Failing Electricity Liberalisation in Türkiye

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Neoliberal Transformation of Electricity

Abstract

In this chapter, the stagnation phase (2016–2020) of the Turkish electricity liberalisation is analysed. The factors which created stagnation are examined from a structural power perspective with the purpose of finding their roots stemming from external and internal realms. Therefore, various factors from external economic, external political, internal economic and internal political realms are scrutinised with reference to the global power structures of finance, knowledge and energy, and it is observed that particularly domestic economic and political conditions made a preventive effect on further liberalisation, contrary to their strongly supportive character during the introduction phase. On the other hand, continuing supportive effects of the external economic and political factors were not enough to sustain the momentum of liberalisation.

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Notes

  1. 1.

    Data were compiled from the World Bank database.

  2. 2.

    Data were compiled from the European Investment Bank database.

  3. 3.

    Estimates belong to the development plans.

  4. 4.

    Data was compiled from the TEİAŞ database.

  5. 5.

    The capacity factor is the ratio of an actual electrical energy output over a given period of time to the maximum possible electrical energy output over that period.

  6. 6.

    This economically optimum reserve capacity may change according to structure of the installed power. If penetration of the renewable sources is higher, a higher reserve capacity may be needed.

  7. 7.

    Utility factor is theoretically assumed national average rate. Reserve Capacity is (Firm Generation Capacity/Gross Demand − 1) × 100.

  8. 8.

    The electricity price data were compiled from the EPİAŞ database, and the consumer price index data were compiled from the TÜİK database.

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Correspondence to Serhan Ünal .

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Ünal, S. (2023). Failing Electricity Liberalisation in Türkiye. In: Neoliberal Transformation of Electricity. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-99-0282-8_7

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  • DOI: https://doi.org/10.1007/978-981-99-0282-8_7

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  • Publisher Name: Palgrave Macmillan, Singapore

  • Print ISBN: 978-981-99-0281-1

  • Online ISBN: 978-981-99-0282-8

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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