TY - JOUR TI - Increasing voluntary carbon credits potential via renewable energy projects in Turkey AB - Turkey's renewable energy sources (RES) can be utilized to increase the amount of electricity generation and significantly reduce emissions from the energy sector. Voluntary carbon markets encourage electricity generation using RES and make greater use of these sources. In this study, the amount of emission reduction and carbon credits to be obtained from the renewable power plants to be connected to the Turkish electricity grid and the revenue to be obtained from carbon credit trading have been calculated. Emission reduction amount has been calculated by using combined margin CO2 emission factors. The amount of CO2 emission reduction that can be achieved through the renewable electricity generation between 2021-2024 is estimated as 454.94 MtCO2. Voluntary carbon credit revenue that can be obtained for the period between 2016 and 2024 is $1.116 billion. A very small part of the carbon reduction potential generated by renewable projects has been the subject of trade through voluntary carbon certificate issuing organizations. Turkey's rich RES potential has not been adequately utilized. The volume of carbon offsets that Turkey can generate by renewable projects is considerably high. AU - Ozcan, Mustafa DO - 10.5505/pajes.2022.06882 PY - 2022 JO - Pamukkale Üniversitesi Mühendislik Bilimleri Dergisi VL - 28 IS - 5 SN - 2147-5881 SP - 710 EP - 719 DB - TRDizin UR - http://search/yayin/detay/1134586 ER -