The research article titled “Taxes and Incentives in Renewable Energy Investments” by Asst.Prof.Dr. Nergis Feride KAPLAN DÖNMEZ, one of the members of the Faculty of Political Sciences, Department of Public Finance at our university, was published in the Electronic Journal of Social Sciences.
KAPLAN DÖNMEZ, in her study, aimed to reveal the effects of the taxation and incentive approach, which is gathered under a single roof, combined with a subsidy adjusted regularly by the state, on the renewable energy sector. In the study, it was examined how tax incentives and support structures for renewable energy sources were evaluated in terms of financial investment. It was emphasized that the main feature of renewable energy sources is to help protect the environment and that renewable energy systems are a hot topic on the agenda of many countries. It was stated that the renewable energy market in Turkey is in the liberalization process and the main shareholders of the projects are the state, investors and citizens of the country. In this respect, it has been revealed that renewable energy investments are supported by government incentives and tax regulations that aim to maximize the benefit of each stakeholder and reduce system risk.
In her study, KAPLAN DÖNMEZ stated that incentives and investments for the protection of natural ecosystems and the use of environmentally friendly sustainable clean energy technologies are becoming increasingly popular and supported in developed countries. She stated that the renewable and sustainable energy capacity globally is increasing by 100% every year. In Turkey, on the other hand, she revealed that an investment incentive program was created in the context of the development of renewable energy systems in energy policy, and renewable energy investors were encouraged by using tax exemption, discount and exception methods in the context of tax regulations.
Finally, it was stated in the study that the legal scope of incentives for renewable energy systems in Turkey was revised in 2022 with the Presidential Decree, and its scope was expanded and tax advantages and supports that would attract the attention of investors were tried to be provided in order to ensure natural energy production.
Nergis Feride Kaplan Dönmez (2023). Taxation And Incentives in Renewable Energy Investments, Electronic Journal of Social Sciences, 22(85): 220-245.