Net Zero 2053: The Socioeconomic Impact of Transitioning to Carbon-Free Energy in Türkiye

Net Zero 2053: The Socioeconomic Impact of Transitioning to Carbon-Free Energy in Türkiye

Achieving Türkiye’s 2053 net-zero carbon target requires a transformation not just of the energy system but also of industrial composition and modes of transportation. In February 2023, the SHURA Energy Transition Center published a roadmap for the decarbonization of Türkiye’s power sector entitled “Net Zero 2053: A Roadmap for Türkiye’s Power Sector”. The roadmap included the decarbonization of end-use sectors as well as their electrification, which is an essential component of achieving the net-zero target and is closely related to the planning of the power sector.

It is important to assess the socioeconomic impact of such a major shift in the energy system not only to compensate for any possible negative impacts but also to be able to implement the right policies to make the transition possible. Previous studies by SHURA and numerous international studies find that the overall impact of a low-carbon energy transition on gross domestic product (GDP) and total employment is generally small and positive. Nevertheless, it has been necessary to perform a more comprehensive analysis centered on Türkiye in light of its net-zero emissions target.

This study aims to quantify the impact of the net-zero power system transition on national income, employment, and industrial sectors in order to guide the necessary policy actions to maximize the benefits of the transition while minimizing or eliminating potential risks. It is intended as a tool for a more in-depth policy discussion of the relevant socioeconomic issues in order to enable a just transition.

October 2024

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