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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 ,

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EmergingEuropeanMarkets: Resilient in thecrisis? Policies, Markets & Programmes

Dr. Yüksel MALKOÇ

TWEA VicePresident

  • Turkey’scurrentfinancialoutlook,
  • Demandgrowthandsupplydevelopment,
  • Windpotentialandcapacitydevelopment,
  • Policyandregulatoryenvironment of therenewableenergy market,
  • Currentwindprojectsandotherinvestmentareas in thewind market.
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.

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.

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]