Abstract:

Renewable energy certificates (YES), one of the market-based mechanisms used in the electricity industry, are electronic certificates that prove that the electricity they use to the electricity consumer is produced using renewable energy sources (YEK). With the use of these certificates, electricity production will reduce emissions, the use of YEK will increase, and the facility operators that use YEK will get additional income. In this study, various YES systems and certification systems applied in Turkey have been studied. In the framework of the study, the YES potential of Turkey is calculated according to the country’s electricity consumption data. According to the calculations made, Turkey’s YES potential is 70.185.955,35 MWh. Today, YES is created from about 0.72 percent of the current potential. International Renewable Energy Certification (I-REC) system is integrated with YES export and injection. The YES outlets in Turkey are often demanded by the decision-making centers of global companies abroad. The Turkish YES market is expanding with the registration of new power plants. The national YES system will be established by the Regulation of the Renewable Energy Guarantee Certificate (YEK-G), which will be published in 2020. The organized YEK-G market to be operated by the Anonymous Company of the Energy Markets Management must be operated in accordance with an international standard.

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