Chapter 1

Institutional Change, I. The, T. Markets, Tamer Četin
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Abstract

By enacting the Electricity Market Law in February 2001 and the Natural Gas Market Law in May 2001, respectively, Turkey began reforming the institutional environment of the Turkish energy industry. The aim was to unbundle the state-owned monopolistic structures of the markets by separating vertically. The new legal structure has de jure changed the pre-reform institutional structure of the energy markets. In other words, the legal change has aimed to introduce competition to the Turkish energy industry. In order to ensure this objective, as an independent regulatory agency with full regulatory discretions over both the electricity market and the natural gas market, Energy Market Regulatory Authority (EMRA) was established. In this context, the chapter aims to review the process of institutional change and to assess the current institutional issues in the energy markets of Turkey.
第一章
通过分别于2001年2月颁布《电力市场法》和2001年5月颁布《天然气市场法》,土耳其开始改革其能源行业的制度环境。其目的是通过垂直分离来解除市场的国有垄断结构。新的法律结构在法律上改变了改革前能源市场的制度结构。换句话说,这项法律改革旨在为土耳其能源行业引入竞争。为了实现这一目标,能源市场监管局(EMRA)作为一个独立的监管机构,对电力市场和天然气市场都有充分的监管裁量权。在此背景下,本章旨在审查制度变革的过程,并评估土耳其能源市场当前的制度问题。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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