TÜRKİYE’S ENERGY SECURITY CHALLENGES: A THEORETICAL ASPECTS OF SHIFTING FROM HYDROCARBONS TO RENEWABLES

Türkiye is one of the most energy-dependent countries, and its energy market is heavily reliant on imported energy sources such as oil, natural gas, coal. The relevancy of this research keeps up with the modern world’s number one challenge, green energy transition, in one country’s example in terms of costs and carbon emissions. For the purpose of the work, the country’s theoretical transition from fossil fuels mainly, coal and natural gas to wind and solar energy in electricity production has been analysed, and the required average transition cost has been determined. To delve into a comprehensive investigation, firstly, the secondary data was employed on energy production and greenhouse gas emissions (as well as carbon emissions), and data showed coal and natural gas were in leading positions in generating electricity. The country’s natural gas import by country through statistical data was touched. In this research, hypothetical calculation, correlation, regression, statistical, and comparative analysis methods were borrowed. With the help of the Pearson and Spearman correlation, the relationship between population growth and electricity generation was investigated. Via regression analysis, the potential effect of population growth on electricity produc tion was determined. Additionally, the impact of electricity generation on population growth was also explored. The practical value, as well as the scientific novelty of this study, is that it provides a hypothetical transition road for other researchers to calculate world countries’ transition expenses.