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| 1 |
ID:
116329
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| Publication |
2012.
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| Summary/Abstract |
Turkey's energy consumption is low compared to its young population. However, energy consumption is rapidly increasing as a result of economic growth in recent years, a trend which is expected to continue. Accordingly, guaranteeing adequate energy supply for its growing economy remains at the top of the governmental agenda. While energy consumption is increasing, Turkey is becoming increasingly dependent on fossil fuel imports, especially in oil and natural gas. Increasing awareness toward the environmental issues, energy prices and lack of diversification are the most immediate threats. All these are significant threats to Turkish energy security and thus have become a greater focus of attention. In response, Turkish energy policy is developing into a multi-dimensional one, considering the primary goals of securing energy supply and increasing the level of diversification and decreasing environmental effects. Accordingly, these considerations have tended to endorse renewable energy. Renewable energy resources are emerging as one of the most efficient, indigenous and effective solutions for clean and sustainable energy development in Turkey. Its geographical location allows extensive use of most types of renewable sources. This paper analyzes the current and possible future contribution of renewable energy in Turkish energy policy, considering supply security, diversification and environmental concerns.
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| 2 |
ID:
112896
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| Publication |
2012.
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| Summary/Abstract |
Turkey was among those countries which decided to increase its natural gas consumption in the 1990s, due to its relative low cost and lack of impact on the environment. However, a heavy dependence on imports, from Algeria, Qatar and Nigeria, respectively, creates a threat to energy security, both in terms of source and supply diversity. Accordingly, we follow an analytical approach to identify the accuracy of our assumption, considering the current economic, political and security risk. To this end, we formulate and solve a mixed integer programming model that determines the optimal sourcing strategy for Turkey's increasing LNG demand. This model demonstrates a number of alternative policy options for LNG supply. Furthermore, we consider that increasing the proportion of LNG in the overall gas supply will contribute to the aim of improving Turkey's level of energy security.
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