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Feasibility analysis of Turkey-North Cyprus submarine electric interconnector cable including externalities

Rasheed, Ahmad
Heavy dependency of electrical industry on fossil fuels have led to overexploitation of natural resources, which causes emission of greenhouse gases and climatic change. This depletion urged the exploration of renewable energy resources and its integration in electric grid system, thus the current infrastructure of grid systems needs a transition towards renewable energy to make the most of it. Small islands and remote areas, which are highly depended on fossil fuels have a chance to reduce their carbon emission by connecting their electric grid systems to a mainland grid system, thus allowing them to explore their available renewable resources. Similarly, Turkish Republic of Northern Cyprus has an isolated electric power system. Being stretched on indigenous energy resources, the energy demands are solely met by imported fossil fuels that make the electricity price vulnerable by heavily depending on volatile oil price. On the other hand, Turkey’s geographical location makes it highly enriched in natural resources that decreases the reliance on imported fossil fuels. The idea of electrically interconnecting Northern Cyprus grid to that of Turkey’s has been proposed. Interconnecting North Cyprus electricity grid to a mainland will help exploring and relying on renewable energy resources of the northern part of island. Subsequently, the feasibility of submarine electric interconnector cable between Turkey and Northern Cyprus is theoretically analyzed and numerically evaluated based on economic and environmental aspects. Ultimately, a better option among the suggested scenarios is evaluated for further research.