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The Energy Policies for a Sustainable Economic Growth in Turkey

Author

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  • Hasmet Gok rmak

    (Business Administration Department, stanbul Sabahattin Zaim University, Turkey)

Abstract

This study deliberates on the main energy policies and their implications for Turkey in recent years. Turkey has been implementing some major policy changes in its energy strategy, including comprehensive liberalization and competitive market initiatives. There have been also same efforts to attract investors into energy sector. Energy efficiency is also attracting attention from the policy makers since it is an important element of the energy supply security. Diversification of the suppliers of natural gas and oil, and an increase in the use of alternative renewable energy sources, such as wind and solar energy, reduce energy costs and contribute to the energy supply security. There has been an ongoing effort to modify laws and regulations to confirm with European Union (EU) legislations forTurkey s advancement toward accession to EU.Turkey may also serve as aTransportation Corridor and an Energy Hub between the East and the West

Suggested Citation

  • Hasmet Gok rmak, 2017. "The Energy Policies for a Sustainable Economic Growth in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 55-61.
    • Handle: RePEc:eco:journ2:2017-01-06
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    More about this item

    Keywords

    Turkish Energy Policy; Renewables; Energy Liberalization;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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