According to SHURA Energy Transformation Center's 'Net Zero 2053: Policies for the Energy Sector' report, many different elements such as technological breakthroughs, policies and regulations need to be addressed holistically in order to achieve energy transformation.
SHURA Energy Transformation Center, 'Net Zero 2053: Policies for the Energy Sector' report He announced it at the 13th Türkiye Energy Summit. The report emphasized that radical changes are required at all stages of the value chain in order to realize energy transformation in all sectors of the economy within the scope of combating climate change.
The study draws attention to renewable energy, energy efficiency and electrification as three basic strategies for decarbonizing the economy while ensuring economic access to energy and energy supply security. In this context, policy recommendations within the electricity sector in order to achieve the net zero target were collected under the headings of 'Wholesale Electricity Market Design', 'Carbon Pricing', 'Renewable Energy', 'Energy Storage', 'Demand Side Participation', 'Technologies that Enable Electricity to Change its Form', 'Communication Network and Interconnections' and 'Distribution System and Digitalization'. In addition to the electricity sector, the report also recommends policies for the industry, housing, transportation, service and agriculture sectors, which lead the way in energy consumption.
Energy transformation should cover all sectors
The report emphasizes that in order to accelerate and increase the integration of variable production wind and solar power plants into the electricity system, improvements should be made in electricity markets, such as prioritizing clean and flexible resources in capacity mechanisms, bringing door closing times in Intraday Markets closer to real time, determining minimum and maximum price limits to reflect system costs, allowing negative prices to occur, and determining the maximum price according to the lost load value (VoLL).
In order to reduce emissions and reduce energy intensity in the industrial sector, where energy consumption is highest, it is recommended to switch to products and sectors with high added value and low carbon intensity. In addition, the importance of applying energy efficiency, resource efficiency and electrification at maximum levels in the industry in reducing greenhouse gases released in this sector is emphasized. It is stated that in sectors that are difficult to decarbonise, the net zero target can be achieved by using green hydrogen in addition to the strategies mentioned.
The report states the importance of reducing the weight of road transportation and increasing the share of low-carbon alternatives such as railway and maritime transportation in order to reduce emissions in the transportation sector. In addition, it is recommended to evaluate measures and sanctions for the promotion of low-carbon transportation modes and the optimization of road transportation.
It is underlined that energy efficiency is important in the housing, service and agriculture sectors, and attention is drawn to training and financial support. On the other hand, it is stated that the policies that can be implemented in Turkey should be evaluated holistically in order to ensure the energy transition and decarbonization of the entire economy in an effective and less costly manner. It is emphasized that it is critical to create the right combination by analyzing the effects of the determined policies on the sectors.
Coordination board required for energy transformation
SHURA's report recommends the creation of a supra-institutional 'coordination board' structure that has the decision-making power to determine and implement policies that will realize the energy transformation, provide comprehensive coordination by bringing a holistic approach to climate change issues, and make effective practices for the correct management and distribution of current and future funds, inclusive of all sector stakeholders.
Evaluating the report, SHURA Energy Transformation Center Director Alkım Bağ Güllü said that in order for the energy transformation to be successful, strategies for planning the direction and speed of the transformation in line with national targets and well-designed energy policies carried out through reliable authorities are extremely important.
Güllü said, "The transformation of the energy sector, which is responsible for a large part of greenhouse gas emissions, is the most important element for both our country's energy supply security and economic access to energy, and for achieving the net zero target of 2053. This transformation includes the decarbonization of energy consumption as well as energy production, and the transition from a fossil fuel-oriented, centralized energy system to a renewable energy-oriented, distributed, digital energy system with producing consumers. Our relevant Ministries are explaining both intermediate targets and basic strategies in line with Turkey's net zero target." "In order to achieve our goals within the scope of energy transformation, we need to determine and implement the necessary policies quickly and effectively for the energy sector, as well as energy-intensive end-user sectors such as industry, buildings, transportation and agriculture," he said.
Güllü, who also drew attention to the difficulties created by global and regional geopolitical and economic conditions, continued his speech as follows: "Comprehensive policies prepared from a holistic perspective are extremely important to achieve the transformation. In this study, we tried to reveal which policies are necessary and important for the energy transformation in the short, medium and long term, by examining international practices and taking into account Turkey's own conditions and priorities through comprehensive stakeholder meetings."
Source: Clean Energy