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

Soylu Ö. B., Türel M., Balsalobre-Lorente D., Radulescu M.

HELIYON, cilt.10, sa.4, 2024 (SCI-Expanded) identifier identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 10 Sayı: 4
  • Basım Tarihi: 2024
  • Doi Numarası: 10.1016/j.heliyon.2024.e25902
  • Dergi Adı: HELIYON
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, CAB Abstracts, Food Science & Technology Abstracts, Veterinary Science Database, Directory of Open Access Journals
  • Anahtar Kelimeler: Energy transition, Impact assessment, Synthetic control
  • Kocaeli Üniversitesi Adresli: Evet

Özet

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 Turkiye 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 Turkiye'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.