News

Attractiveness of Turkish market growing with renewables

Published

May 3, 2016

Comments

comments icon

0

Share

Published:

May 3, 2016

Comments:

comments icon

0

Share

Turkey, despite the problems in the surrounding Middle Eastern region, is a good country to make energy investments, according to the head of Energy Council of Foreign Investors, Anadolu Agency’s Energy News Terminal reported. Mario Diel said in an interview that domestic electricity and natural gas markets are new, developing and ripe for foreign investors to profit. He also stressed the electricity market is well organized and regulated, and added that when renewable technology and new energy developments come to Turkey, the appeal will be further enhanced.

Electricity market in Turkey is well organized and regulated, Mario Diel said.

“We started trading electricity and natural gas a few years ago, of course it is a new market, so people have to learn how to do business in Turkey. It is a big country to invest in. It has a young population as a potential workforce, and has increasing demand for more electricity generation. Turkey can be an energy trading hub in the future. Currently we see that Turkey can transfer its electricity to neighbouring countries and is also capable of energy trade with surrounding countries like Georgia, Bulgaria and Greece,” Diel said.

Related Articles

Serbia drafts just transition action plan public debate

Serbia drafts just transition action plan

30 May 2025 - The Ministry of Mining and Energy has published a draft just transition action plan and launched a public debate

Regional Power Sector Exchange Western Balkans disitribution system operator dso grids ohrid giz

Third Regional Power Sector Exchange in Ohrid: Power grids at core of energy transition

30 May 2025 - The third Regional Power Sector Exchange of the Western Balkans gathered over 80 energy professionals from the Western Balkans

Maja Maćić, Balkans Platform Head at Alcazar Energy

Maja Maćić: Alcazar Energy expands presence in Western Balkans

30 May 2025 - Maja Maćić, executive manager of Alcazar Energy, said at Belgrade Energy Forum that construction activities for some projects would start as early as this year

two solar power plants egesa enerji vojvodina

Turkish Egesa Enerji to build two solar power plants in Serbia’s Vojvodina province

30 May 2025 - Turkish company Egesa Enerji has launched a project to build two solar power plants in Vojvodina, with a total nominal capacity of 8.6 MW