The regulation of electricity sector in Turkey in scope of Administrative Law and European Union, Russia, China and South America practices

The electricity industry has had a monolithic structure that is mostly owned and operated by the governments as a public service till recent years. As many developing countries Turkey started initiating reform in the electricity structure within the liberalization and privatization movements in natural monopolies. Reforms started in the sector in 1984 with the participation of private sector through different modes. By enacting the Electricity Market Law No. 4628 in 2001, Turkey reversed the monolithic structure of the sector to a competitive, transparent and relatively open market structure. The Law issues Energy Market Regulatory Authority as an independent regulatory agency responsible of regulating the energy sector. Similar developments arose in the European Union and South American countries. While European Union tries to form a single electricity market there are also developments to form regional electricity markets among the EU members. Although reforms Russia and China?s electricity sectors still have a monolithic structure and the electricity industries are still operated by the governments of these countries.Key Words1. Public service2. Regulation3. Independent Regulatory Agencies4. Electricity sector in Turkey5. European Union, Russia, China and South America electricity sectors