Current snapshot of the Turkish ESCO market

dc.contributor.authorOkay, Esin
dc.contributor.authorAkman, Uğur
dc.contributor.authorOkay, Nesrin
dc.date.accessioned2019-03-29T07:09:55Z
dc.date.available2019-03-29T07:09:55Z
dc.date.issued2013en_US
dc.departmentFakülteler, İşletme Fakültesi, Bankacılık ve Finans Bölümüen_US
dc.description.abstractTurkey's Energy Efficiency Law (EEL), enacted in 2007, had been expected to transform the energy policies in government and private sectors, and offer opportunities for, then-impending, Turkish Energy Service Company (ESCO) market. Yet, the communiqué of the EEL related to ESCOs was released only recently in July 2012. In this work, we review the current status of the ESCO market in Turkey. We provide an outlook through the recent legal communiqué and present barriers, enabling factors, and opportunities, supported by country's financial and economic facts. ESCO-financing mechanism prevailing and the sources of financing in the country are also mentioned. The communiqué on ESCOs fits well in the chain of regulatory attempts to increase Turkey's competitiveness in the global markets. However, we anticipate that some of its principles and procedures to be enforced may be deterrent for small-scale candidate ESCOs and may slow down the expected development of the Turkish ESCO market. Otherwise, the communiqué should lead restructuring of a stronger ESCO market in Turkey.en_US
dc.identifier.citationOkay, E., Okay, N., Akman, U., (2013), Current Snapshot of the Turkish ESCO Market (SSCI), Energy Policy, 60, 106-115en_US
dc.identifier.endpage115en_US
dc.identifier.scopus2-s2.0-84880327050en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage106en_US
dc.identifier.urihttps://hdl.handle.net/11467/2561
dc.identifier.volume60en_US
dc.identifier.wosWOS:000323530900011en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.relation.ispartofEnergy Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.titleCurrent snapshot of the Turkish ESCO marketen_US
dc.typeArticleen_US

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