During the last quarter of 2022, there was a new update on the legislative frame of the energy sector in Turkey, triggering new promising opportunities for renewable energy and energy storage.
Currently, Turkey is Europe’s 6th largest electricity market with a 100 GW installed capacity. Turkey is the 13th in the world in wind energy capacity and 16th in the world in solar energy capacity, in conclusion, 54 percent of total installed capacity is coming from renewable power plants.
Driven by the before mentioned background, new market opportunities are rising in Turkey due to changes in the regulatory framework of renewable energy.
The new rules will allow storage facilities to operate in combination with unlicensed power plants. These plants will be allowed to increase their wind or solar capacity up to the installed power of the storage facility. In this case, Turkey has already taken action, enabling the developers of energy storage systems to add wind and solar power capacity.
‘’Simplifying the procedure for adding photovoltaic and wind power capacity to storage facilities has turned the energy sector around, according to Turkey’s chief regulator.’’
Mustafa Yilmaz, President of the Energy Market Regulatory Authority (EMRA).
“Let’s turn our backs to the wind. You won’t get tired if you take the wind in your back. We will also turn our faces to the sun.”
Mustafa Yilmaz, President of the Energy Market Regulatory Authority (EMRA).
The government will start verifying the first energy storage projects in the middle of 2023.
In conclusion, the regulatory framework of the energy sector is being adapted further to accommodate energy storage applications that enable the management and addition of new renewable energy capacity, while mitigating grid capacity constraints.
