International Congress on Eurasian Economies
26-28 June 2024 – Bishkek, KYRGYZSTAN
Paper properties
Paper ID : 2917
Status : Paper accepted
Language : Turkish
Topic : Natural Resources and Environment
Presenter: Prof. Dr. Cevat Gerni
Session : 2B Çevre ekonomisi
Studies on The Negative Effects of Non-Renewable Energy During the Transition to Renewable Energy Conversion in Türkiye
Türkiye’de Yenilenebilir Enerjiye Yönelimde Yenilenemez Enerjideki Olumsuzluklarin Etkileri Üzerine Incelemeler
- Prof. Dr. Cevat Gerni (Istanbul Beykent University, Türkiye)
- Prof. Dr. Selahattin Sarı (Doğuş University, Türkiye)
- Mrs. Nesibe Demir Bingöl (Atatürk University, Türkiye)
- Prof. Dr. Ömer Selçuk Emsen (Atatürk University, Türkiye)
Abstract
In parallel with the increasing energy demand in daily life, the increases in fossil energy prices and the environmental pollution caused by this energy have triggered the search for alternatives to fossil fuels and thus the tendency towards renewable energy. Türkiye, a poor country in terms of non-renewable energy, is also in search of alternative energy. In the face of the deepening foreign trade deficit due to increases in oil prices and the problem of environmental pollution caused by fossil fuels, the tendency towards renewable energy other than hydraulics has increased, especially in recent times. While investigating the effects of pollution and oil prices on renewable energy for the period between 1995 and 2022, the share of energy imports in total imports and income per capita variables were taken as control variables. Thus, whether the search for substitution or the search for avoiding pollution is more effective in the Turkish economy in the trend towards renewable energy has been examined. The existence of a long-term relationship was confirmed in the cointegration tests. As a result of causality tests, it was seen that income and oil prices had an impact on renewable energy. Therefore, it is not the pollution motif that is thought to be specific to development in the orientation towards alternative energy; It has been determined that the motif of reducing foreign dependency is effective in Türkiye.
JEL codes: C32, F65, Q42
