 The sustainability of Turkish electricity distributors and last-resort electricity suppliers: What did transition from vertically integrated public monopoly to regulated competition with privatized and unbundled firms bring about?Fatih Cemil Ozbugday, Bilal Öğünlü and Hasan Alma Utilities Policy, 2016, vol. 39, issue C, 50-67 Abstract: The Turkish electricity distribution and electricity supply businesses have been substantial affected by the transition from a vertically integrated public monopoly model to a model of regulated competition with privatized and unbundled firms. We analyze how select elements of sustainability have been and will be affected by this transition. Specifically, we consider transparency of the electricity market as a whole and implications for electricity supply and distribution, the financial soundness of the electricity distribution industry, the quality of electricity delivered by the distributors, and the competitiveness of the electricity supply business. The key finding is that little if any progress toward sustainability has been achieved. We conclude that there remains much for policymakers to do to establish a sustainable market structure. Keywords: Sustainability; Transparency; Financial soundness; Quality of electricity distribution; Electricity supply competition; Turkey (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:39:y:2016:i:c:p:50-67 DOI: 10.1016/j.jup.2015.10.003 Access Statistics for this article Utilities Policy is currently edited by Beecher, Janice More articles in Utilities Policy from Elsevier |
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