{"id":36449,"date":"2019-01-01T22:23:07","date_gmt":"2019-01-01T19:23:07","guid":{"rendered":"https:\/\/shura.org.tr\/?p=36449"},"modified":"2024-12-25T15:10:11","modified_gmt":"2024-12-25T12:10:11","slug":"opportunities-to-strengthen-the-yeka-auction-model-for-enhancing-the-regulatory-framework-of-turkeys-power-system-transformation","status":"publish","type":"post","link":"https:\/\/shura.org.tr\/en\/opportunities-to-strengthen-the-yeka-auction-model-for-enhancing-the-regulatory-framework-of-turkeys-power-system-transformation\/","title":{"rendered":"Opportunities to strengthen the YEKA auction model for enhancing the regulatory framework of Turkey\u00b4s power system transformation"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_section pix_over_visibility=&#8221;&#8221;][vc_row pix_particles_check=&#8221;&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Turkey is on the verge of transitioning its energy system, and today\u2019s investment choices will determine tomorrow\u2019s energy landscape. Turkey\u2019s urgent policy priority is to reduce its current account deficit that is largely impacted by growing energy imports. Energy efficiency and local renewable energy resources have paramount importance in eliminating the dependency on imported gas and coal. To accelerate the adoption of local renewable energy resources, Turkey has implemented a mix of policy mechanisms.\r\n\r\nMost recently, in 2017, \u201cRenewable Energy Resource Areas\u201d (Yenilenebilir Enerji Kaynak Alan\u0131, YEKA) auctions were introduced. YEKA auctions resemble the well-known market-based \u201cauction\u201d policy mechanism that is being increasingly implemented worldwide. YEKA auction model is preceded and currently complemented by a portfolio of other policy mechanisms to accelerate renewable energy investments in Turkey. These policy mechanisms are the feed-in tariff mechanism and pre-licence auction model that have been used since 2005 and 2011, respectively.\r\n\r\nThis paper, prepared in close collaboration with Turkey\u2019s energy sector stakeholders, investigates in which areas and how YEKA auction design can be further developed. A trilateral approach was used for this purpose: (i) a comprehensive literature review was carried out to identify policy mechanisms for wind and solar PV installations in Turkey and a methodology to assess the performance of YEKA auctions; (ii) the gaps in Turkey\u2019s auction design elements were identified through a comparison of corresponding experiences in 29 other countries, based on a methodology that was developed for the European Commission; and (iii) stakeholder views and recommendations were collected through a survey based on assessment of individual components of YEKA auctions. This third step also involved the discussion of a preliminary draft of this report during the stakeholder consultation.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image source=&#8221;featured_image&#8221; img_size=&#8221;large&#8221;]<div class=\"d-block w-100 text-center\"><a  href=\"https:\/\/shura.org.tr\/wp-content\/uploads\/2024\/12\/Shura-2019-01-Opportunities_EN.pdf\" class=\"btn mb-2      btn-primary d-inline-flex align-items-center      pix-btn-div btn-md\" target=\"_blank\" rel=\"noopener\"    ><span class=\"font-weight-bold \" >Download Report<\/span><\/a><\/div>[vc_wp_text]\r\n<h4 style=\"text-align: center;\">January 2019<\/h4>\r\n[\/vc_wp_text][\/vc_column][\/vc_row][\/vc_section]<\/div>","protected":false},"excerpt":{"rendered":"[vc_section pix_over_visibility=&#8221;&#8221;][vc_row pix_particles_check=&#8221;&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_column_text]Turkey is on the verge of transitioning its energy system, and today\u2019s investment choices will determine tomorrow\u2019s energy landscape. Turkey\u2019s urgent policy priority is to reduce its current account deficit that is largely impacted by growing energy&#8230;","protected":false},"author":1,"featured_media":35393,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[65,64,66],"tags":[160],"class_list":["post-36449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy","category-power","category-reports","tag-rapor-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/posts\/36449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/comments?post=36449"}],"version-history":[{"count":0,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/posts\/36449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/media\/35393"}],"wp:attachment":[{"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/media?parent=36449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/categories?post=36449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shura.org.tr\/en\/wp-json\/wp\/v2\/tags?post=36449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}