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The sustainability of Turkish electricity distributors and last-resort electricity suppliers: What did transition from vertically integrated public monopoly to regulated competition with privatized and unbundled firms bring about?

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  • Özbuğday, Fatih Cemil
  • Öğünlü, Bilal
  • Alma, Hasan

Abstract

The Turkish electricity distribution and electricity supply businesses have been substantial affected by the transition from a vertically integrated public monopoly model to a model of regulated competition with privatized and unbundled firms. We analyze how select elements of sustainability have been and will be affected by this transition. Specifically, we consider transparency of the electricity market as a whole and implications for electricity supply and distribution, the financial soundness of the electricity distribution industry, the quality of electricity delivered by the distributors, and the competitiveness of the electricity supply business. The key finding is that little if any progress toward sustainability has been achieved. We conclude that there remains much for policymakers to do to establish a sustainable market structure.

Suggested Citation

  • Özbuğday, Fatih Cemil & Öğünlü, Bilal & Alma, Hasan, 2016. "The sustainability of Turkish electricity distributors and last-resort electricity suppliers: What did transition from vertically integrated public monopoly to regulated competition with privatized an," Utilities Policy, Elsevier, vol. 39(C), pages 50-67.
    • Handle: RePEc:eee:juipol:v:39:y:2016:i:c:p:50-67
    DOI: 10.1016/j.jup.2015.10.003
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    References listed on IDEAS

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    Cited by:

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    2. Annesi, Nora & Battaglia, Massimo & Sganzetta, Lorenza, 2023. "Mutual benefits of sustainability integration in the value chain: Responsible innovation by public utilities," Utilities Policy, Elsevier, vol. 82(C).
    3. Oguz, Fuat, 2020. "Complexity of Electricity Markets and their Regulation: Insights from the Turkish Experience," MPRA Paper 99261, University Library of Munich, Germany.
    4. Álvaro L. Ferreira & Tomás C. de Castro & Marcelo A. Costa & Sérgio H. R. Ribeiro & Iguatinan G. Monteiro, 2023. "Financial sustainability disparities among energy distribution companies: a multi-factor study case in Brazil," SN Business & Economics, Springer, vol. 3(7), pages 1-35, July.
    5. Esmaeili Aliabadi, Danial & Chan, Katrina, 2022. "The emerging threat of artificial intelligence on competition in liberalized electricity markets: A deep Q-network approach," Applied Energy, Elsevier, vol. 325(C).
    6. Fontana, Magda & Iori, Martina & Nava, Consuelo Rubina, 2019. "Switching behavior in the Italian electricity retail market: Logistic and mixed effect Bayesian estimations of consumer choice," Energy Policy, Elsevier, vol. 129(C), pages 339-351.

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