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The Role of Green Energy Investments in Energy Supply Security

In: Circular Economy and the Energy Market

Author

Listed:
  • Ahmet Murat Ermiş

    (İstanbul Medipol University)

  • Muhammed Emrullah Güven

    (İstanbul Medipol University)

Abstract

Renewable energy sources provide the management and control of energy production. The increase in the share of renewable energy sources in the energy portfolio ensures that the renewable energy obtained from local sources is controlled nationally. Since energy is obtained by using local resources, control can be achieved completely. Ensuring the control of energy resources constitutes a priority step towards ensuring supply security. An important element of energy supply security is to ensure continuity of access to energy while meeting energy needs. If the continuity of access to energy is affected by any political, political, or economic factor and dragged into a negative direction, it is a risk factor for energy supply security. Reducing or eliminating the current risk will be possible by focusing on renewable energy sources. Investments in renewable energy resources will reduce foreign dependency as it will ensure energy supply stability through energy management and control. The fragility of access to energy will decrease. Energy supply security will be ensured by reducing the vulnerability of energy access. In this context, renewable energy investments are a factor that needs to be increased to ensure energy supply security.

Suggested Citation

  • Ahmet Murat Ermiş & Muhammed Emrullah Güven, 2022. "The Role of Green Energy Investments in Energy Supply Security," Contributions to Economics, in: Hasan Dinçer & Serhat Yüksel (ed.), Circular Economy and the Energy Market, chapter 0, pages 67-77, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-13146-2_6
    DOI: 10.1007/978-3-031-13146-2_6
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