As a result of rapidly growing energy consumption, volatile energy prices and impulse towards a low carbon economy, management of the energy has been the subject of interest for all stakeholders, since it is considered a substantial way of improving energy intensity and lowering CO2 emissions. Finally, a set of policy options was presented, which is thought to be an essential guideline particularly for the stakeholders in developing countries (governmental bodies, chambers, universities etc.) to promote industrial energy efficiency activities to be implemented and sustained over time. With the aim of presenting the chosen policy tools, an apparent graphic table, the so-called "Wind Rose" diagram was developed.<br />In this regard, 8 basic methods ,namely education, training and capacity building, energy management standard, system optimization, strengthening and restructuring of legal and institutional framework, promoting energy efficiency/ building industrial awareness, ISO 9001 and/or 14001 certification, energy efficiency targets by industrial sector, the system optimization library/ benchmarking, tax and fiscal policies have been addressed as significant energy policy tools which are expected to be an effective guideline for all developing countries in terms of lowering energy consumption, developing a sustainable energy policy and fighting global warming and CO2 emissions. In accordance with the APCEM scheme, the topics of energy management regulations in Turkey, environmental obligations, subsidies to energy savings, activities of energy managers, energy policies in the governmental and company level, encouraging measures for energy efficiency and knowledge about energy management were analyzed. It was found that only 24 percent of the surveyed Turkish companies really practice energy management.<br />Taking into account this fact, we have analyzed economic potential for energy efficiency and CO2 emission reduction in case of EnM application.<br />Given the need to reduce energy intensity and the CO2 emissions in Turkish Industry, it is crucial for stakeholders and policy makers to know, what is the economic potential of energy management activities and how can these methods contribute to lower GHG emissions. This study has provided for the first time estimated reduction potential of energy consumption and CO2 emissions in Iron and Steel Industry in Turkey through the generation of four different scenarios based on LEAP-Energy Modeling Software. With the assistance of the LEAP modeling, we have found that the energy intensity rate can be lowered by 13%, 38% and 51% percent through introducing anticipated mechanism of the scenarios, SEI, AEI and CBT, accordingly. Particularly the projected aggregated energy savings of the scenarios CPT and AES are very promising with the saving rates of 33.7% and 23% accordingly. Compared to baseline scenarios, energy efficiency improvements correspond to economic potential of 0.1 billion dollar for SEI, 1.25 dollar for AEI and 1.8 billion dollar for CBT scenarios. Concerning GHG emissions, in 2030 the iron and steel industry in Turkey is estimated to produce 34.9 MtCO2 in BAU, 32.5 MtCO2 in SEI, 24.6 MtCO2 in AEI and 14.5 MtCO2 in CPT scenarios which corresponds to savings of 9 to 39 percent.<br />In the barrier analysis section, communication problems in energy management, energy manager courses, and inadequate awareness and financial supports regarding energy management have been identified as the biggest obstacles with regard to the implementation and efficient practice of energy management.<br />Finally, a set of policy options was presented, which is thought to be an essential guideline particularly for the stakeholders in developing countries (governmental bodies, chambers, universities etc.) to promote industrial energy efficiency activities to be implemented and sustained over time. With the aim of presenting the chosen policy tools, an apparent graphic table, the so-called "Wind Rose" diagram was developed.<br />The "Wind Rose" diagram includes all energy policy portfolios and enables the stakeholders to get them at one glance. In this regard, 8 basic methods ,namely education, training and capacity building, energy management standard, system optimization, strengthening and restructuring of legal and institutional framework, promoting energy efficiency/ building industrial awareness, ISO 9001 and/or 14001 certification, energy efficiency targets by industrial sector, the system optimization library/ benchmarking, tax and fiscal policies have been addressed as significant energy policy tools which are expected to be an effective guideline for all developing countries in terms of lowering energy consumption, developing a sustainable energy policy and fighting global warming and CO2 emissions.
