Change search
ReferencesLink to record
Permanent link

Direct link
Analysis of the Expected Development of Solar PV Market in Turkey
KTH, School of Industrial Engineering and Management (ITM), Energy Technology, Energy and Climate Studies, ECS.
2014 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Electricity generation through solar photovoltaic (PV) technology has been one of the leading renewable energy generation options in the global arena and in many countries that are working to address increasing energy demand and high fuel import dependencies. Due to the feed in tariff (FIT) amendment in 2011 and decreasing costs in global PV sector, the interest in this emerging market is quickly increasing in Turkey. The aim of this thesis is to explore the prospects for development of the solar PV market in Turkey, considering residential, commercial and utility scale PV systems with rooftop or ground mounted installations.

The economic situation, the energy profile, regulatory framework for solar energy and the market conditions in the country were researched. The ultimate purpose was to assess the overall conditions to attract investors, and estimate the development of the solar PV market growth in Turkey particularly in the next few years.

High irradiation levels, limited domestic energy resources and high interest in license applications suggest a big potential for solar PV electricity in Turkey. However, the regulatory framework is not yet suitable for a fast growth of this emerging solar PV market in the country due to lack of political support and experience in related government functions. Despite the high interest and demand for commercial systems, the solar PV market in Turkey is expected to grow linearly as a start. This contrast with precedents in leading European markets, which experienced exponential growth at the beginning. This study shows that there is a need for performance improvement within the regulative authorities, time for stakeholders to experience the market and more comprehensive and stable legislation. However, in the long term, solar PV technology is expected to gain high competitive advantage due to improving financial conditions in the country, increase in electricity prices (e.g. grid parity has already been reached for residential systems), and cost reductions for PV components around the world.

Place, publisher, year, edition, pages
Keyword [en]
Solar, PV, Energy, Turkey
National Category
Energy Systems
URN: urn:nbn:se:kth:diva-165442OAI: diva2:808432
2014-10-23, 13:00 (English)
Available from: 2015-05-12 Created: 2015-04-28 Last updated: 2015-05-12Bibliographically approved

Open Access in DiVA

fulltext(4014 kB)453 downloads
File information
File name FULLTEXT01.pdfFile size 4014 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
Energy and Climate Studies, ECS
Energy Systems

Search outside of DiVA

GoogleGoogle Scholar
Total: 453 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 113 hits
ReferencesLink to record
Permanent link

Direct link