Determining the Right Strategies for Turkey to Avoid an Energy Crisis During the Pandemic Process

Serhat Yüksel (), Hasan Dinçer, Çağatay Çağlayan, Dilan Kararoğlu and Duygu Yavuz
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Serhat Yüksel: İstanbul Medipol University
Hasan Dinçer: İstanbul Medipol University
Çağatay Çağlayan: İstanbul Medipol University
Dilan Kararoğlu: İstanbul Medipol University
Duygu Yavuz: İstanbul Medipol University

Chapter Chapter 7 in COVID-19 Pandemic and Global Inequality, 2023, pp 105-116 from Springer

Abstract: Abstract This study aims to make an evaluation of Turkey with the aim of understanding key issues to cope with the energy crisis effectively in the pandemic period. For this purpose, seven different criteria are identified by making a comprehensive literature evaluation. While evaluating these factors, DEMATEL methodology is taken into consideration. It is identified that nuclear energy investments play a crucial role in the effective management of energy crises in a pandemic period. Similarly, renewable energy investments are also essential for this purpose. On the other side, ensuring high efficiency in energy production has the third highest weight. It would be appropriate for Turkey to focus on nuclear energy and renewable energy investments to fight the energy crisis more successfully during the pandemic period. As can be understood from these results, it is vital for Turkey to produce its own energy. In this way, Turkey will not be dependent on other countries for energy. It is understood that the most correct solution proposal for Turkey in an international energy crisis is national energy-related policies. Therefore, nuclear energy investments need to be increased urgently. In this context, it would be appropriate to carry out joint projects with countries that have serious experience in nuclear energy, especially Russia, France and China. On the other hand, it is very important to take necessary measures to increase renewable energy investments in the country. In this context, necessary incentives should be given to renewable energy investors by the government. Within this framework, necessary incentives should be given to renewable energy investors by the government. Renewable energy investments should become attractive thanks to some advantages such as tax reductions.

Keywords: Pandemics; Energy crisis; Energy investments; Nuclear energy; Strategy; DEMATEL (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-4405-7_7

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DOI: 10.1007/978-981-99-4405-7_7

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