Abstract

Turkey's power demand is mainly met by fossil fuels. Turkey has recently focused on hydro power development to reduce carbon emissions and fuel imports. However, hydropower efficiency will decrease due to desertification. Turkey's wind power potential is not so high on a national scale. Also, solar farm capacity is almost non-existent though Turkey has a good insolation level. Here, we develop a model that considers various renewable resource options to meet long term demand while maximising the net present value of the power generation sector's investment returns. The results of this model indicate that the sector can be transformed into a sustainable one over the next two decades by directing the majority of new investments to solar power while also using the full potential of wind and hydro power. Renewable resource share can go up to 65% by 2040 and become economical both for the public and private sector.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.