Analyzing the Efficiency of Renewable Energy Sources in Terms of Electricity Generation

Author:

Arsu Talip1

Affiliation:

1. University of Aksaray, Turkey

Abstract

Electricity generation, one of the renewable energy sources (RES), delivers a solution for various problems such as energy efficiency, energy supply security, reducing foreign dependency, and especially, environmental concerns. However, the solutions provided for these problems bring along the question of which RESs are produced more effectively. Therefore, in this research, RESs used for electricity generation in Turkey were analyzed by using generation data to show which one is more effective. Bi-objective multiple-criteria data envelopment analysis (BiO-MCDEA) method, a goal programming-based efficiency determination method, was used for the efficiency analysis conducted for five years between the years of 2014 and 2018. As a result of the analysis, geothermal energy came into prominence as the most effective RES for all of the years included in the solution. Geothermal energy was followed by biomass energy, wind energy, hydroelectric, and solar energy, respectively.

Publisher

IGI Global

Reference46 articles.

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2. Renewable Energy and Economic Growth: Evidence from the Sign of Panel Long-Run Causality.;N.Apergis;International Journal of Energy Economics and Policy,2014

3. The Electricity Consumption-Growth Nexus: Renewable Versus Non-Renewable Electricity in Central America

4. Renewable energy, output, CO2 emissions, and fossil fuel prices in Central America: Evidence from a nonlinear panel smooth transition vector error correction model

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