1 / 23

Dr. Yüksel MALKOÇ TWEA Vice President - PowerPoint PPT Presentation

  • Uploaded on

Emerging European Markets : Resilient in the crisis ? Policies , Markets & Programmes. Dr. Yüksel MALKOÇ TWEA Vice President. Outline. Turkey’s current financial outlook , Demand growth and supply development , Wind potential and capacity development ,

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about ' Dr. Yüksel MALKOÇ TWEA Vice President' - chi

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

EmergingEuropeanMarkets: Resilient in thecrisis? Policies, Markets & Programmes

Dr. Yüksel MALKOÇ

TWEA VicePresident


  • Turkey’scurrentfinancialoutlook,

  • Demandgrowthandsupplydevelopment,

  • Windpotentialandcapacitydevelopment,

  • Policyandregulatoryenvironment of therenewableenergy market,

  • Currentwindprojectsandotherinvestmentareas in thewind market.

Current financial outlook and electricity demand growth
CurrentFinancial Outlook andElectricityDemandGrowth

Installed capacity development

Wind potential

  • Turkey has substantial amount of renewable energy potential and the

  • utilization rates are growing. Hydro, wind and solar energy resources

  • are the major portions of our renewable portfolio.

  • Turkey has at least;

  • 160000 GWh/a. economichydro,

  • 48000 MW windcapacity

  • 380000 GWh/a. solar (*)

  • 31500 MWtgeothermalcapacity

  • 8,6 MTOE biomass

  • 1,5-2 MTOEbiogas

  • (*) Consideringtheparabolic CSP technologies.

Wind potential1

Wind speed distribution, 50 m agl

Wind potential2

Wind energy potential (annual average wind speed>7 m/s), 50 m a.g.l.

Wind potential and capacity development

  • WPPs in Operation

  • WPPs in Construction

  • LicencedWPPs

Competitive MarketStructure


- Macro scale policy developmentthroughMinistry of Energy and Natural

Resources (MENR)

- Regulations, control, supervision of marketsthrough Energy MarketRegulatory Authority(EMRA)

Private Sector: Generation, distribution, trade

Energy Market –Structure


  • Energy security and sustainable energy supply are among the main policy concerns of Turkey. Turkey attributes significant importance to;

  • encouraging the energy production from renewables in a secure, economic and cost effective manner,

  • expanding the utilization of our renewable resources for generating electrical energy,

  • increasing the diversification of energy resources,

  • reducing greenhouse gas emissions,

  • making use of waste products and protecting the environment,

  • developing the related mechanical and/or electro-mechanicalmanufacturing sector.


  • Turkish Government revised the “Electricity Energy Market and Supply Security Strategy Paper” in 2009. In this paper, some targets defined related with renewables until 2023are as follows;

  • At least 30% of total electricity production from renewables,

  • The whole economically feasible hydropower potential of Turkey

  • will be provided for generating electrical energy,

  • 600 MWe geothermal energy will be implemented,

  • 20,000 MW capacity of wind power plant will be in operation,

  • Utilization of solar energy for generating electrical

  • energy will be expanded.

Strategy roadmap

Untilnow, TEIAS has confirmedconnection of around 12.5 GW WPPs. TEIAS announcedinvestmentsin transmissioninfrastructureandthuswillbe ableto deliver 1 GW eachyearstartingfrom2013 until 2020. All in all, TEIAS has declaredthatthegridconnectionwill be abletosupportthe“20 GW WPP by 2023” target of SupplySecurityStrategyPaper.

Policy and regulatory environment

Trade possibilities

Export opportunities

CurrentlyTurkey has interconnectionswithGreece, Bulgaria, Georgia, Armenia, Iran, Iraq, andSyria; however, so far importandexport

fi guresarealmostnegligible in comparisontoTurkey’soverallelectricitydemandEventually, ENTSO-E synchronizationwillincreasetheamount

traded. In 2010, Turkeyimported 1,883 GWhandexported 2,674 GWh of electricity. Themapbelowillustratestheexistinginterconnectioncapacities


Incentives provided in the new renewable energy law
Incentives provided in the New RenewableEnergyLaw

  • The New Law provides a Renewable Energy Support Mechanism ("Mechanism") which covers different incentives and benefits for renewable energy projects including feed-in tariffs (fixed minimum electricity sale prices). The New Law covers different feed-in tariffs depending on the type of the renewable energy projects as follows:

    • Turkish Lira equivalent of USD 0.073 per kWh for hydroelectric power plants,

    • Turkish Lira equivalent of USD 0.073 per kWh for wind power plants,

    • Turkish Lira equivalent of USD 0.105 per kWh for geothermal power plants,

    • Turkish Lira equivalent of USD 0.133 per kWh for biomass power plants, and

    • Turkish Lira equivalent of USD 0.133 per kWh for solar power plants.

  • The above mentioned feed-in tariffs will be applicable for the legal entities holding generation licenses which start operations during the period from 18 May 2005 to 31 December 2015 and for a period of ten years from the operation date.

  • The New Law also features further price incentives from 0,004 to 0,024 kWh for the license holders which use locally produced mechanical and/or electro-mechanical equipment/components in renewable energy facilities, for a five-year term provided that they start producing energy before the end of 2015.

Incentives provided in the new renewable energy law1
Incentives provided in the New RenewableEnergyLaw

  • Purchase guarantee and guaranteed feed price,

  • An option to make use of forested land and state-owned land to construct a renewable energy plant,

  • A 99 per cent reduction in the license application fees,

  • Exemption from annual license fee payments,

  • Ability to purchase electricity from private wholesale andgenerationcompanies,

  • Promote the manufacturing of renewable energy plant equipment in Turkey,

  • Priorityforsystemconnection,

  • Purchasingpriority,

  • Eligibleconsumers (>25000 kWh/year),

  • Renewable energy plant investments up to 500kW and micro-cogeneration plant investments are exempt from license and company establishment requirements and they can be connected to the grid,

  • WPPs lower than 10 MW capacity are exemptfrom EIA reportliability,

  • Additionalrevenue generation for renewable power projectsexists in Turkey through voluntary or verifiedemissionreductioncredits (VERs),

  • Others (localandotherministries)…

3527 MW

(93 Projects)


7571 MW


8902 MW

=20.000 MW

2027 MW


(61 Projects)

5544 MW


(147 Projects)

1800 MW


600 MW





11.098 MW

48.000 MW

Techno-economic potential

Turkish Wind Energy Sector

will show a rapid development

in the coming years.

20.000 MW

2023 Target

11.000 MW

Licensed WPP Project

1800 MW


600 MW




Dr. Yüksel MALKOÇ

TÜREB/TWEC VicePresident

[email protected]