Turkey: Electricity Prices In Turkey And The Market Liberalization
Last Updated: 20 August 2014
Article by Ceki Bilmen
The recent growth of the Turkish economy that had sprawled to the entire last decade gave birth to a new phenomenon of energy price hikes. The country's growing appetite for ever more energy supplies necessitates a coordinated action on the part of the regulatory authorities to make the energy prices to stay in a stable and predictable course. Especially the pricing mechanism should be based on a more liberal approach that would allow the changes in demand and supply to be reflected in energy prices. In order to ensure such an environment for the energy market to operate the Turkish authorities has taken the steps towards the liberalization of the energy market. The special emphasis was given to the electricity market.
More:Electricity Prices In Turkey And The Market Liberalization - Energy and Natural Resources - Turkey
