Evaluating the impacts of renewable energy action plans: A synthetic control approach to the Turkish case.

Energy transition Impact assessment Synthetic control

Journal

Heliyon
ISSN: 2405-8440
Titre abrégé: Heliyon
Pays: England
ID NLM: 101672560

Informations de publication

Date de publication:
29 Feb 2024
Historique:
received: 17 04 2023
revised: 16 08 2023
accepted: 05 02 2024
medline: 22 2 2024
pubmed: 22 2 2024
entrez: 22 2 2024
Statut: epublish

Résumé

This paper evaluates the impact of the National Renewable Energy Action Plans (NREAP) that was prepared under the (2009/28/EC) Directive of the European Commission by using Türkiye as a case study. We aimed to reveal the causal impacts of the plan on renewable energy generation based on different technologies such as hydro, wind, and solar, along with the impacts on greenhouse gas emissions. To do this, we used the synthetic control method. The study's outcome indicates that NREAP has served as a promising treatment policy for Türkiye's deployment of renewable energy potential. The total treatment effect is 14%, mainly driven by increases in solar and wind shares, while no significant impact was observed on the hydro share of electricity. Moreover, our analysis found no treatment effect on greenhouse gas emissions, and placebo tests supported the robustness of these results. The analysis did not reveal any evidence of a treatment effect on greenhouse gas emissions.

Identifiants

pubmed: 38384503
doi: 10.1016/j.heliyon.2024.e25902
pii: S2405-8440(24)01933-9
pmc: PMC10878918
doi:

Types de publication

Journal Article

Langues

eng

Pagination

e25902

Informations de copyright

© 2024 The Authors. Published by Elsevier Ltd.

Déclaration de conflit d'intérêts

The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.

Auteurs

Ozgur Bayram Soylu (OB)

Department of Economics, Kocaeli University, Kocaeli, Turkey.

Meryem Turel (M)

Department of Economics, Kocaeli University, Kocaeli, Turkey.

Daniel Balsalobre-Lorente (D)

Department of Applied economics I, University of Castilla-La Mancha, Cuenca, Spain.
UNEC Research Methods Application Center, Azerbaijan State University of Economics (UNEC), Istiqlaliyyat Str. 6, Baku, 1001, Azerbaijan.

Magdalena Radulescu (M)

Department of Finance, Accounting and Economics, National University of Science and Technology Politehnica Bucharest, Pitesti University Center, 110040, Pitesti, Romania.
UNEC Research Methods Application Center, Azerbaijan State University of Economics (UNEC), Istiqlaliyyat Str. 6, Baku, 1001, Azerbaijan.

Classifications MeSH