More obstacles to the Growth of ESCOs in Turkey: Stumble in the midst of a financial distress

Basit Öğe Kaydı
dc.contributor.authorOkay, Esin
dc.date.accessioned2024-10-12T19:47:15Z
dc.date.available2024-10-12T19:47:15Z
dc.date.issued2019
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractSustainable and clean sources of energy is an issue of financial challenges for developing countries. Turkey has a considerable potential for a sustainable and cheap form of energy. As a developing country, Turkey implemented policies to improve renewables and energy efficiency in line with EU requirements. But there is incompetence of policy making and practice in which lack of familiarity with infrastructure investment and financing methods challenge renewable energy utilization in Turkey. The weak rule of law does not help to obtain culture, awareness, and consciousness of energy efficiency in Turkey. The enactment of raising awareness of energy saving projects and companies for reducing costs of energy efficiency should be the first priority of government. Beyond infrastructural problems, the key failure of ESCOs is lack of risk culture and poor risk management. Nowadays, the ongoing economic obstacles enhanced and ESCOs are facing financial distress and corporate debt restructuring which will affect the growth of energy savings in Turkey. © 2020, IGI Global. © 2020 by IGI Global.en_US
dc.identifier.doi10.4018/978-1-7998-1196-1.ch008
dc.identifier.endpage145en_US
dc.identifier.isbn978-179981198-5; 978-179981196-1
dc.identifier.scopus2-s2.0-85125432610en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage125en_US
dc.identifier.urihttps://doi.org/10.4018/978-1-7998-1196-1.ch008
dc.identifier.urihttps://hdl.handle.net/11467/8858
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherIGI Globalen_US
dc.relation.ispartofHandbook of Research on Creating Sustainable Value in the Global Economyen_US
dc.relation.publicationcategoryKitap Bölümü - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmzScopus_20241012en_US
dc.titleMore obstacles to the Growth of ESCOs in Turkey: Stumble in the midst of a financial distressen_US
dc.typeBook Chapteren_US

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