Fuel and energy complex of Turkey in the context of sustainable development

Authors

  • I.V Pashaev Moscow State Institute of International Relations Russian Foreign Ministry
  • I.A. Guliyev Moscow State Institute of International Relations, Ministry of Foreign Affairs of the Russian Federation

Keywords:

Turkey, energy, sustainable development, green energy, trans- formation, tourism, transport, industry.

Abstract

Turkey’s Economy is one of the dynamically developing economies, which is currently overcoming a critical stage of the development of the fuel and energy complex. This stage is characterized by the desire for green energy introductionand an attempt to create a sustainable energy complex to reduce energy imports, while at the same time the country is trying to reduce the cost of such energy transformation. The result of these opposite trends is the uncertainty of the future course of development of the fuel and energy sector of the country. This uncertainty has a significant effect not only the fuel and energy sector, but also on such major sectors of the country’s economy as logistics and transport, tourism, light industry, metalworking, machinery and the furniture industry. These sectors are the most important for Turkey’s gross domestic product (GDP). The purpose of the study is to prove the transformational nature of the development of energy in Turkey at the present stage in the direction of green energy and to identify its main features. From this goal, as well as from the analysis of current trends in supply and demand in the country’s energy market,  the research hypothesis follows: the most economically significant sectors of the Turkish economy will not receive significant losses from a moderate green energy transformation.
The main result of the article is the proof of the hypothesis put forward, as well as the identification of the most at-risk of the main sectors of the Turkish economy.

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Author Biographies

I.V Pashaev, Moscow State Institute of International Relations Russian Foreign Ministry

Master of the Faculty of International Relations Moscow State Institute of International Relations Russian Foreign Ministry

I.A. Guliyev, Moscow State Institute of International Relations, Ministry of Foreign Affairs of the Russian Federation

Deputy Director, International Institute of Energy Policy and Diplomacy, Moscow State Institute of International Relations, Ministry of Foreign Affairs of the Russian Federation

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Published

2021-11-21

How to Cite

Pashaev И., & Guliyev . И. . (2021). Fuel and energy complex of Turkey in the context of sustainable development. DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 107(4), 59–66. Retrieved from https://discussionj.ru/index.php/polemik/article/view/18