Türkiye'de Yenilenebilir Enerji Tüketimini Etkileyen Faktörlerinin MARS Metodolojisi İle Belirlenmesi

Abstract

The aim of this study is to determine the factors affecting the renewable energy consumption in Turkey. In this context, firstly, similar studies in the literature have been examined. As a result of the investigation, 11 different variables have been identified that may affect the use of renewable energy. Annual data of the mentioned variables in the period of 1990-2018 are taken into consideration. On the other hand, MARS method is used in the analysis process of the study. As a result, it has been determined that renewable energy use increases when the population in the country goes up. As can be seen from here, with the increasing population, the demand for energy has also increased. As a result, renewable energy has started to be used more. In addition, it is also determined that the increase in natural gas prices leads to higher consumption of renewable energy. In the event that natural gas becomes more expensive, it is understood that people are turning to other alternatives. The loan amount in the country is another factor that has an impact on renewable energy consumption. In case the loan amount exceeds a certain rate, it is seen that these loans are concentrated on non-renewable energy sources. In addition, it has been determined that there is a negative relationship between carbon emissions in the country and renewable energy use. It can be understood that renewable energy usage can be increased mainly because of the obligatory reasons, such as higher demand for energy and natural gas prices increase. This indicates that no sufficient consciousness is formed in Turkey for renewable energy. Therefore, it is important to provide the necessary incentives such as tax advantage by the state to make renewable energy use more attractive.

The Positive Influences of Renewable Energy Consumption on Financial Development and Economic Growth

“…In addition, the results revealed absence of link between renewable energy consumption and economic growth and between renewable energy consumption and trade in short run. Yüksel and Ubay (2020) aimed to find the leading indicators of renewable energy consumption. It is identified that increase in natural gas prices leads to higher consumption of renewable energy.…”

The Russian Federation's renewable energy development determinants: evidence from empirical research

“…According to Kahia et al (2016), there is a short-term negative association between RE and non-RE use, confirming the bidirectional causality that demonstrates the substitutability of the two energy types. Consumption of fossil-based sources has been identified as a key component in the transition from non-renewable to RE sources (Yuksel and Ubay, 2020). Another study by Dong et al (2017) claims that there is a bidirectional relationship between natural gas use and RE utilization in the long term.…”