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Economical comparison of imported energy sources in terms of long-term production planning

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  • Güngör, Z.
  • Bozkurt, G.

Abstract

In this paper, the Turkish energy production sector is studied and power plants fueled by natural gas, imported coal and nuclear power are compared in terms of long-term (1996–2010) production economy. A net present value model is used for comparing nuclear, coal and natural gas power plants. A scenario approach is utilized in establishing the effects of different factors, such as inflation rate, unit investment costs, load factor change, discount rate and fuel price changes. Six different scenarios of interest are developed and discussed. The study ends with conclusions and recommendations based on a study of a reference scenario and alternative scenarios.

Suggested Citation

  • Güngör, Z. & Bozkurt, G., 1999. "Economical comparison of imported energy sources in terms of long-term production planning," Energy, Elsevier, vol. 24(1), pages 31-42.
    • Handle: RePEc:eee:energy:v:24:y:1999:i:1:p:31-42
    DOI: 10.1016/S0360-5442(98)00069-3
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    Cited by:

    1. Berna Tektas Sivrikaya & Ferhan Cebi & Hasan Hüseyin Turan & Nihat Kasap & Dursun Delen, 2017. "A fuzzy long-term investment planning model for a GenCo in a hybrid electricity market considering climate change impacts," Information Systems Frontiers, Springer, vol. 19(5), pages 975-991, October.
    2. Bilgili, M. & Şahin, B. & Kahraman, A., 2004. "Wind energy potential in Antakya and İskenderun regions, Turkey," Renewable Energy, Elsevier, vol. 29(10), pages 1733-1745.
    3. Yildirim, Mehmet & Erkan, Kadir, 2007. "Determination of acceptable operating cost level of nuclear energy for Turkey's power system," Energy, Elsevier, vol. 32(2), pages 128-136.
    4. Berna Tektas Sivrikaya & Ferhan Cebi & Hasan Hüseyin Turan & Nihat Kasap & Dursun Delen, 0. "A fuzzy long-term investment planning model for a GenCo in a hybrid electricity market considering climate change impacts," Information Systems Frontiers, Springer, vol. 0, pages 1-17.

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