This book makes a structural analysis of the neoliberal restructuring in the global electricity industry. The book shows that the electricity liberalisation in different countries is just a reflection of the same structural trend in the global economy and avoids from both narrow country-specific and abstract global approaches by making a structural analysis completed by a case study. Thus, it aims reaching wider conclusions about how global changes in finance and ideology / knowledge structures influence domestic energy and economic policy preferences of developing countries. The book develops a taxonomy about organising principles around which the electricity industry has been structured historically and globally, and reveals drivers of change which influences the current energy transition in the electricity sector. Combining these aspects, the book uses financial and other economic data empirically, to shed light on the structural role of global transformation of the electricity markets on the domestic energy policy preferences of the developing countries. Thus, this work will be useful not only for academic purposes, but also for practitioners dealing with these issues.
Author(s): Serhan Ünal
Publisher: Palgrave Macmillan
Year: 2023
Language: English
Pages: 243
Contents
About the Author
Abbreviations
List of Figures
List of Tables
1 Introduction
References
2 Neoliberal Transformation as a Structural Transformation
2.1 Neoliberal Transformation
2.2 Neoliberalism and Policy Diffusion
2.3 Conclusion
References
3 Structural Transformation in the Energy Structure
3.1 Global Power Structures
3.2 Energy Structure
3.3 Conclusion
References
4 Global Transformation in the Electricity Sector
4.1 Neoliberalism and the Electricity Sector
4.2 Drivers of Change in the Electricity Sector
4.3 Assessment of Global Electricity Liberalisation
4.4 Conclusion
References
5 Overview of the Turkish Electricity Sector
5.1 Electricity Outlook of Türkiye
5.2 Evolution of the Turkish Electricity Market
5.2.1 Pre-Reform Period
5.2.2 Reform Period
5.3 Indicators of Stagnation
5.4 Conclusion
References
6 Achieving Electricity Liberalisation in Türkiye
6.1 External Realm
6.1.1 External Economic Factors
6.1.1.1 Effects of International Financial Institutions
6.1.1.2 Convenience of the External Economic Realm
6.1.2 External Political Factors
6.1.2.1 Effects of International Organisations
6.1.2.2 Türkiye’s EU Membership Process
6.2 Internal Realm
6.2.1 Internal Economic Factors
6.2.1.1 Inability of Public Sector
6.2.1.2 Role of the Private Sector
6.2.2 Internal Political Factors
6.2.2.1 Opposing Internal Groups
6.2.2.2 Governments’ Support
6.3 Conclusion
References
7 Failing Electricity Liberalisation in Türkiye
7.1 External Realm
7.1.1 External Economic Factors
7.1.1.1 International Financial Institutions
7.1.1.2 Tightening Global Finance Structure
7.1.2 External Political Factors
7.1.2.1 Effects of International Organisations
7.1.2.2 Türkiye-EU Relations
7.2 Internal Realm
7.2.1 Internal Economic Factors
7.2.1.1 Emergence of Excess Supply
7.2.1.2 Deteriorating Internal Economic Conditions
7.2.2 Internal Political Factors
7.3 Conclusion
References
8 Conclusion
References
