THE ROLE OF LICENSE-EXEMPT EXCESS ELECTRICITY GENERATION IN TÜRKİYE’S ECONOMIC GROWTH

Date

2024-7

Author

YILMAZ, ELİF DİLEK

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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Türkiye, with ample sunlight, wind and hydroelectric resources, and well-suited for the development of renewable energy projects due to its geographic and climate characteristics, aims to enhance its installed capacity by increasing the proportion of electricity generated from renewable resources. The unique model of license-exempt electricity generation, primarily employed by renewable power plants, presents investors with the opportunity to generate electricity for their self-consumption needs without obtaining a generation license and to sell excess electricity to the authorized supply company, subject to certain constraints. This study explores the relationship between license-exempt excess electricity generation and economic growth. Utilizing data from 81 cities in Türkiye over the period 2015-2021, we employ the System GMM method to estimate the empirical model. The findings reveal a statistically significant positive impact of license-exempt excess electricity generation on economic growth.

Subject Keywords

License-exempt electricity generation, Energy, Growth, System GMM

URI

https://hdl.handle.net/11511/110123

Collections

Graduate School of Social Sciences, Thesis