Is the Nuclear Unrivaled or Solution? The Case of Turkey

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Yavuzaslan K., ÇETİN M.

International Journal of Economic Perspectives, vol.11, no.1, pp.5-27, 2017 (Peer-Reviewed Journal)

Abstract

   International Journal of Economic Perspectives, 2017, Volume 11, Issue 1, 5-27.

International Journal of Economic Perspectives ISSN 1307-1637 © International Economic Society

http://www.econ-society.org

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ABSTRACT

In the recent period, the developments in the field of energy have deeply affected both economical and social

structure. That the countries which want to ensure a more competitive, stable and sustainable development process;

they should develop their own energy policies and thus decrease their external dependence in terms of energy is

an acknowledged fact in all academic circles. On the other hand, efforts made by countries that are aiming to be

more powerful socially and economically in order to retain energy sources constitute an indicator of energy’s

importance. In addition, the countries should develop their own energy policies accordingly with no current deficit

in order to ensure a more competitive, stable and sustainable growth and thus decrease their external dependence

in terms of energy. As a consequence of industrialization and technological advancements, external dependence

of Turkey’s economy in terms of energy is gradually increasing. Turkey now questions whether using nuclear

energy instead of other alternative energy sources will be a solution to the current deficit which is caused by the

country’s external dependence in terms of energy. In order to meet its ever-growing energy demand, Turkey, as

the holder of the second largest thorium reserves in the world, should primarily choose a method of nuclear power

generation and form an energy policy by taking its renewable energy potential into consideration and including

other alternative energy sources in related calculations.

JEL Classifications: O13; Q42; Q48


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