{"title":"土耳其可再生能源支持机制对太阳能投资影响的经济分析","authors":"Murat Erdem , Mert Gürtürk","doi":"10.1016/j.jup.2024.101862","DOIUrl":null,"url":null,"abstract":"<div><div>This analysis considers the effects of past and present renewable support mechanisms on solar energy investment in Turkey based on economic conditions. Changes in the costs of solar energy plants due to inflation over time, the effects of the formula coefficients presented, and the advantages/disadvantages compared to the previous program are presented. Due to current high interest rates and inflationary pressures, annual earnings from solar energy investments have been calculated to range from US$ 70,946 to US$ 138,893. The investment payback period varies between 6.2 and 12 years, while the total support amount is 122.59 cents (US$/kWh). We find that the economic policies have negatively affected the predictability and sustainability of solar energy investments. The results are relevant to policymakers and investors. Optimum energy policies are needed for sustainable energy development in Turkey and developing countries like Turkey.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"92 ","pages":"Article 101862"},"PeriodicalIF":3.8000,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Economic analysis of the impact of Turkey's renewable support mechanism on solar energy investment\",\"authors\":\"Murat Erdem , Mert Gürtürk\",\"doi\":\"10.1016/j.jup.2024.101862\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This analysis considers the effects of past and present renewable support mechanisms on solar energy investment in Turkey based on economic conditions. Changes in the costs of solar energy plants due to inflation over time, the effects of the formula coefficients presented, and the advantages/disadvantages compared to the previous program are presented. Due to current high interest rates and inflationary pressures, annual earnings from solar energy investments have been calculated to range from US$ 70,946 to US$ 138,893. The investment payback period varies between 6.2 and 12 years, while the total support amount is 122.59 cents (US$/kWh). We find that the economic policies have negatively affected the predictability and sustainability of solar energy investments. The results are relevant to policymakers and investors. Optimum energy policies are needed for sustainable energy development in Turkey and developing countries like Turkey.</div></div>\",\"PeriodicalId\":23554,\"journal\":{\"name\":\"Utilities Policy\",\"volume\":\"92 \",\"pages\":\"Article 101862\"},\"PeriodicalIF\":3.8000,\"publicationDate\":\"2024-11-26\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Utilities Policy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0957178724001565\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ENERGY & FUELS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Utilities Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0957178724001565","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
Economic analysis of the impact of Turkey's renewable support mechanism on solar energy investment
This analysis considers the effects of past and present renewable support mechanisms on solar energy investment in Turkey based on economic conditions. Changes in the costs of solar energy plants due to inflation over time, the effects of the formula coefficients presented, and the advantages/disadvantages compared to the previous program are presented. Due to current high interest rates and inflationary pressures, annual earnings from solar energy investments have been calculated to range from US$ 70,946 to US$ 138,893. The investment payback period varies between 6.2 and 12 years, while the total support amount is 122.59 cents (US$/kWh). We find that the economic policies have negatively affected the predictability and sustainability of solar energy investments. The results are relevant to policymakers and investors. Optimum energy policies are needed for sustainable energy development in Turkey and developing countries like Turkey.
期刊介绍:
Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services.
Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.