Renewable energy auctions, including for solar, are expected to restart in Türkiye. The auctions will be spearheaded by the country’s energy ministry, designed to encourage international investment in “renewable energy zones” known as YEKA.
The details of the plans have not yet been made public, with sources choosing to report anonymously.
Bloomberg reports that Türkiye plans to add 2,000 MW of green energy capacity per annum for the next 11 years, with the new clean energy drive contributing to this goal.
Furthermore, the country’s 2022-2035 National Energy Plan explains that Türkiye plans to add 3.1 GW of solar capacity and 1.4 GW of wind capacity per annum.
Encouraging construction
The country’s capital, Ankara plans to increase its clean energy generation to 52.9 GW by 2035, from 9.5 GW in 2022. The goal for BESS is 7.5 GW by 2035.
This will be achieved in part with the European Bank for Reconstruction and Development’s (EBRD) support, issued in March, which will help Ankara to decarbonise its steel, cement, aluminium, fertiliser industries and more.
Türkiye’s energy ministry is additionally considering incentivising companies with currently unused solar and wind plant licences.
This is with the aim of kickstarting construction, as underutilised capacity has prevented investors from entering the market – according to research firm Ember:
“Because of limited grid capacities, some auctions have turned into a race to win. As a result, some projects haven’t even entered the construction phase.”
The UAE initially promised to provide $30bn of energy investment to Türkiye in July 2023, but a detailed plan has not yet been announced.
