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The liberalization of the Turkish electricity sector: a simulation analysis
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index.pdf
Date
2003
Author
Bahçe, Serdal
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The Turkish Electricity System has gone through a liberalization process. This study aims to analyze the possible outcomes of this process by using a simulation framework. First, we look at the basics of new market design and focus on international evidence. Second, the theoretical and empirical literature about the liberalization of the electricity sector is reviewed. Then, the structure of our model, Turkish Electricity System Simulation Model (TESS), is summarized. In this model, it is assumed that a spot market is formed and all the agents in the sector operate in this market. Using this model, the effects of various factors, like industry structure, consumer participation and regulation, upon the performance of the spot market are analyzed. Moreover, in simulation case studies, uniform and a non-uniform pricing mechanisms are compared.
Subject Keywords
Electricity
,
Liberalism
,
Electric utilities
,
Electric power
,
Privatization
URI
http://etd.lib.metu.edu.tr/upload/2/632182/index.pdf
https://hdl.handle.net/11511/13930
Collections
Graduate School of Social Sciences, Thesis
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S. Bahçe, “The liberalization of the Turkish electricity sector: a simulation analysis ,” Ph.D. - Doctoral Program, Middle East Technical University, 2003.
