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Journals / Sosyoekonomi / 2026 / Cilt: 34 Sayı: 69

The Effects of Geopolitical Risk on Investor Attention towards Renewable Energy: Evidence from Türkiye

Jeopolitik Risklerin Yenilenebilir Enerjiye Yönelik Yatırımcı Dikkati Üzerindeki Etkileri: Türkiye Örneği

Ayşegül Uçkun Özkan(KTO KARATAY ÜNİVERSİTESİ)0000-0001-8430-9686
Özge Kandemir Kocaaslan(HACETTEPE ÜNİVERSİTESİ)0000-0003-4159-3204
Pages
319–342
Publication Date
2026-07-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Given Türkiye’s heavy reliance on foreign energy and its strategic role as an energy bridge between Europe and the Middle East, it offers a critical case for understanding how geopolitical uncertainties shape renewable energy investment behaviour.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study is the first to explore how geopolitical risks affect investor attention to renewable energy, with a specific focus on Türkiye.
📊
Key Findings & Data:We construct an investor attention index using Google Search Volume Index (GSVI) data for the keyword “renewable energy.” By incorporating the Geopolitical Risk Index (GPR) and World Uncertainty Index (WUI), we examine the impact of major events such as the COVID-19 pandemic, the Russia-Ukraine war, and the war after October 7, 2023, on investor attention since 2008.
💡
Conclusion & Impact:Given Türkiye’s heavy reliance on foreign energy and its strategic role as an energy bridge between Europe and the Middle East, it offers a critical case for understanding how geopolitical uncertainties shape renewable energy investment behaviour.
🔬Design:Araştırma Makalesi
📍Scope:2023 Verileri
⚙️Variables:Jeopolitik Risk · Belirsizlik · Yatırımcı Dikkati

Abstract

This study is the first to explore how geopolitical risks affect investor attention to renewable energy, with a specific focus on Türkiye. We construct an investor attention index using Google Search Volume Index (GSVI) data for the keyword “renewable energy.” By incorporating the Geopolitical Risk Index (GPR) and World Uncertainty Index (WUI), we examine the impact of major events such as the COVID-19 pandemic, the Russia-Ukraine war, and the war after October 7, 2023, on investor attention since 2008. Given Türkiye’s heavy reliance on foreign energy and its strategic role as an energy bridge between Europe and the Middle East, it offers a critical case for understanding how geopolitical uncertainties shape renewable energy investment behaviour.

Özet

Bu çalışma, jeopolitik risklerin yatırımcıların yenilenebilir enerjiye olan dikkatini nasıl etkilediğini Türkiye’ye odaklanarak inceleyen ilk çalışmadır. “Renewable energy” anahtar kelimesi için Google Arama Hacmi Endeksi (GSVI) verileri kullanılarak bir yatırımcı dikkati endeksi oluşturulmuştur. Jeopolitik Risk Endeksi (GPR) ve Dünya Belirsizlik Endeksi (WUI) verileri kullanılarak, COVID-19 pandemisi, Rusya-Ukrayna savaşı ve 7 Ekim 2023’ten sonra yaşanan savaş gibi önemli olayların 2008’den bu yana yatırımcıların dikkati üzerindeki etkisi incelenmiştir. Türkiye’nin yabancı enerjiye olan yoğun bağımlılığı ve Avrupa ile Orta Doğu arasında bir enerji köprüsü olarak stratejik rolü, jeopolitik belirsizliklerin yenilenebilir enerji yatırım davranışlarını nasıl şekillendirdiğini anlamak için kritik bir örnek teşkil etmektedir.

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Cite This Article

Özkan, A. U., Kocaaslan, Ö. K. (2026). The Effects of Geopolitical Risk on Investor Attention towards Renewable Energy: Evidence from Türkiye. Sosyoekonomi, Cilt: 34 Sayı: 69, 319–342. https://doi.org/10.17233/sosyoekonomi.2026.03.15

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