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Creative Energy Alternatives: Cheap and Clean Future Energy for Turkey

Creative Energy Alternatives: Cheap and Clean Future Energy for Turkey
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Author(s): Esin Okay (Istanbul Commerce University, Turkey)
Copyright: 2015
Pages: 22
Source title: Handbook of Research on Developing Sustainable Value in Economics, Finance, and Marketing
Source Author(s)/Editor(s): Ulas Akkucuk (Uşak University)
DOI: 10.4018/978-1-4666-6635-1.ch010

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Abstract

Energy has a strong impact on both economy and ecology. Global economy and ecology need to obtain sustainable and clean sources of energy, which is an issue of financial challenges. Developing countries face problems of energy sourcing due to costs and risks. But using the natural sources of energy in creative ways is cheap and clean. Therefore, developing economies must develop energy strategies based on creative energy solutions. Turkey as a developing country implemented policies to improve renewables and energy efficiency in line with EU requirements. Turkey does not have enough conventional energy but very large renewable energy resources. In this chapter, the large potential of creative energy alternatives in Turkey is explored. The indistinct start of energy savings market and the risks of financing huge energy projects show that Turkey needs to depend on investing in the cheapest forms of creative energy solutions.

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