Affiliation:
1. GAZİ ÜNİVERSİTESİ
2. GAZİ ÜNİVERSİTESİ, MÜHENDİSLİK FAKÜLTESİ, ENDÜSTRİ MÜHENDİSLİĞİ BÖLÜMÜ, ENDÜSTRİ MÜHENDİSLİĞİ PR.
Abstract
Privatisation of public assets and gradual withdrawal of the state from the market is one of the essential reforms to liberalise Turkey’s electricity market. This study presents an analytical approach for planning the privatisation of state-owned power generation plants. The privatisation process was considered capacity reduction, and a Capacity Reduction Planning Model was developed. The model was applied to power plants owned by Electricity Production Inc., and the results were compared to privatisation decisions. It has been observed that the results are pretty consistent with the realised situation. Market power and competition analysis were performed to investigate the model’s contribution to liberalisation. Thanks to the proposed privatisation plan, it was concluded that the market reached a competitive structure earlier. In this context, the study guides electricity market decision-makers regarding privatisation.
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