Energy Efficiency

Turkey preparing USD 11 billion for energy efficiency by 2023

Turkey USD 11 billion energy efficiency 2023

Photo: Konevi from Pixabay


March 5, 2021






March 5, 2021





Turkey plans to lower its primary energy consumption by 14% and annual carbon dioxide emissions by 66 million tons, Deputy Minister of Energy and Natural Resources Alparslan Bayraktar said and revealed nearly USD 11 billion would be invested in energy efficiency by 2023.

The capacity of wind power plants in Turkey reached 9 GW compared to 7 GW in photovoltaics, Deputy Minister of Energy and Natural Resources Alparslan Bayraktar said at video conference Global Energy Transition and Turkey’s Energy Roadmap. In his words, the average rate of increase in renewables was 11% in the past ten years and the country plans to add 1 GW of both wind and solar every year in the next decade.

“We also have a very ambitious energy efficiency program. It includes different sectors: energy, industry, agriculture, transportation, cross-cutting sectors, buildings…” he stressed and added the government plans to invest almost USD 11 billion in the segment. In the deputy minister’s words, it would lower primary energy consumption by 14% and cut annual carbon dioxide emissions by 66 million tons.

The event was organized just ahead of today’s World Energy Efficiency Day.

Urgent action needed for decarbonization

The COVID-19 outbreak affected the energy sector amid a global economic crisis, Bayraktar stated. “The decline in energy investment eventually brings real risk to energy security and sustainability… To prioritize transformation of the global energy sector from fossil-based to zero carbon by the second half of this century and to reduce energy-related CO2 emissions, which we call decarbonization of the energy sector, requires urgent action on a massive scale,” he asserted.

The decline in energy investment eventually brings real risk to energy security and sustainability

The expansion of renewables is an essential part of Turkey’s energy transition, Bayraktar said and added the country ranks sixth in Europe and thirteenth in the world in the capacity of green electricity. However, he also highlighted the need to secure gas for the industry and households and also for power generation.

Role of gas

Natural gas is also crucial for Turkish energy markets, as well as the economy in general, according to the deputy minister. He pointed to the discovery of the Sakarya gas field, containing 400 billion cubic meters of the fuel, saying it would reduce the import bill and the current account deficit.

Bayraktar noted the share of liquefied natural gas (LNG) rose from 22%, registered in 2018, to 31% last year.

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

EU energy ministers targets renewables energy efficiency

EU energy ministers aiming at more ambitious renewables, energy efficiency targets

28 June 2022 - The Council of the EU wants to boost the renewables and energy savings targets via the Fit-for-55 package, which depends on upcoming talks

Skrekas Greece triple LNG storage renewable energy capacity

Skrekas: Greece to triple LNG storage, renewable energy capacity

27 June 2022 - Minister of Environment and Energy Kostas Skrekas said the government would mobilize over EUR 44 billion for Greece's energy sector by 2030

Austria ban gas boilers new buildings next year

Austria to ban gas boilers in new buildings in 2023

15 June 2022 - Austria is phasing out fossil fuels in heating, starting with a ban on the installation of gas boilers in new buildings from next year

MRE-GIZ-prosumers-project-june 2022

Germany’s GIZ to help Serbia make renewables available to everyone

09 June 2022 - Minister Zorana Mihajlović signed an agreement with GIZ on the Promotion of Renewable Energy and Energy Efficiency in Serbia