Nuclear Energy in Turkey, Do We Need It Indeed?
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 1
Abstract
Two main events happened in 2007’s forced Turkey to reconsider of nuclear power plant building which has been postponed in several occasions. On the one hand Turkey aware that energy dependency to another states causing the negative effects to its developing economy, on the other hand she should take into consideration the threat coming by the Iran’s ongoing nuclear program. If Iran succeeds to produce a nuclear weapon, for Turkey the threat is indirect, and more tied to concerns about the balance of power and loss of relative status and influence in the region. With regard to the energy resources dependency to the other states, approximately 70 percent of Turkey's domestic oil and gas are bought from abroad, and Russia and Iran are its top suppliers. Our country's electricity demand tends to increase by a rapid average of 7.5%. Having been realized as 191.5 TWh in 2007, our electricity generation is expected by 2020 to reach 406 TWh with an annual increase of 5.96%. In order to meet the increasing demand for electricity, we need to at least double our existing installed power by 2020. To meet the need of Turkey for electricity in the near future, the projections indicate that it will be necessary to employ nuclear power for electricity production Construction of nuclear power plants is in progress. It seems determining the main target of Turkey’s desire to deal with the nuclear technology is very important for USA and the western states. This study aims to point out that which main factor is dominant for Turkey’s decision dealing with the nuclear technology, and foreseen Russian agreement.
Authors and Affiliations
Serdar Erdurmaz| Assistant Professor in Gazikent University and General Coordinator in TURKSAM International Relations and Strategic Analysis Center in Ankara/Turkey
Keywords
Related Articles
- EP ID EP1763
- DOI -
- Views 490
- Downloads 72
MONETARY UNCERTAINTY AND DEMAND FOR MONEY IN KOREA
Friedman’s volatility hypothesis asserts that increased volatility of money supply can lower the velocity of money or increase the demand for money. Previous studies have tested this hypothesis by using data from a few i...
CREDIT PORTFOLIO SELECTION ACCORDING TO SECTORS IN RISKY ENVIRONMENTS: MARKOWITZ PRACTICE
In this study, it was researched that how the rate of repayment of loans will be increased and how the credit risk will be minimized in banking sector, by using Markowitz Portfolio Theory. Construction, textile and whole...
DOES HIGHER EDUCATION REDUCE POVERTY AMONG YOUTHS IN NIGERIA?
Poverty is a serious problem in Nigeria with estimated 70.2 percent of Nigerians on less than 1$ daily. Poverty in Nigeria resembles a paradox, with her wealth; she still faces an enormous challenge in her effort to redu...
TRANSACTION COSTS, MULTIPLE EQUILIBRIA, AND THE MUNDELL PROPOSITION
This paper inserts Coase (1937) assertion into Mundell (1963) model. That is, investigating the robustness of Mundell (1963) proposition with the consideration of transaction costs in the labor market. The result shows t...
RENMINBI AS NUMBER TWO IN EAST ASIA
This paper investigates the emerging influence of the Chinese renminbi on the exchange rate movements of East Asian currencies. China stopped pegging her currency to the US dollar and moved into a managed floating exchan...