Transforming Türkiye's Power System: an Assessment of Economic, Social, and External Impacts of an Energy Transition by 2030
Cleaner energy systems(2023)
Abstract
•Transforming Turkey's power system by 2030 requires doubling the business as usual investments.•Efficient and renewable power supply can reduce emissions by 29% compared to a business as usual by 2030.•The net benefit is estimated at 1.1% of GDP by 2030 with wage growth as the highest welfare impact.•A long-term policy vision, including a climate action plan can enable these benefits.
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Key words
Energy transition,Social and economic impacts,Transition benefits,Computable general equilibrium model
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