Caspian Report - Issue 06 - Winter 2014
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to increase his bargaining position<br />
and therefore reduce the unit price<br />
that he pays. In this regard, Southern<br />
Gas Corridor that has been initiated<br />
by TANAP project is an important<br />
chance for Turkey. A second aspect<br />
of natural gas imports is related with<br />
electricity production structure.<br />
About 50% of electricity production<br />
is made in power plants that use<br />
natural gas. Turkey needs to look for<br />
alternative energy sources to substitute<br />
for natural gas that includes<br />
nuclear power and renewables.<br />
Energy efficiency is another important<br />
aspect that Turkey needs to consider<br />
in terms of reducing the energy<br />
bill. European Union significantly<br />
benefited from improvements in energy<br />
efficiency over the past decade<br />
and Turkey can take lessons from<br />
this. 113<br />
CASPIAN REPORT, WINTER <strong>2014</strong>
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