The energy industry in Turkey

Turkey is one of the fastest growing energy markets in the world, following its economic growth over the past decade.

The energy industry in Turkey

Turkey is one of the fastest growing energy markets in the world, following its economic growth over the past decade. It is built on the successful privatization programs implemented in that period – the distribution of electricity is now entirely in the hands of the private sector while the privatization of assets for the generation of electricity is to be completed within the next few years. This gives the Turkish energy sector increased competitiveness and new horizons for growth.

Economic expansion, rising per capita income, positive demographic trends and the rapid pace of urbanization were the main drivers of energy demand, which is estimated to grow at six percent per year until 2023. The current 70 GW of installed capacity of electricity should reach 120 GW by 2023, so as to meet the growing demand in the country. As part of its efforts to provide sustainable and reliable energy to consumers, Turkey offers investors favorable incentives such as feed-in tariffs, shopping guarantee priority access, licensing exemptions, etc., depending on the type and capacity of power equipment.

in the last decade, the Turkish government has made important reforms in the field of energy, towards private participation and thereby create a healthier competitive environment in the energy market. Privatization of generators to produce energy, together with the strategy of opening the way for more private investment is to increase private participation in the electricity sector, from 32 percent in 2002 to 75 percent in 2015. The next step is the creation of the Turkish government energy exchange. Once operational, will not only market liberalization but also ensure transparency and maintain a healthy balance between supply and demand.

In addition to the large domestic market, Turkey is in a strategic position between several major suppliers and consumers of energy, and thus serves as a regional energy hub. Existing and planned oil and gas pipelines, critical of the Turkish Straits and the promising findings of hydrocarbon reserves give Turkey a growing influence over energy prices and strengthen its position as an energy gateway gateways.

Opportunities for renewable forms of energy – water, wind, solar, geothermal and others – are Turkey rich, as policy support purchase prices are expected in the coming years will significantly increase its share in the national network. The Turkish government established a priority to increase the share of renewable energy in the total installed capacity of the country to 30 percent by 2023, in line with the concept of energy efficiency by adopting laws which provide guidelines for energy efficiency.

Just as important as renewable energy, are Turkey’s energy strategy for the coming years crucial technologies in related areas such as waste treatment and reduction of greenhouse gas emissions. Maintaining the level of environmental resorting to renewable resources is accompanied by a series of policies and regulations that are either currently in effect or will take effect in the near future – reducing carbon emissions, improving efficiency and promoting the use of technology waste management.

The sum of these factors has the profound impact on the energy sector in Turkey and turned it into one of the most attractive investment destinations in the world. In accordance with the regulations for investors pleasant and high demand growth, the Turkish energy sector becomes more vibrant and competitive. Attracting the attention of more foreign investors for each part of the production chain all energy subsectors.

The total investment needed to meet expected energy demand in Turkey in 2023 is estimated at around USD 110 billion, which is more than double the total amount invested in the last decade.

An ambitious vision of Turkey for 2023:

  • Increase total installed capacity of 120 GW.
  • Increasing the share of renewables to 30 percent.
  • Maximizing utilization of water energy.
  • The increase in installed capacity based on wind power to 20,000 MW.
  • The installation of power plants, which will provide 600 MW of geothermal and 5000 MW of solar energy .
  • Extending the length of transmission lines to 60,717 km.
  • Achieving a unit capacity of the energy distribution of 158,460 MVA.
  • Extending the use of intelligent networks.
  • Increasing natural gas storage capacity to 5 billion cubic meters.
  • The establishing of energy exchanges.
  • Putting into operation of nuclear power stations (two operating nuclear power plants, with a third under construction).
  • The increase in installed capacity of coal power from the current level of 14.5 GW to 30 GW.

Source: Deloitte

The energy industry in Turkey

The history of Bohemia vs Moravia rivalry

Where did it all start? History teaches us that there was the guy called Samo…

In order to explain the origin of  the bohemian vs Moravian rivalry, we decided to create this short article. We hope it will be both educative and interesting for all expats and visitors of our country.

Where did it all start? History teaches us that there was the guy called Samo, who founded the first state the Samo´s Empire in 623 A.D. Thence the uniting of many Slavonic tribes gave birth to mighty Great Moravian Empire. Let us stop here for the moment. Nowadays our country is divided into two smaller parts – Bohemia and Moravia. Bohemia means Czech in our language (it is the same word = Čechy) and you can understand that Bohemia is more important with the capital city of Prague. But from history, the Moravia was the original  country in these lands (with Brno, the biggest Moravian city and the rival to Prague). This was the origin of rivalry between left and right part of the country. On the other hands we are still one nation and we fight for our country in international matters under one flag and anthem. 

Insights from Amper fair 2016

This fair is like a window to the future. It combines automatization, electricity, software innovation and people effort to make life easier with environmental friendly attitude. More than 600 exhibitors from 22 countries took part in Brno this year.

One month after Salima fair our mission continued on Amper fair. This event is our “traditional” one because it was the third time that ČSTOK organized a workshop there.

This fair is like a window to the future. It combines automatization, electricity, software innovation and people effort to make life easier with environmental friendly attitude. More than 600 exhibitors from 22 countries took part in Brno this year.

The workshop itself was on Thursday afternoon in pavilion P. The experienced chamber team presented topics connected to the electro-technical industry in Turkey and its recent progress. Companies like Honeywell or VUES Brno s.r.o. attended and got introduced to the Turkish issues. Bits and pieces from Amper

Bits and pieces from Amper

  • We met with our friends from Galvito company, that invented the heating table for restaurants, pubs, and promotional usage.
  • We saw the 100% electricity bus and a lot of electrified cars like Tesla, Nissan, BMW or homemade Škoda.
  • Golden Amper awards were won by Siemens and ABB companies
  • The original motto of the Amper fair “For brave men” was because of the women complaints changed to “For the brave and curious”.
  • IMAG2531Amper fair 2016