Reforming the Energy Market and Utilization of Electrical Energy

The main objective of the present study is to provide an overview of reforming the Turkish energy market, including the electricity production and consumption values of Turkey and restructuring in the eight European Union countries. Turkey's electricity demand has been growing very rapidly. It has increased from about 47 TWh in 1990 to some 142 TWh in 2003, and it is expected to continue for the foreseeable future. Besides this, Turkey's total electricity capacity increased from 16,318 MW in 1990 to 31,846 MW in 2002. Restructuring of the electricity sector in the country has started with the establishment of the Energy Market Regulatory Authority (EMRA) upon the law (no. 4628) that came into force on March 3, 2001. The Energy Market Regulatory Board, which runs the EMRA, was commissioned on November 19, 2001. In May 2002, the EMRA issued drafts of the Energy Market Licensing Regulation and the Electricity Market Tariffs Regulation, and these regulations went into effect in August 2002. The Electricity Market Implementation Manual was also issued by the EMRA in April 2003. At present, not only the electricity sector, but the whole Turkish energy sector is in a dynamic change.

Keywords:

• electricity market
• power sector
• reforming of energy market
• restructuring of electricity sector
• electricity utilization
• Turkey

Notes

^a EU Directives (further on referred to as the IEM/IGM Directives).