Incentive policies for coal plants in Turkey
Hasan Yıldızhan
Abstract
Open-access reader
Hasan Yıldızhan
Abstract
Open-access reader
Turkey need for electricity increases constantly because of its developing economy. So it applies to incentives to find solution to the problem of scarcity of electricity. Building plants using coal gets the greatest support from the state in Turkey. Electricity production with coal in Turkey increases faster than the other sources due to the incentive policies at place. On the other hand, coal compared with other fossil fuel is also the most abundant and most widely used fossil fuel in the world. According to the International Energy Agency data, building plants using coal is in the lead. In addition, it is foreseen that building plants using coal will be the major way of producing electricity although many other materials started to be used in the production of electricity. The aim of this study is to evaluate the incentive policies Turkey has in regards to coal plants and to offer policies.
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Turkey need for electricity increases constantly because of its developing economy. So it applies to incentives to find solution to the problem of scarcity of electricity. Building plants using coal gets the greatest support from the state in Turkey. Electricity production with coal in Turkey increases faster than the other sources due to the incentive policies at place. On the other hand, coal compared with other fossil fuel is also the most abundant and most widely used fossil fuel in the world. According to the International Energy Agency data, building plants using coal is in the lead. In addition, it is foreseen that building plants using coal will be the major way of producing electricity although many other materials started to be used in the production of electricity. The aim of this study is to evaluate the incentive policies Turkey has in regards to coal plants and to offer policies.
Key concepts: Incentive, Coal, Electricity, Scarcity, Fossil fuel, Natural resource economics, Business, Electricity generation