Latest ankara energy storage subsidy policy

What is Turkey's energy policy?

In this report, the IEA provides energy policy recommendations to help Turkey smoothly manage the evolution of its energy sector. Since the 2016 IEA in-depth review of Turkey, the guiding principles of Turkish energy policy continue to be market reform and energy security.

What are the new energy grid regulations in Turkey?

The new provisions, which have been in force since May 9, when they were published in the country's official journal, are aimed at implementing the primary legislation for the grid connection of energy storage systems that was issued by the Turkish authorities in February 2020.

How big is Turkey's solar storage market?

The Turkish storage market may reach a size of 1 GWh per year within the next two years. Turkey has currently around 7 GW of installed solar power. Turkey's government has introduced secondary legislation establishing the procedures and principles to install storage energy systems.

Does Turkey offer feed-in tariffs for renewable power plants?

Under the Renewable Energy Support Mechanism (YEKDEM), Turkey offers feed-in tariffs for renewable power plants, including wind, solar, biomass, hydro and geothermal. Additional support is provided if plant components are manufactured in Turkey.

What is Turkey's energy strategy?

Turkey has prioritised security of energy supply as one of the central pillars of its energy strategy, including efforts to boost domestic oil and gas exploration and production, diversify oil and gas supply sources and associated infrastructure, and reduce energy consumption through increased energy efficiency.

How does the IEA help Turkey manage its energy sector?

In this report, the IEA provides energy policy recommendations to help Turkey smoothly manage the evolution of its energy sector. The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries.