IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v38y2014icp700-705.html
   My bibliography  Save this article

A comparative study on energy income estimation: A case study in Turkey

Author

Listed:
  • Ak, M.
  • Yanmaz, A.M.
  • Kentel, E.

Abstract

Hydropower is the main domestic energy resource of Turkey. The total gross and the economically feasible hydropower potentials of Turkey are estimated as 433TWh/yr and 127TWh/yr, respectively, by the General Directorate of State Hydraulic Works (DSI) of the Ministry of Forestry and Water Affairs.11Ozkaldi, A. General Directorate of State Hydraulic Works, http://www.dsi.gov.tr/docs/sunumlar/enerji-sunumu---27-11-2011.ppt?sfvrsn=2, 27 October 2011 [accessed 5.05.13]. Approximately 35% of the economically feasible hydropower potential is currently being utilized. The government accelerated the development of the unused potential by enabling the private sector to build and operate hydroelectric power plants. The primary goal of a feasibility study is the determination of the best installed capacity through economic analysis, which is based on evaluation of energy incomes and investment costs associated with alternative installed capacities. Generally, it is relatively easy to realistically estimate the investment costs. On the other hand, energy income estimation is not a straight forward process; a number of different methods which result in different income estimates are being used in Turkey. The General Directorate of Renewable Energy (YEGM) of the Ministry and Natural Resources and DSI recommend similar methods for energy income estimation based on firm and secondary energy generations. However, suggested unit prices for firm and secondary energy generations by DSI and YEGM are quite different, which results in different energy income estimations. Apart from these two methods, consultancy firms, unlike DSI and YEGM, use a single unit price for energy without making any distinction between firm and secondary energies. In all three methods fixed energy prices are used. Nevertheless these approaches do not represent the current situation in Turkey, since the electricity market allows development of hourly electricity prices. In this study, a new energy income estimation method which utilizes hourly electricity prices, called the Variable Price Method is developed. Results of these four methods are compared for a case study, namely Altiparmak Hydroelectric Power Plant.

Suggested Citation

  • Ak, M. & Yanmaz, A.M. & Kentel, E., 2014. "A comparative study on energy income estimation: A case study in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 700-705.
    • Handle: RePEc:eee:rensus:v:38:y:2014:i:c:p:700-705
    DOI: 10.1016/j.rser.2014.07.012
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S136403211400464X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2014.07.012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. 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.
    2. Capik, Mehmet & Osman Yılmaz, Ali & Cavusoglu, İbrahim, 2012. "Hydropower for sustainable energy development in Turkey: The small hydropower case of the Eastern Black Sea Region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 6160-6172.
    3. Karlis, Athanassios D & Papadopoulos, Demetrios P, 2000. "A systematic assessment of the technical feasibility and economic viability of small hydroelectric system installations," Renewable Energy, Elsevier, vol. 20(2), pages 253-262.
    4. Uzlu, Ergun & Akpınar, Adem & Kömürcü, Murat İhsan, 2011. "Restructuring of Turkey’s electricity market and the share of hydropower energy: The case of the Eastern Black Sea Basin," Renewable Energy, Elsevier, vol. 36(2), pages 676-688.
    5. Yuksel, Ibrahim, 2013. "Renewable energy status of electricity generation and future prospect hydropower in Turkey," Renewable Energy, Elsevier, vol. 50(C), pages 1037-1043.
    6. Baris, Kemal & Kucukali, Serhat, 2012. "Availibility of renewable energy sources in Turkey: Current situation, potential, government policies and the EU perspective," Energy Policy, Elsevier, vol. 42(C), pages 377-391.
    7. Camadan, Ercüment & Erten, Ibrahim Etem, 2011. "An evaluation of the transitional Turkish electricity balancing and settlement market: Lessons for the future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(2), pages 1325-1334, February.
    8. Ozyurt, O., 2010. "Energy issues and renewables for sustainable development in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2976-2985, December.
    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. Li, Yun & Li, Yanbin & Ji, Pengfei & Yang, Jing, 2015. "The status quo analysis and policy suggestions on promoting China׳s hydropower development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1071-1079.
    2. Ak, Mumtaz & Kentel, Elcin & Savasaneril, Secil, 2017. "Operating policies for energy generation and revenue management in single-reservoir hydropower systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 1253-1261.

    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. Kelly-Richards, Sarah & Silber-Coats, Noah & Crootof, Arica & Tecklin, David & Bauer, Carl, 2017. "Governing the transition to renewable energy: A review of impacts and policy issues in the small hydropower boom," Energy Policy, Elsevier, vol. 101(C), pages 251-264.
    2. Ahmet Ozan Celik & Volkan Kiricci, 2016. "Examination of changes in the Turkish hydropower development, regulation, and planning," Energy & Environment, , vol. 27(8), pages 919-932, December.
    3. Ozturk, Munir & Saba, Naheed & Altay, Volkan & Iqbal, Rizwan & Hakeem, Khalid Rehman & Jawaid, Mohammad & Ibrahim, Faridah Hanum, 2017. "Biomass and bioenergy: An overview of the development potential in Turkey and Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 1285-1302.
    4. Mahmure Övül Arıoğlu Akan & Ayşe Ayçim Selam & Seniye Ümit Oktay Fırat & Merve Er Kara & Semih Özel, 2015. "A Comparative Analysis of Renewable Energy Use and Policies: Global and Turkish Perspectives," Sustainability, MDPI, vol. 7(12), pages 1-29, December.
    5. Akman, Ugur & Okay, Esin & Okay, Nesrin, 2013. "Current snapshot of the Turkish ESCO market," Energy Policy, Elsevier, vol. 60(C), pages 106-115.
    6. Ari, Izzet & Sari, Ramazan, 2015. "The role of feed-in tariffs in emission mitigation: Turkish case," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 768-775.
    7. Abdul, Daud & Wenqi, Jiang & Tanveer, Arsalan, 2022. "Prioritization of renewable energy source for electricity generation through AHP-VIKOR integrated methodology," Renewable Energy, Elsevier, vol. 184(C), pages 1018-1032.
    8. Capik, Mehmet & Osman Yılmaz, Ali & Cavusoglu, İbrahim, 2012. "Hydropower for sustainable energy development in Turkey: The small hydropower case of the Eastern Black Sea Region," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 6160-6172.
    9. Murat Sirin, Selahattin & Ege, Aylin, 2012. "Overcoming problems in Turkey's renewable energy policy: How can EU contribute?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 4917-4926.
    10. Ari, İzzet, 2013. "Voluntary emission trading potential of Turkey," Energy Policy, Elsevier, vol. 62(C), pages 910-919.
    11. Yousefi-Sahzabi, Amin & Unlu-Yucesoy, Eda & Sasaki, Kyuro & Yuosefi, Hossein & Widiatmojo, Arif & Sugai, Yuichi, 2017. "Turkish challenges for low-carbon society: Current status, government policies and social acceptance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 596-608.
    12. Halil Burak Sakal, 2021. "Turkey’s energy trade relations with Europe: The role of institutions and energy market," Energy & Environment, , vol. 32(7), pages 1243-1274, November.
    13. Yi, Choong-Sung & Lee, Jin-Hee & Shim, Myung-Pil, 2010. "Site location analysis for small hydropower using geo-spatial information system," Renewable Energy, Elsevier, vol. 35(4), pages 852-861.
    14. Ismail, M.S. & Moghavvemi, M. & Mahlia, T.M.I., 2013. "Energy trends in Palestinian territories of West Bank and Gaza Strip: Possibilities for reducing the reliance on external energy sources," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 117-129.
    15. Ozcan, Mustafa, 2018. "The role of renewables in increasing Turkey's self-sufficiency in electrical energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2629-2639.
    16. Ezbakhe, Fatine & Pérez-Foguet, Agustí, 2021. "Decision analysis for sustainable development: The case of renewable energy planning under uncertainty," European Journal of Operational Research, Elsevier, vol. 291(2), pages 601-613.
    17. 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.
    18. Romano, Antonio A. & Scandurra, Giuseppe & Carfora, Alfonso & Fodor, Mate, 2017. "Renewable investments: The impact of green policies in developing and developed countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 738-747.
    19. Uzlu, Ergun & Akpınar, Adem & Özturk, Hasan Tahsin & Nacar, Sinan & Kankal, Murat, 2014. "Estimates of hydroelectric generation using neural networks with the artificial bee colony algorithm for Turkey," Energy, Elsevier, vol. 69(C), pages 638-647.
    20. Faruk Guner & Hilmi Zenk, 2020. "Experimental, Numerical and Application Analysis of Hydrokinetic Turbine Performance with Fixed Rotating Blades," Energies, MDPI, vol. 13(3), pages 1-15, February.

    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:eee:rensus:v:38:y:2014:i:c:p:700-705. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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.