Demand side response program for more sustainable electricity market: a case study of Türkiye

Aysegul Yalçınkaya (), Ahmet Feyzioglu (), Cihat Boyraz (), Huseyin Haliloglu (), Donatella Santoro () and Leonardo Piccinetti ()
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Aysegul Yalçınkaya: Marmara University, Turkey
Ahmet Feyzioglu: Marmara University, Turkey
Cihat Boyraz: Marmara University, Turkey
Huseyin Haliloglu: Marmara University, Turkey
Donatella Santoro: Rete Europea dell'Innovazione (REDINN), Italy
Leonardo Piccinetti: Sustainabile Innovation Technology Services Ltd, Ireland

Insights into Regional Development, 2024, vol. 6, issue 1, 11-22

Abstract: This study aims to examine Demand Side Response (DSR) programs, where the consumer side actively participates, to determine the most competitive, transparent, flexible, and suitable program for the structure of the Türkiye electricity market. The objective is to select one of the Demand Side Response (DSR) programs, using mathematical methods, that can provide the most effective response to Türkiye's increasing energy demand and present a market-specific proposal. The limited energy resources, losses in transmission, and environmental problems collectively drive the direction toward more efficient and economical energy use on the demand side (Benek Arslan, 2021). Therefore, various pricing programs and tariff strategies are implemented to regulate and balance demand (Özpınar, 2021). One of these pricing and tariff programs is the Demand Side Response (DSR) program, where consumption is reduced against fluctuations in energy prices in the electricity market or in case of system constraints and security (Hasanova & Varbak, 2021). The main objective of DSR programs is to offer energy to consumers at more affordable prices while ensuring an uninterrupted and sustainable energy supply. These programs promote energy efficiency among consumers, encouraging energy conservation and contributing to more sustainable energy consumption (Acar, Yule Bennett, & Scott, 2021). In this study, firstly, general information about demand side response (DSR) implemented in electricity markets is presented. The method section includes the analysis of DSR programs. The study aims to minimize the high prices in the market, system security, and transmission constraints by selecting one of the DSR programs and to encourage conscious consumption by managing energy consumption on the consumer side.

Keywords: electricity market; Turkey; demand side response; demand side response programs; multi-criteria decision making; sustainability; energy pricing; economic development (search for similar items in EconPapers)
JEL-codes: Q10 Q20 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouird:v:6:y:2024:i:1:p:11-22

DOI: 10.9770/ird.2024.6.1(1)

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