An Investigation of the Impact of Government Energy Politics on the Development of Investment in the Renewable Energy Sector in Türkiye (2019-2023)

Abstract

With the depletion of fossil fuel reserves and the rise of environmental concerns, renewable energy has become a strategic policy priority for many countries, including Türkiye. Among the efforts to reduce Türkiye’s energy import dependency—which currently stands at 74%—renewable energy-focused projects hold significant importance. Türkiye’s installed renewable energy capacity has exhibited a consistently increasing trend over the years. Based on this context, the present study aims to examine Türkiye’s renewable energy policies and investigate their role in sectoral development. This study provides a review and critical evaluation of Türkiye’s renewable energy policies between 2019 and 2023, focusing on their role in sectoral development. Using a qualitative content analysis approach, academic publications in the fields of management and energy policy, official government reports, and documents from private sector institutions were systematically examined. Sources were selected based on their relevance, credibility, and accessibility within the review period. The findings indicate that supportive policy instruments have promoted investment and awareness in the renewable energy sector. However, various regulatory, infrastructural, and financial challenges are still considered to limit the full utilization of renewable resources. The study emphasizes the need for a holistic and forward-looking policy framework to reduce dependence on fossil fuels, enhance energy security, and align national energy goals with global sustainability commitments.