Energy Policies of IEA Countries

International Energy Agency

English
ISSN: 
1990-0082 (online)
ISSN: 
1021-3872 (print)
http://dx.doi.org/10.1787/19900082
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This series consists of two components. The first is an annual compilation by the International Energy Agency containing a broad analysis of recent trends and an easily accessible overview of energy policy during the last 12 months along with summaries of individual country reports done during the period. It also presents the major findings of the latest World Energy Outlook, key statistical information and brief summaries of major IEA publications released during the past year. The second component is the set of country reviews produced each year. IEA countries are on a five-year review cycle, which means that approximately five countries are reviewed in detail each year and published as part of the Energy Policies of IEA Countries series.

 
Energy Policies of IEA Countries: Turkey 2016

Energy Policies of IEA Countries: Turkey 2016 You do not have access to this content

International Energy Agency

English
Click to Access: 
    http://oecd.metastore.ingenta.com/content/6116291e.pdf
  • PDF
Author(s):
IEA
25 Oct 2016
Pages:
223
ISBN:
9789264266698 (PDF)
http://dx.doi.org/10.1787/9789264266698-en

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Since the last International Energy Agency (IEA) review of Turkey’s energy policies, the country’s reliance on natural gas use has grown along with rising oil and gas imports, leaving the Turkish economy increasingly exposed to the volatility in oil and gas prices. Turkey aims to promote sustainable economic growth - the IEA urges the government to set a longer term energy policy agenda for 2030. However, owing to declining global liquefied natural gas prices, Turkey now has an opportunity to reduce its single supplier dependence, build a competitive gas market, and move ahead with its plans to create a regional gas hub.

Turkey’s power sector reforms have attracted private investment and fostered economic growth and energy access. Integration into a regional gas and electricity trade framework is moving along as a result of the first interconnection of Turkey with the European electricity grid and the construction of the Trans-Anatolian Natural Gas Pipeline that will deliver gas from the Caspian to Turkey and the European Union.

In that context, the IEA urges Turkey to complete the liberalisation of its electricity and gas markets in order to attract critically needed investment. The review also notes that Turkey should set up independent transmission system operators, competitive wholesale markets, and foster resilient and modern gas and electricity infrastructure.

This review analyses the energy policy challenges facing Turkey and provides recommendations for further policy improvements. It is intended to help guide the country towards a more secure, sustainable and affordable energy future.

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