Electricity

Electricity consumers in Turkey to get renewables-only tariff option

Electricity consumers Turkey renewables-only tariff

Photo: Unsplash

Published

July 8, 2020

Country

Comments

0

Share

Published:

July 8, 2020

Country:

Comments:

0

Share

Starting in August, businesses and households in Turkey will be able to buy electricity generated exclusively from renewables and the state has drafted rules for guarantees of origin so that power producers can prove the source. The government in Ankara scheduled tendering for solar power plants with an overall capacity of 1 GW for October.

Minister of Energy and Natural Resources of Turkey Fatih Dönmez revealed a special electricity tariff will be rolled out in August for consumers that choose to use only renewables. As an incentive, the government will issue certificates for those opting for the green or renewable tariff, called YETA for short, in his words.

The renewables-only tariff will be higher in the beginning, Minister of Energy and Natural Resources of Turkey Fatih Dönmez warned and added prices should recede in time

The details will be published later, the minister added and explained the system is both for households and businesses. He said he expects costs to be “somewhat high” in the early stage but that they would follow the decrease in investment costs. Dönmez highlighted the effects of subsidies and other support.

State’s annual new green power target is 1 GW

Turkey intends to commission at least 1 GW in renewables – solar and wind power systems, every year, he revealed and pointed to the advantages both for producers and consumers.

The Energy Market Regulatory Authority (EMRA) has prepared regulations for the certificates of origin for public consultation, named YEK-G. This way consumers will be aware of the source of the electricity they are buying.

The aim of the draft is to open the way for trading in the guarantees of origin in line with the European Union’s rules, local media learned and reported a new market for the certificates is opening at the Energy Exchange Istanbul (EXIST).

Power plant developers to compete for support to 74 solar power projects

The ministry said it would hold tenders for 74 solar power projects in 36 provinces from October 19 to 23. The capacity is listed in categories of up to 10 MW, 15 MW and 20 MW.

The upcoming YEKA tenders are separated into categories of 10 MW, 15 MW and 20 MW

In the Renewable Energy Resources Area (YEKA) scheme, only firms can participate and they will sign 15-year contracts for the delivery of electricity. The ceiling price is EUR 38.72 per MWh and the lowest offer wins.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

unpaid-electricty-bills-kosovo-kostt

Kosovo* allocates EUR 40 million to cover unpaid electricity bills in northern municipalities

11 August 2022 - Residents of the four Serb-majority municipalities in the north of Kosovo* have not been paying electricity bills for over two decades

SEEPEX chief Power prices Southeastern Europe EUR 500 MWh fourth quarter

SEEPEX chief: Power prices in Southeastern Europe reach EUR 500 per MWh for Q4 2022

11 August 2022 - Futures for settlement in the fourth quarter indicate an electricity price in Southeastern Europe of EUR 500 per MWh, chief of SEEPEX Miloš Mladenović said

Drought-lowers-hydropower-plant-output-Serbia-Europe

Drought lowers hydropower plant output in Serbia, Europe

10 August 2022 - The water flow in Serbia's hydropower system dropped by a half, increasing the need for electricity imports, but the situation is similar across Europe

Norway power export controls drought hydropower reservoirs

Norway to impose power export controls

09 August 2022 - Norway is preparing a framework for limiting electricity exports at times when the levels of water in hydropower accumulations are low