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The Changing Dynamics of Energy in Turkey

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  • Simone Tagliapietra

    (Fondazione Eni Enrico Mattei)

Abstract

This paper explores how Turkey’s politics and economy are affected by changes in global energy. To define which are the most relevant developments, the paper opens with an overview of the country's economic landscape. This analysis illustrates that energy, being the key driver behind its large current account deficit, represents a major point of vulnerability for the country. On this basis, the paper illustrates Turkey's energy matrix, an analysis that outlines the rising role of gas in the country's energy sector, both under the internal (i.e. growing share of the mix) and external (i.e. the country's potential role as regional gas hub) points of view. Finally, these issues are discussed with the aim of assessing the prospects for Turkey to turn gas into a geopolitical and economic asset for the country.

Suggested Citation

  • Simone Tagliapietra, 2016. "The Changing Dynamics of Energy in Turkey," Working Papers 2016.78, Fondazione Eni Enrico Mattei.
    • Handle: RePEc:fem:femwpa:2016.78
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    References listed on IDEAS

    as
    1. Manfred Hafner & Simone Tagliapietra, 2013. "Rethinking Global Natural Gas Markets: New Challenges and Opportunities Ahead," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, December.
    2. Hafner, Manfred & Tagliapietra, Simone, 2015. "Turkish Stream: What Strategy for Europe?," Energy: Resources and Markets 205910, Fondazione Eni Enrico Mattei (FEEM).
    3. Manfred Hafner & Simone Tagliapietra, 2015. "Turkish Stream: What Strategy for Europe?," Working Papers 2015.50, Fondazione Eni Enrico Mattei.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Turkey; Energy Security; Gas; TANAP; TAP; TurkStream;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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