Publications
Through a variety of interlinked measures, Turkey’s energy reforms have achieved energy security for a fast-growing economy with rapidly increasing energy needs. These measures include legislation regarding electricity, gas, renewable energy, and energy efficiency; the establishment of an energy sector regulatory authority; energy price reform; the creation of a functional electricity market and large-scale introduction of natural gas; the restructuring of state-owned energy enterprises; and large-scale private sector participation through privatization and new investment. As a result, (a) an electricity market with over 800 participants has been developed, (b) from 2001 to 2014 over 30,000 megawatts (MW) of market-based, private-sector power generation capacity was commissioned; and (c) investors took over the entire power distribution system between 2008 and 2013.
The objectives of this review of Turkey’s milestones and challenges are to (a) inform future energy reforms and reformers seeking to learn and benefit from Turkey’s experience and (b) to contribute to the dialogue on future energy reforms in Turkey.
