Driving wind power development forward in Turkey and Southeast Europe
Istanbul, Turkey: 8-9, December 2009
There is huge growth potential for wind power in Turkey and Southeast Europe (SEE). This key regional event will examine the current and future wind power markets in Turkey and the SEE region, with in depth analysis and country case studies.
  
Endorsed by: The Turkish Wind Energy Association
Endorsed by: The British Chamber of Commerce of Turkey (BCCT)
Sponsor: ALSTOM, RES Energy
Media Partner: HURRIYET Daily News
Legal Partner: ALCAN Law Firm
MJ works with major international developers and investors (like EDP Renewables, RES, Martifer Energy, Galp Energy, Enersis and Energi E2 (now EON) etc…)
Green Power Conferences events stand out for the unparalleled number of operators, utilities, government and regulatory bodies we attract and the level of detail and knowledge reflected in our event programs.
Introduction
There is huge growth potential for wind power in Turkey and Southeast Europe (SEE). This key regional event will examine the current and future wind power markets in Turkey and the SEE region, with in depth analysis and country case studies.
- Turkey is the 6th largest electricity market in Europe and one of the fastest growing
- globally. The Turkish government and authorities have made a strong push for increased electricity production from renewable sources and are increasingly promoting wind power to bolster the country’s power supply
- Turkey is the emerging market destination for wind power investments and is also a rapidly growing economy
- This potential room for investment and development appears to be huge and growing, as new wind energy projects, and ideal conditions to harness wind energy are helping Turkey pioneer this sustainable form of energy.
- Amongst the top five fastest growing wind markets, Turkey and Hungary are on the list
Steve Sawyer, Secretary General for the GWEC, said he expects to see a boom in Turkey before the other emerging markets in Europe. The country's rapidly-growing economy, tremendous wind resources and a government that's greening up to enhance its bid to join the European Union, has contributed to the speedy growth of wind power in Turkey, he said.
 
 Wind Energy in Turkey
For more information regarding potential investment opportunities in the Turkey energy market, a law firm should be consulted.
Turkey has a considerable potential for electricity generation from wind. A study carried out in 2002 concluded that Turkey has a theoretical wind energy potential of nearly 90,000 MWe and an economical wind energy potential of about 10,000 MWe. The most promising region is in northwest Turkey, including the area around the Sea of Marmara. Turkey is now encouraging the construction of BOT wind power plants by private power developers. The first wind power facility in Turkey, the Ares wind farm, was commissioned in November 1998, and is located near the city of Izmer in western Turkey. That facility has 12 wind turbines for a total capacity of 7.2 MWe, and is owned by Gucbirligi Holding, Inc. The Bozcaada wind farm, also near Izmer, went into operation in 2000; it has 17 turbines for a total capacity of 10.2 MWe, and is owned by Demirer Holding, Inc.
Turkey has a goal of deriving 2% of its electricity from wind power. In 2000, the Government of Turkey had offered a tender for up to 390 MWe of electricity from windpower. About 25 potential sites for windpower projects had been identified and were undergoing evaluation, but the tender was canceled as part of the IMF-induced economic policy changes. Without the full sovereign guarantees that would in effect result in government subsidies to offset the relatively high expected cost of the power produced, none of 17 windpower projects that had received their BOT approvals have proceeded.
 Turkey Energy Market
 Current installed capacity : 147 MW
License issued : 1,374 MW
Max. probable wind capacity of the Grid* : 2100 MW
Max. Estimated new capacity addition : 579 MW
As per the new Grid Code, Wind energy generation must not exceed 5% of the whole installed generation capacity. Based on 42,000 MW capacity today, the max probable wind capacity is 2100 MW. This figure is likely to increase as grid grows in future.
- New Law and regulation is enacted to encourage private investment. Currently accepted incentives are10 years buying guarantee by State utility at a fix price of 0.055 Euro per kwhrs and land ownership ease.
- Note that some investment incentives and customs tax immunity are already applied to renewable energy investments and spot market sales is exempt from TRT fee.
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