Reforming Turkish Energy Markets

Author : Izak Atiyas,Tamer Cetin,Gurcan Gulen
Publisher : Springer Science & Business Media
Page : 185 pages
File Size : 43,8 Mb
Release : 2012-05-11
Category : Business & Economics
ISBN : 9781461402909

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Reforming Turkish Energy Markets by Izak Atiyas,Tamer Cetin,Gurcan Gulen Pdf

Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured electricity and natural gas markets, establishing an independent regulatory agency (EMRA) and passed legislation on renewable and nuclear energy. With these regulatory reforms, Turkey, as a candidate country for accession to the European Union (EU), has aimed to direct the energy markets to a more competitive environment in parallel with EU energy directives. This book contains an analysis of regulatory reforms in Turkish energy markets (electricity, natural gas, renewable and nuclear energy), the impact of these reforms on country’s energy portfolio and role in global energy trade, especially between the EU, the Caspian, Caucasus, and Central Asia. Finally, the book concludes with recommendations for Turkish energy policy. The authors are expert scholars who have written extensively on Turkish regulatory reform and energy economics and who have broad knowledge of global energy market dynamics. The book will be a unique guide for those concerned with the different areas of the Turkish economy and international audiences interested in energy markets of Turkey and surrounding regions, making the book of interest to not only researchers in academia but also industry practitioners, regulators and policy makers as well.

Author : Onur Demir
Publisher : Springer Nature
Page : 277 pages
File Size : 41,5 Mb
Release : 2020-03-21
Category : Business & Economics
ISBN : 9789811520273

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Liberalisation of Natural Gas Markets by Onur Demir Pdf

This book investigates the overall natural gas reform performance of Turkey, addressing both shortfalls and setbacks that have prevented Turkey from the fulfillment of the regulatory implementation since 2001, and how the prospectively liberalised natural gas market can effectively operate at all levels. Although eighteen years have passed since the introduction of the first legislation as a basis for a more liberalised Turkish natural gas market, the completion of the reform process still suffers from a lack of enforcement. The book offers recommendations to address this, the main one being that policy makers should give due consideration to the consolidation of EMRA’s independent role with appropriate safeguards laid out to prevent attempts of regulatory misuse. The book concludes by suggesting that there is a compelling need to move forward with a consolidated reform sooner rather than later if Turkey genuinely wishes to take a leadership position in the race to become an efficient gas hub and be part of Europe’s single energy market.

Author : Angelo Arcuri
Publisher : Springer Science & Business Media
Page : 62 pages
File Size : 49,9 Mb
Release : 2013-05-14
Category : Business & Economics
ISBN : 9783319004310

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The Rise of a New Superpower by Angelo Arcuri Pdf

The book explains the reasons for the recent economic success of Turkey by examining the transformation of the private sector and the development policies implemented by the Turkish government. Further concrete insights are provided by professionals working for institutional and business players such as SACE, the first Italian insurance group in the field of export credit, and ABIGEM, a business center supporting SMEs in Turkey. Turkish Airlines, winner of the Best Airline in Europe award in 2012, also contributed to the volume through useful information provided by its press office. Turkey’s strategic role in the energy market is then analyzed, with discussion of the limits and opportunities of the oil, gas, and renewable sectors. In addition, careful attention is paid to the difficult relations between Turkey and the European Union and to Turkey’s application for EU membership. Turkey is one of the most important emerging countries in the world thanks to the booming economic growth that has been achieved there during the past decade. This book analyzes the increasingly key role played by Turkey within the international community by focusing on two main issues: the economic scenario and the energy market.​

Author : Anonim
Publisher : OECD Publishing
Page : 324 pages
File Size : 41,6 Mb
Release : 1999
Category : Electronic
ISBN : 8210379456XXX

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OECD Reviews of Regulatory Reform by Anonim Pdf

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 119 pages
File Size : 44,8 Mb
Release : 2013-01-28
Category : Business & Economics
ISBN : 9781498342407

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Case Studies on Energy Subsidy Reform—Lessons and Implications - Supplement by International Monetary Fund. Fiscal Affairs Dept. Pdf

This supplement presents country case studies reviewing energy subsidy reform experiences, which are the basis for the reform lessons identified in the main paper. The selection of countries for the case studies reflects the availability of data and of previously documented evidence on country-specific reforms. The 22 country case studies were also chosen to provide cases from all regions and a mix of outcomes from reform. The studies cover 19 countries, including seven from sub-Saharan Africa, two in developing Asia, three in the Middle East and North Africa, four in Latin America and the Caribbean, and three in Central and Eastern Europe and the CIS. The case studies are organized by energy product, with 14 studies of the reform of petroleum product subsidies, seven studies of the reform of electricity subsidies, and a case study of subsidy reform for coal. The larger number of studies on fuel subsidies reflects the wider availability of data and past studies for these reforms. The structure of each case study is similar, with each one providing the context of the reform and a description of the reforms; discussion of the impact of the reform on energy prices or subsidies and its success or failure; mitigating measures that were implemented in an attempt to generate public support for the reform and offset adverse effects on the poor; and, finally, identification of lessons for designing reforms.

Author : Maria Vagliasindi,John Besant-Jones
Publisher : World Bank Publications
Page : 393 pages
File Size : 48,9 Mb
Release : 2013-03-28
Category : Business & Economics
ISBN : 9780821395578

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Power Market Structure by Maria Vagliasindi,John Besant-Jones Pdf

This study proposes a novel analytical approach for modeling market structures of the power sector, presenting evidence from statistical analysis and a sample of twenty case studies.

Author : Han Phoumin,Farhad Taghizadeh-hesary,Fukunari Kimura,Rabindra Nepal
Publisher : World Scientific
Page : 326 pages
File Size : 40,6 Mb
Release : 2023-04-25
Category : Business & Economics
ISBN : 9789811270598

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Electricity Market Reforms In The Asean, China, India, And Japan by Han Phoumin,Farhad Taghizadeh-hesary,Fukunari Kimura,Rabindra Nepal Pdf

The electricity sector's reforms aim to modernise its infrastructure, rules, policies, and procedures to allow for more efficiency and for clean energy to have the same playing field in the power competition/wholesale/retail electricity market. This will enable inefficient power to be phased out gradually. Over the past 2 decades, there has been remarkable progress in the Association of Southeast Asian Nations (ASEAN) electricity markets that has increased the electrification ratio substantially; however, it has not achieved free market competition, universal electrification, and emission reduction plans. ASEAN aims to achieve universal access to electricity by 2030.Electricity Market Reforms in ASEAN, China, India, and Japan provides 10 empirical studies investigating and evaluating the electricity market reforms in Southeast Asia, China, India, and Japan. The book analyses the electricity market policy reform plans, market liberalisation, tariff reform, electricity trade, renewable energy integration, resource allocation, and the sustainability of the electricity market in the region and these countries. It provides policy recommendations to foster the reforms and increase market efficiency.

Author : Maria Vagliasindi
Publisher : World Bank Publications
Page : 348 pages
File Size : 50,7 Mb
Release : 2012-11-01
Category : Business & Economics
ISBN : 9780821395622

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Implementing Energy Subsidy Reforms by Maria Vagliasindi Pdf

Poorly implemented energy subsidies are economically costly to taxpayers and damage the environment. This book aims to provide lessons from a sample of twenty case studies to help policymakers address implementation challenges and overcome political economy and affordability constraints.

Author : Mr.Benedict J. Clements,Mr.David Coady,Ms.Stefania Fabrizio,Mr.Sanjeev Gupta,Mr.Trevor Serge Coleridge Alleyne,Mr.Carlo A Sdralevich
Publisher : International Monetary Fund
Page : 390 pages
File Size : 41,8 Mb
Release : 2013-09-13
Category : Business & Economics
ISBN : 9781484339169

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Energy Subsidy Reform by Mr.Benedict J. Clements,Mr.David Coady,Ms.Stefania Fabrizio,Mr.Sanjeev Gupta,Mr.Trevor Serge Coleridge Alleyne,Mr.Carlo A Sdralevich Pdf

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Author : Ezgi B. Ünsal
Publisher : BRILL
Page : 293 pages
File Size : 51,7 Mb
Release : 2021-07-05
Category : Social Science
ISBN : 9789004462113

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Constructing Change: A Political Economy of Housing and Electricity Provision in Turkey by Ezgi B. Ünsal Pdf

In Constructing Change, Ezgi B. Unsal explores the commodification of social provision as a defining feature of modern world economy, by using the case studies of electricity and housing provision in Turkey.

Author : Muzaffer Eroğlu,Matthias Finger
Publisher : Springer Nature
Page : 532 pages
File Size : 45,6 Mb
Release : 2022-01-01
Category : Science
ISBN : 9783030817206

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The Regulation of Turkish Network Industries by Muzaffer Eroğlu,Matthias Finger Pdf

This book brings together academics and experts on Turkish network industries. It provides fundamental information on the current developments regarding regulation of the different network industries in Turkey. Turkey has gone through a liberalization process in most of the network industries during the past 20 years. In most of them, independent regulatory authorities have been established, but some network industries are still remaining under the central or local government regulatory regime. As a result, there is now a very complicated regulatory regime in place which makes Turkey’s regulatory system difficult to understand for practitioners, academics, lawyers, researchers and investors. This book offers unique insight into Turkey’s regulatory regime in various network industries. It also offers a historical background to regulation, a description of the current regulatory regimes, as well as an analysis of the foreseeable evolutions. The book covers all the important network industries in Turkey. No similar book is available on the market to date. Moreover, the book provides an extensive analysis of the current regulatory regimes in the energy, the transport, and the telecommunications industries. This book should be of interest to anyone wishing to understand Turkish regulation and will be very helpful handbook to researchers who are interested in regulation of network industries not only in Turkey but also in other developing countries, as Turkey is quite representative of other emerging countries. Readers will acquire a thorough understanding of the state of play of the Turkish network industries and their regulation.

Author : Fikret Adaman,Bengi Akbulut,Murat Arsel
Publisher : Bloomsbury Publishing
Page : 288 pages
File Size : 52,5 Mb
Release : 2017-05-30
Category : Business & Economics
ISBN : 9781786732095

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Neoliberal Turkey and its Discontents by Fikret Adaman,Bengi Akbulut,Murat Arsel Pdf

The 'neoliberal' economic policy of President Recep Tayyip Erdogan's AKP Party, which has delivered extraordinary growth in Turkish GDP over the last decade, has been one of the foundations of the party's popular appeal. Here, a group of experts on Turkish political economy show how these policies have also had a detrimental impact on the environment, sustainability and the long-term health of the Turkish economy. Taking the two main sectors of growth during the past decade-energy and construction-as its primary focus, the book engages broadly with the political economy of inequality and sustainability in contemporary Turkey. Ultimately, the authors argue that 'environmental conflicts' in Turkey are not merely about the environment but intersect with contemporary politics of religion, ethnicity, gender, and class within the context of top-down, modernising economic development. Neoliberal Turkey and its Discontents marks an important contribution to debates around the economic growth of Turkey and the future of the AKP's long-term economic plan.

Author : Serhan Ünal
Publisher : Springer Nature
Page : 237 pages
File Size : 53,5 Mb
Release : 2023-05-02
Category : Business & Economics
ISBN : 9789819902828

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Neoliberal Transformation of Electricity by Serhan Ünal Pdf

This book makes a structural analysis of the neoliberal restructuring in the global electricity industry. The book shows that the electricity liberalisation in different countries is just a reflection of the same structural trend in the global economy and avoids from both narrow country-specific and abstract global approaches by making a structural analysis completed by a case study. Thus, it aims reaching wider conclusions about how global changes in finance and ideology / knowledge structures influence domestic energy and economic policy preferences of developing countries. The book develops a taxonomy about organising principles around which the electricity industry has been structured historically and globally, and reveals drivers of change which influences the current energy transition in the electricity sector. Combining these aspects, the book uses financial and other economic data empirically, to shed light on the structural role of global transformation of the electricity markets on the domestic energy policy preferences of the developing countries. Thus, this work will be useful not only for academic purposes, but also for practitioners dealing with these issues.

Author : Vedat Yorucu,Ozay Mehmet
Publisher : Springer
Page : 146 pages
File Size : 53,6 Mb
Release : 2017-10-03
Category : Business & Economics
ISBN : 9783319636368

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The Southern Energy Corridor: Turkey's Role in European Energy Security by Vedat Yorucu,Ozay Mehmet Pdf

This book highlights the importance of Turkey in diversifying supplies in future European energy security, focusing in particular on the rapidly emerging southern energy corridor. Turkey, by its location, occupies a key role in this corridor, fed by hydrocarbon supplies from Russian, Caspian, east Mediterranean and Arab sources. The book examines Turkey's role as a transit country (in addition to its own growing domestic energy market) and it utilizes the latest evidence on the geopolitics of various pipelines which convergence on Turkey. The evidence, including maps, strongly favor Turkey as an energy hub within a regional energy model driven by rational behavior and market forces. The book recommends an increasing strategic energy cooperation between the EU and Turkey to maximize mutual interest.

Author : Haluk Haksal
Publisher : Vernon Press
Page : 486 pages
File Size : 43,7 Mb
Release : 2019-03-28
Category : Business & Economics
ISBN : 9781622736539

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Financial reforms, stabilization and development in 21st-century Turkey by Haluk Haksal Pdf

The central argument of this book is that while central bank independence can contribute to stabilization, inflation-targeting monetary policy is quite powerless in promoting economic development. The basic message is simple: Policy makers should not strive to achieve price stability at any cost, as stability in product markets does not necessarily translate into economic development. The recent experience of Turkey is illuminating and other developing countries, in particular those using inflation targeting monetary policy framework, can draw useful lessons from this experience. Early chapters summarize the deregulation process from 1980 to 2001. The Turkish Central Bank is placed at the center of the analysis as monetary policies have a significant impact both on stability and development. Although the 1994 and 2001 financial crises have been extensively studied elsewhere, they are nevertheless summarized to underscore the importance of central bank independence. Later chapters investigate the impact of an independent central bank on stabilization and development from 2001 onwards. Upon visiting the Turkish Central Bank's website, readers are greeted with the following statement: "The primary objective of the Bank is to achieve and maintain price stability." By the end of this book the reader should be able to assess the relative merits of a monetary policy that focuses on price stability, versus an alternative where price stability is accompanied by other objectives targeting development, for instance, monitoring also unemployment rates, which would undermine its independence to some degree. The study aims to provide a perspective on the need for such an alternative in line also with the vision of some international agencies on development, such as the UNCTAD and the ILO. This is the first book-length study examining the financial reforms Turkey undertook in its path towards EU accession. This unique work will be of interest to economists and other experts in financial history, (de)regulation, institutional economics and economic development, as well as a broad range of scholars interested in the dramatic transformation of Turkey's economy and society in the 21st century.