Clean energy transition in the Turkish power sector: A techno-economic analysis with a high-resolution power expansion model
Bora Kat
Utilities Policy, 2023, vol. 82, issue C
Abstract:
The Turkish power sector achieved rapid growth after the 1990s in line with economic growth and beyond. However, domestic resources did not support this development and therefore resulted in a high dependency on imported fossil fuels. Furthermore, the governments were slow off the mark in introducing policies for increasing the share of renewable energy. Even late actions of the governments, as well as significant decreases in the cost of wind and especially solar technologies, have recently brought the Turkish power sector into a promising state. A large-scale generation-expansion power-system model (TR-Power) with a high temporal resolution (hours) is developed for the Turkish power generation sector. Several scenarios were analyzed to assess their environmental and economic impacts. The results indicate that a transition to a low-carbon power grid with around half of the electricity demand satisfied by renewable resources over 25 years would be possible, with annual investments of 3.97–6.88 billion in 2019 US$. Moreover, TR-Power indicates that the shadow price of CO2 emissions in the power sector will be around 17.1 and 33.8 $/per tCO2 by 2042, under 30% and 40% emission reduction targets relative to the reference scenario.
Keywords: Generation expansion planning; Renewable energy; The Turkish power generation sector; Linear programming; Carbon pricing; High temporal resolution (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:82:y:2023:i:c:s0957178723000504
DOI: 10.1016/j.jup.2023.101538
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