Demand forecast for road transportation fuels including gasoline, diesel, LPG, bioethanol and biodiesel for Turkey between 2013 and 2023

Mehmet Melikoglu

Renewable Energy, 2014, vol. 64, issue C, 164-171

Abstract: In Turkey, more than 90% of passengers and goods are transported by roads. In order to flow this immense traffic nearly 2.7 million m3 of gasoline, 11.5 million m3 of diesel, and 5.2 million m3 of liquefied petroleum gas (LPG) was consumed in 2011. Starting from 2013, Turkey plans to blend biofuels to gasoline and diesel gradually reaching to 10% (volume) by 2020. Turkey's economy has been growing at unprecedented rates since 2003. As a result, both diesel and LPG consumption reached to record levels. Yet, gasoline demand decreased almost linearly in the same period. Accordingly, forecasting road transportation fuel demand becomes more difficult and yet more important than ever before. Gasoline, diesel, LPG, bioethanol and biodiesel demand has been forecast for the first time in this study using semi-empirical models in the view of Turkey's Vision 2023 goals, Energy Market Regulatory Authority targets, and European Union directives. The models suggested that in 2023, annual gasoline consumption in Turkey could decrease below 2.0 million m3, whereas, diesel and LPG consumption could rise to 16.4 and 8.8 million m3, respectively. Consequently, 0.3 million m3 of bioethanol and 1.4 million m3 biodiesel could be required to fulfil the official targets in 2023.

Keywords: Biodiesel; Bioethanol; Demand forecasting; Diesel; Gasoline; LPG (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:64:y:2014:i:c:p:164-171

DOI: 10.1016/j.renene.2013.11.009

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