The model of free investment & centralised management in renewable energy production projects

A significant increase is observed in electricity generation with renewable energy in Turkey in recent years. However, obviously, Turkey also utilizes a very small slice from that which has the potential of renewable energy. Depending on the existing laws and regulations, renewable energy investments are carried out by private enterprises rather than public enterprises. However, especially, the renewable energy cooperatives, seen in many countries, have not yet been found in Turkey. It is an undeniable fact that this situation has both advantages and disadvantages. If Turkish citizens could freely invest even in small amounts, a new system would emerge that the state can regulate these investments and ensure energy supply security and it would provide that the renewable energy that could be the locomotive of Turkey. In this study, the advantages of the method which can do utilized renewable energy capacity owned by Turkey in a short time were investigated over the current situation with the model of "Free Investment & Centralized Management" in renewable energy production projects. In particular, the potential of solar, wind, and biomass energy types of Turkey in the regional base was compared with current installed power and it revealed the way to run about renewable energy. The studies showed that Turkey has potential of at least 87 GW in solar energy, 114 GW in wind energy and 56 GW in biomass energy at installed power. With the implementation of the "Free Investment & Centralized Management" model, it is evaluated that estimated at least 500 billion dollars at cushion of capital will be saved to national production in Turkey, the amortization period of each renewable energy investment will be shortened by at least 15 months, the shorter amortization period would contribute to Turkey's national capital about 4 billion Turkish Liras annual, at least 100 million tons of CO2 will be reduced annually in greenhouse gas emissions released into the environment.