The Energy and Natural Resources Minister, Fatih Dönmez, stated that developments in the renewable energy sector have graced this year. Dönmez explained in a virtual meeting concerning the IICEC Turkey Energy Outlook 2020: Turkey Energy Summit Special Launch that Turkey has heeded the measures to realize renewable energy development and consumption. He expressed his gratitude to the Renewable Energy Resource Zones (YEKA) contracts and productions that were free from licensing, which facilitated the realization of these objectives.
Dönmez emphasized that renewable energy shares have increased to surpass 50% in the installation programs. The shares of power generated from the renewable energy sector approached 50% while those of the other energy sources plummeted in the pandemic period.
According to the minister, the capacity of renewable energy installed in Turkey is equivalent to what is in 17 European Union countries. Solar and wind energy increment in Turkey is also attributable to the country’s incessant efforts in pursuing advanced technology. Dönmez added that they have developed new ventures after pursuing renewables, including the production and development of electric vehicles and their hybrids.
Statistics in the IICEC Turkey Energy Outlook 2020 report revealed that the country could pursue two paths to ensure they realize the country’s potential in generating renewable energy. The agency outlines that shares of renewable energy and nuclear power will grow to 58% while the other technique reveals an increase to 75%.
Databases reveal that natural gas will come out of the local resources to meet the country’s demands by a third. The report projects wind and solar energy to reach 36% in meeting the electricity demands in the next two decades. This move would mean the energy supply would be achievable by local means instead of import-based mechanism.
The IICEC Turkey Energy Outlook 2020 report outlines a yearly investment of $8 billion to meet the technological demands that will realize electricity generation from this sector. Dönmez emphasized that baseload energy plants will continue to serve the country despite the ongoing investment in clean energy infrastructure and programs.
Turkey and Russia signed an agreement that will ensure the development of a nuclear power plant in Turkey. The energy minister reiterated that it would be important to develop natural gas resources to explore the newly discovered gas reservoirs’ potential in the Black Sea. Finally, Dönmez revealed that Turkey intends to develop a charging infrastructure to facilitate the production of electric vehicles in the country.