Author
Devir, Kenan
Publication Date
2017
Subject
Electricity market, Security of supply, Capacity remuneration mechanisms
Type
Document
Language
Turkish
Digital
Yes
Manuscript
No
Library
Özyeğin University
Record ID
60558bb1-e10e-41f7-aca9-5fdf244c60fa
Library Location
Department of Public Law
Date
2017
Sample Text
The movements to restructure the electricity sector and open it to competition, which started in the world in the early 1980s, also affected our country's electricity sector. The main purpose of restructuring is; to increase the efficiency of the market. With the Electricity Market Law adopted in 2001, the privatization of the sector and reform movements gained great momentum, and the establishment of the Energy Market Regulatory and Supervisory Board, the privatization of production and distribution activities, and the start of the day-ahead market are important achievements. With the new Electricity Market Law adopted in 2013, very important steps were taken towards the structure and functioning of the market and the institutional structure. Significant progress has been made in the reform process with the establishment of EPİAŞ, regulations regarding the activities of intraday and derivative markets and the increase in the number of free consumers in the market. The biggest obstacles to the reform process are the failure to make new regulations that will ensure the adaptation of the structure and operating style of public institutions operating in the market to the market, and the fact that the build-operate-transfer, build-operate and operating-right-transfer contracts, which were made before the reform and negatively affected the market, were in force until 2018-2019. In addition, the inadequacy of developments towards the liberalization of the natural gas market, eligible consumer limits, technical and non-technical losses, the relationship between the regulatory authority and the competition authority, the establishment of policies regarding supply reliability, and disproportionate incentives provided to renewable energy, nuclear and coal power plants still constitute an obstacle to an electricity market capable of operating in accordance with the provisions of private law in a competitive environment. By eliminating market disruptions and removing competition barriers in the process, the way will be paved for the consumer to obtain electrical energy at low cost in a competitive market environment operating in accordance with the provisions of private law., Restructuring and opening for competition of the electricity sector that started all around the world in the early 1980s has also influenced the electricity sector of our country. The primary objective of said restructuring is to increase market efficiency. Electricity market law, which has been accepted in 2001, increased the momentum towards privatization of the sector and reforms that are being made. In addition to that this legislation also led to the establishment of Energy Market Regulation and Supervision Board, privatization of production and distribution activities and the start of the operation of the day-ahead market. With the new Electricity market law, which was accepted in 2013, important steps towards institutional structure and achieving well balanced structure and functioning in market have been taken. With the establishment of EPIAS, regulations regarding intra-daily and derivative markets and increase on the numbers of eligible consumers, significant progress has been made in the reform period. Major setbacks that got in the way of success on said reform period are structure and functioning of public institutions that are operating on the market and lack of regulations to ensure and enforce compliance of said structures and functions and negative effects of build-operate-transfer, build-operate, operate-right-transfer agreements, which have been made prior to any reform period, being in force until 2018-2019. In addition to these points, lack of progression for liberalization of natural gas market, eligible consumer limits, technical and non-technical losses, nature of relationship between regulatory body and competition authority, lack of policies on reliability of supply, disproportionately provided incentives to renewable energy, nuclear and coal power plants are an obstacle to achieving an electricity market that has the ability to operate according to private law provisions in a competitive environment. Elimination of market disruptions and competition obstacles in the process will pave the way for consumers to obtain electricity at low cost in a competitive market environment operating according to the provisions of private law.
