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Murat Sirin


Business Economics and Public Policy


  • Adam Fremeth

Murat is BEPP PhD student at the Ivey Business School. His research interests include renewable energy policies, firm strategies in electricity markets, and the role of business in energy transition.

Past Education

  • 2014, Public Administration, Harvard University, John F. Kennedy School of Government, Cambridge, USA
  • 2011, Master of Science in European Studies, Middle East Technical University, Ankara, Turkey
  • 2004, BA in Economics, Ankara University, Ankara, Turkey

Research Interests

  • Renewable energy
  • Electricity markets
  • Energy economics
  • Quantitative methods for policy analysis


  • Sirin, S.M., Erten, I., 2022. Price spikes, temporary price caps, and welfare effects of regulatory interventions on wholesale electricity markets. Energy Policy, (163) April 2022, 112816;  ISSN 0301-4215,
  • R ile Uygulamalı Analiz Yöntemleri-1, Ankara, 2018. ISBN: 978-605-245-779-5.(Quantitative Analysis with R: Introduction to Statistics and Exploratory Data Analysis)

Academic journals indexed in SSCI/SCI

  • “How do variable renewable energy technologies affect firm-level day-ahead output decisions? Evidence from the Turkish wholesale electricity market” (Co-authors: Dilek Uz, Irem Sevindik) Energy Economics, 112, 2022, 106169.
  • "How do macroeconomic dynamics affect small and medium-sized enterprises (SMEs) in the power sector in developing economies? Evidence from Turkey” (Co-authors: Dilek Uz, Irem Sevindik) Energy Policy, 168, 2022, 113127.
  • “An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy” (Co-authors: Alex Zhang, Conglai Fan, Maoling Bu) Energy Policy, 167, 2022, 113044.
  • "The impact of variable renewable energy technologies on electricity markets: An analysis of the Turkish balancing market" (Co-author: Berna N. Yilmaz), Energy Policy, Volume 151, 2021, 112093, ISSN 0301-4215,
  • “An analysis of Turkey's solar PV auction scheme: What can Turkey learn from Brazil and South Africa?” (Co-author: Irem Sevindik), Energy Policy, Volume 148, Part A, 2021, 111933, ISSN 0301-4215,
  • “Variable renewable energy technologies in the Turkish electricity market: Quantile regression analysis of the merit-order effect” (Co-author: Berna Yilmaz), Energy Policy, Volume 144, 2020, 111660, ISSN 0301-4215,
  • “A panel data analysis on the costs of Turkish electricity distribution companies”,  Energy Strategy Reviews, Volume 18, December 2017, Pages 250-259, ISSN 2211-467X,·
  • “Foreign direct investments (FDIs) in Turkish power sector: A discussion on investments, opportunities and risks”, Renewable and Sustainable Energy Reviews, Volume 78, October 2017, Pages 1367-1377. 
  • “Behavioral aspects of regulation: A discussion on switching and demand response in Turkish electricity market”, Energy Policy, (Co-author: Assoc. Prof. M. Sinan Gonul), Volume 97, October 2016, Pages 591–602.
  • “R&D expenditures in liberalized electricity markets: The case of Turkey”, Renewable and Sustainable Energy Reviews, (Co-author:Fakir H. Erdogan), Volume 24, August 2013, Pages 491-498.
  • “Overcoming problems in Turkey’s renewable energy policy: How can EU contribute”,(Co-author: Assoc. Prof. Dr.Aylin Ege), Renewable and Sustainable Energy Reviews, Volume 16, Issue 7, September 2012, Pages 4917-4926.
  • “Energy market reforms in Turkey and their impact on innovation and R&D expenditures”, Renewable and Sustainable Energy Reviews, Volume 15, Issue 9, December 2011, Pages 4579-4585.
  • “An assessment of Turkey’s nuclear energy policy in light of South Korea’s nuclear experience”, Energy Policy, Volume 38, Issue 10, October 2010, Pages 6145-6152.

Selected conference proceedings

  •  “Auction for wind energy in developing economies: A financial analysis of Turkey’s new YEKA support scheme” (Co-author: Abdolrahman Khoshrou), 7th Multinational Energy and Value Conference, Ankara, Turkey, 2019
  • “A review of foreign direct investments in Turkish energy sector”, (Co-author: Syed Fakhre Mahmud), Turkish Journal of Energy Policy, Volume 3, Issue 6,Pages 1-16
  • “Energy market reforms, R&D and innovation expenditures and challenges for regulatory authorities: Turkish case”, 6thWorld Forum on Energy Regulation, Istanbul, Turkey, May 2015 (Invited speaker).
  •   “A discussion on renewable energy diffusion policies in developing countries:  The case of solar technologies in Turkey”, Energy Transition Conference,  University of Eastern Finland, Joensuu, Finland, February 2015.

Work Experience

  • 2005 -2019: Energy Expert, Energy Market Regulatory Authority, Ankara, Turkey


(anticipated completion 2024)

Ivey Business School

Murat Sirin

Murat Sirin

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