All these keywords.

    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

    Statistics

    Access and download statistics

    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:eco:journ2:2013-04-3. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.