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Estimating the cost of capital for wind energy investments in Turkey

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  • Gustav Fredriksson
  • Simone Tagliapietra
  • Georg Zachmann

Abstract

The research was carried out with the kind support of Stiftung Mercator. Wind power represents a key component of Turkey’s energy strategy. Increased investment will be required to meet Turkey’s wind power target and, as such, there is a need to understand the viability of wind power projects there. The cost of capital is a crucial element in wind power investment decisions owing to the high capital intensity of wind...

Suggested Citation

  • Gustav Fredriksson & Simone Tagliapietra & Georg Zachmann, 2019. "Estimating the cost of capital for wind energy investments in Turkey," Bruegel Working Papers 30442, Bruegel.
    • Handle: RePEc:bre:wpaper:30442
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    References listed on IDEAS

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    1. Atilgan, Burcin & Azapagic, Adisa, 2016. "An integrated life cycle sustainability assessment of electricity generation in Turkey," Energy Policy, Elsevier, vol. 93(C), pages 168-186.
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    Cited by:

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    2. Pei-Hsuan Tsai & Chih-Jou Chen & Ho-Chin Yang, 2021. "Using Porter’s Diamond Model to Assess the Competitiveness of Taiwan’s Solar Photovoltaic Industry," SAGE Open, , vol. 11(1), pages 21582440209, January.
    3. Alizadeh Zolbin, Mahboubeh & Tahouni, Nassim & Panjeshahi, M. Hassan, 2022. "Total site integration considering wind /solar energy with supply/demand variation," Energy, Elsevier, vol. 252(C).
    4. 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.
    5. Kayo, Eduardo K. & Martelanc, Roy & Brunaldi, Eduardo O. & da Silva, Walter E., 2020. "Capital asset pricing model, beta stability, and the pricing puzzle of electricity transmission in Brazil," Energy Policy, Elsevier, vol. 142(C).
    6. Wang, Yongli & Zhou, Minhan & Zhang, Fuli & Zhang, Yuli & Ma, Yuze & Dong, Huanran & Zhang, Danyang & Liu, Lin, 2021. "Chinese grid investment based on transmission and distribution tariff policy: An optimal coordination between capacity and demand," Energy, Elsevier, vol. 219(C).
    7. Justyna Franc-Dąbrowska & Magdalena Mądra-Sawicka & Anna Milewska, 2021. "Energy Sector Risk and Cost of Capital Assessment—Companies and Investors Perspective," Energies, MDPI, vol. 14(6), pages 1-20, March.
    8. Jakub Horak & Petr Suler & Jaroslav Kollmann & Jan Marecek, 2020. "Credit Absorption Capacity of Businesses in the Construction Sector of the Czech Republic—Analysis Based on the Difference in Values of EVA Entity and EVA Equity," Sustainability, MDPI, vol. 12(21), pages 1-16, October.
    9. Xin-gang, Zhao & Wei, Wang & Jieying, Wang, 2022. "The policy effects of demand-pull and technology-push on the diffusion of wind power: A scenario analysis based on system dynamics approach," Energy, Elsevier, vol. 261(PA).

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