Elektrik Üretim
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Elektrik Üretim
The Electricity Generation Company ( tr, Elektrik Üretim A.Ş.; EÜAŞ) is the largest electric power company in Turkey. Owned by the government, it produces and trades electricity throughout the country. History EÜAŞ was founded by the government in 2001. Its main purpose was to plan and implement the energy policy of Turkey which, through the exploitation of the domestic products and resources, would distribute cheap electric power to all Turkish citizens. In 2018 it took over the state-owned electricity trading firm TETAŞ. Power plants EUAŞ owns almost a fifth of Turkey's total generating capacity including coal, gas, hydro and wind power stations. Lignite coalfields EUAŞ owns most of the country's lignite in 7 coalfields, including the largest Elbistan. Pollution and deaths As it owns the old Can-1 and Afşin-Elbistan B power stations and buys from private sector lignite-fired plants its coal-fired electricity is highly polluting. In 2010 its coal-fired plants w ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Elbistan Coalfield
Elbistan coalfield, also known as Afşin Elbistan Lignite Reserve, is a large lignite coalfield located in the south-east of Turkey in Kahramanmaraş Province. Elbistan is the field with the most coal in Turkey. Kışlaköy coal mine now mines the field. 200 million tons of CO2 were emitted by burning lignite from this field before 2016, and 2.4 billion tons could be emitted in future. The lignite is high in sulfur and moisture, and only has 1,000 to 1,500 kcal/kg, or less than 5 MJ/kg, which is a quarter of typical thermal coal. The coalfield supplies the Afşin-Elbistan power stations. References Sources * External links Afşin-Elbistan lignite mineson Global Energy Monitor Global Energy Monitor (GEM) is a San Francisco-based non-governmental organization which catalogs fossil fuel and renewable energy projects worldwide. GEM shares information in support of clean energy and its data and reports on energy trends ... {{coord missing, Turkey Coal m ...
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Electric Power Companies Of Turkey
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of ...
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Global Energy Monitor
Global Energy Monitor (GEM) is a San Francisco-based non-governmental organization which catalogs fossil fuel and renewable energy projects worldwide. GEM shares information in support of clean energy and its data and reports on energy trends are widely cited by governments, media, and academic researchers. History Global Energy Monitor was founded in 2007 by writer and environmentalist Ted Nace. Originally named "Coalswarm", and affiliated with Earth Island Institute, the organization created a tracker database of global coal-fired power stations that became "widely respected" by academic researchers, media outlets, and governments. In 2018, GEM became an independent organization and expanded coverage to include natural gas pipelines, steel plants, coal mines, oil and gas extraction sites and renewable energy infrastructures. Research Global Energy Monitor produces information about energy infrastructures through datasets, maps, and online profiles of specific energ ...
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Beyond Coal
The Beyond Coal movement is a campaign by environmental group the Sierra Club to promote renewable energy instead of coal. Their primary objective is to close coal power plants in the United States, including at least one-third of the country's more than 500 coal plants by 2020, and to replace them with renewable energy sources. The campaign is also active in other countries; for example, they are trying to prevent the construction of the Kosovo C thermal power plant near Pristina, Kosovo; to this end, they have collaborated with academic and Obama administration climate advisor Dan Kammen. Other objectives include keeping coal in the ground, specifically in Appalachia and the Powder River Basin, where the majority of American coal reserves are located, and preventing coal from being exported from America. The campaign has received at least $80 million from Michael Bloomberg and his philanthropic foundation, Bloomberg Philanthropies. During the early Presidency of George W. Bu ...
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Overseas Development Institute
ODI (formerly the 'Overseas Development Institute') is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the planet." It does this through "research, convening and influencing, to lead new thinking and future agendas to deliver transformational change." Its Chair is Suma Chakrabarti. History In 1960 ODI began in small premises in Regent's Park, central London and operated a library devoted to international development issues as well as performing consultancy work and contracts with the Department for International Development (then known as the Overseas Development Agency) of the UK government. Since then it has moved several times and is on Blackfriars Road. Since 2004 it has had a Partnership Programme Arrangement with the Foreign, Commonwealth and Development Office. The institute also developed a strong focus on communications and 'bridging ...
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Stranded Asset
Stranded assets are "assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities". Stranded assets can be caused by a variety of factors and are a phenomenon inherent in the 'creative destruction' of economic growth, transformation and innovation; as such they pose risks to individuals and firms and may have systemic implications.Background Briefing, UNEP Inquiry into the Design of a Sustainable Financial System
UNEP. 2014
is expected to cause a significant increase in stranded assets for ...
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Istanbul Stock Exchange
The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İAB) and the Derivatives Exchange of Turkey ( tr, Vadeli İşlem Opsiyon Borsası, VOB) under one umbrella. It was established as an incorporated company with a founding capital of 423,234,000 (approx. US$240 million) on April 3, 2013, and began to operate on April 5, 2013. Its slogan is ''worth investing''. Shareholders of Borsa İstanbul are: 49% Government of Turkey, 41% IMKB, 5% VOB, 4% IMKB members, 1% IMKB brokers and 0.3% IAB members. It is planned that all the Government-owned shares will be offered for sale. Among the executives of the nine-member board of directors, which is presided by chairman Himmet Karadağ, are former deputy chairman of ISE Osman Akyüz, former head of VOB Işınsu Kestelli, Merrill Lynch Investment Bank G ...
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Coal Power In Turkey
Coal in Turkey generates between a quarter and a third of the nation's electricity. There are 54 active coal-fired power stations with a total capacity of 21 gigawatts ( GW). Air pollution from coal-fired power stations is damaging public health, and it is estimated that a coal phase-out by 2030 instead of by the 2050s would save over 100 thousand lives. Flue gas emission limits were improved in 2020, but data from mandatory reporting of emission levels is not made public. Turkey has not ratified the Gothenburg Protocol, which limits fine dust polluting other countries. Turkey's coal is almost all low calorie lignite, but government policy supports its continued use. In contrast Germany is closing lignite-fired stations under 150 MW. Drought in Turkey is frequent, but thermal power stations use significant amounts of water. Coal-fired power stations are the largest source of greenhouse gas. Coal-fired stations emit over 1 kg of carbon dioxide for every kilowatt hour ...
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Carbon Tracker
Carbon Tracker is a London-based not-for-profit think tank researching the impact of climate change on financial markets. Carbon Tracker popularized the notion of a carbon bubble, which describes the incompatibility between the continued development of fossil fuel projects and combating climate change.Jackie Wills"Carbon Tracker has changed the financial language of climate change" ''The Guardian'', 15 May 2014 (page visited on 8 November 2016).Katharine Earley"Carbon Tracker measures oil and coal risk for investors" ''The Guardian'', 30 April 2015 (page visited on 8 November 2016). History and work Carbon Tracker was founded by UK fund manager Mark Campanale, with Jeremy Leggett serving as chairman. The organisation's first two reportsUnburnable Carbon (2011) and Unburnable Carbon (2013)argued that up to two-thirds of the world's known reserves and resources of oil, coal and gas could not be burned while avoiding dangerous levels of climate change. As summarized by Financial ...
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Coal In Turkey
Coal supplies over a quarter of Turkey's primary energy. The heavily subsidised coal industry generates over a third of the country's electricity and emits a third of Turkey's greenhouse gases. Most coal mined in Turkey is lignite (brown coal), which is more polluting than other types of coal. Turkey's energy policy encourages mining lignite for coal-fired power stations in order to reduce gas imports; and coal supplies over 40% of domestic energy production. Mining peaked in 2018, at over 100 million tonnes, and declined considerably in 2019. Most coal is imported, as in contrast to local lignite production, Turkey imports almost all of the bituminous coal it uses. Coal consumption also peaked in 2018 (but may peak again). The largest coalfield in Turkey is Elbistan. Coal-fired power stations are a major contributor to air pollution, and cause severe, widespread impacts on public health across the nation and region. It is estimated that in 2019, air pollution from coal ...
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Electricity Pricing
Electricity pricing (also referred to as electricity tariffs or the price of electricity) can vary widely by country or by locality within a country. Electricity prices are dependent on many factors, such as the price of power generation, government taxes or subsidies, taxes, local weather patterns, transmission and distribution infrastructure, and multi-tiered industry regulation. The pricing or tariffs can also differ depending on the customer-base, typically by residential, commercial, and industrial connections. According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of electricity with reasonable accuracy. Due to the complications of electricity generation, the cost to supply electricity varies mi ...
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