This market report offers an incisive and reliable overview of the wind sector of the country for the period 2013 ÷ 2018. In view of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy, Turkey represents a stable investment environment in South-East Europe with clear rules and green certificates support scheme. Current cumulative installed wind capacity in the country is growing fast and Turkey is one of the best performers amongst SEE countries for 2011 and 2012. Turkish market has good chances to reach more than 4,700 MW in the next 2 years. The report provides a complete picture of the market situation, dynamics, current issues and future prospects. You will find more than 60 pages of valuable information in this unique in-depth analysis of the Turkish wind market. With comprehensive market data this report brings clear and concise insights, to help investors in their decision making process. As 2011 and 2012 were challenging years for wind industry, the time for taking right decisions during 2013 and the next few years is limited. Fast changing market environment, requires relevant and accurate information. For your convenience we offer opportunity for orders with customized report content. You may download wind market report presentation and order from here:
http://ineaconsulting.eu/en/downloads/analysis/wind/60-turkey
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Turkey Wind Market Outlook 2013 - 2018
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2. Inea Consulting is well established renewable energy
advisory firm focused to emerging markets of Eastern
Europe, CIS countries and MENA countries.
Through its analytical arm Inea Research, the
company provides independent renewable sectors
watch, customized analysis, market outlooks and
sector studies.
What makes us different is the quality and accuracy of
information, which is interpreted in the best way to
take your investment decisions.
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3. TURKEY WIND MARKET: OUTLOOK 2013 ÷ 2018
This market report offers an incisive and reliable overview of the wind sector of the country
for the period 2013 ÷ 2018. In view of recent cuts in FIT’s announced in Germany, Spain,
France, UK, Czech Republic, Slovakia, Bulgaria and Italy, Turkey represents a stable
investment environment in South-East Europe with clear rules and green certificates
support scheme. Current cumulative installed wind capacity in the country is growing fast
and Turkey is one of the best performers amongst SEE countries for 2011 and 2012. Turkish
market has good chances to reach more than 4,700 MW in the next 2 years. The report
provides a complete picture of the market situation, dynamics, current issues and future
prospects. You will find more than 60 pages of valuable information in this unique in-depth
analysis of the Turkish wind market. With comprehensive market data this report brings
clear and concise insights, to help investors in their decision making process. As 2011 and
2012 were challenging years for wind industry, the time for taking right decisions during
2013 and the next few years is limited. Fast changing market environment, requires
relevant and accurate information. For your convenience we offer opportunity for orders
with customized report content. Reasons to buy this market report are, but no limited to:
Brief overview of the Turkish political and economic environment
Wind resource potential in Turkey
Overview of Turkish wind market development 2000 ÷ 2018
Grid connected wind installations for 2012/2013
Future market trends and planned wind projects for 2013 ÷ 2018
Current market prices of fully permitted and operational wind projects
Turkish legal and energy regulatory framework for renewable projects
Key companies and competitive landscape in wind sector
Review of most relevant financing and supporting incentives
SWOT Analysis
At next pages you will see the full table of content of this report. To order the report
just fill in and send us the enclosed at the last page order form. If you have any other
questions please do not hesitate to call us on ++359 887 342 475 or write an e-mail to
orders@ineaconsulting.eu
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4. TURKEY WIND MARKET: OUTLOOK 2013 ÷ 2018
TABLE OF CONTENTS
TABLE OF CONTENTS ....................................................................................................... 3
FOREWORD ..................................................................................................................... 7
1 METHODOLOGY .................................................................................................... 9
2 EXECUTIVE SUMMARY......................................................................................... 11
3 TURKEY POLITICAL AND ECONOMIC ENVIRONMENT ............................................ 13
3.1 Basic country data ................................................................................................... 13
3.2 Political Climate and Ruling Party ........................................................................... 16
3.3 GDP and Economic Growth ..................................................................................... 17
3.4 Electricity Imports and Exports. Electricity prices for business and households .... 19
3.5 Taxes ........................................................................................................................ 21
3.5.1 VAT ....................................................................................................................... 21
3.5.2 Income and Corporate Taxes ............................................................................... 21
4 TURKEY WIND ENERGY MARKET .......................................................................... 22
4.1 General electricity market information .................................................................. 22
4.1.1 Electricity Consumption and Production ............................................................. 24
4.1.2 RES targets ........................................................................................................... 25
4.2 Wind market............................................................................................................ 26
4.2.1 Why invest in wind energy in Turkey? ................................................................ 27
4.2.2 Turkey wind resource potential .......................................................................... 28
4.2.3 Overview of Turkey wind market ........................................................................ 29
4.2.4 Market prices for wind energy projects in Turkey .............................................. 31
4.2.5 Key development projects and operational wind power plants in Turkey ......... 31
5 EUROPEAN RENEWABLE ENERGY POLICY LANDSCAPE .......................................... 34
5.1 RES Regulations and EU Directives.......................................................................... 34
5.1.1 Precedent EU regulations .................................................................................... 34
5.1.2 Most recent EU renewable energy policy developments ................................... 35
6 TURKEY RES LEGAL AND REGULATORY FRAMEWORK ........................................... 36
6.1 Main laws and regulations ...................................................................................... 36
6.2 Support schemes ..................................................................................................... 37
6.3 Mandatory wind measurements............................................................................. 39
6.4 Competition regulation (tender procedure) ........................................................... 39
6.5 Zoning, planning and construction related authorizations ..................................... 40
6.5.1 Zoning plans procedure ....................................................................................... 41
6.5.2 Building permit (construction license) procedure............................................... 41
6.5.3 Operation License Procedure .............................................................................. 42
6.6 Environmental related authorizations .................................................................... 42
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5. TURKEY WIND MARKET: OUTLOOK 2013 ÷ 2018
6.6.1 Natura 2000 Network .......................................................................................... 43
6.6.2 Clean Development Mechanism (CDM) and Joint Implementation (JI) .............. 43
6.7 Energy law authorizations ....................................................................................... 44
6.7.1 Power Generation Licensing ................................................................................ 44
6.7.2 Grid Interconnection ........................................................................................... 45
6.7.3 Power Off-Take .................................................................................................... 45
6.7.4 Feed-in tariff (FIT) ................................................................................................ 46
6.7.5 RES Certificates .................................................................................................... 48
6.8 Financial Incentives and Support for RES electricity ............................................... 48
6.9 Future market pricing mechanisms......................................................................... 49
6.10 Key Co-financing opportunities ............................................................................... 49
6.10.1 Turkey Sustainable Energy Financing Facility (TURSEFF) .................................... 49
6.10.2 Green for Growth Fund ....................................................................................... 53
7 KEY ORGANIZATIONS AND INSTITUTIONS ........................................................... 54
7.1 Government ............................................................................................................ 54
7.1.1 The Ministry of Energy and Natural Resources (MENR)...................................... 54
7.1.2 Energy Market Regulatory Authority (EMRA) ..................................................... 54
7.1.3 General Directorate of Electrical Power Resources Survey and Development
Administration (EIE) ........................................................................................................ 54
7.1.4 Ministry of Environment and Forestry (MoEF).................................................... 55
7.1.5 Energy Efficiency Co-ordination Board (EECB) .................................................... 55
7.1.6 State Planning Organization (SPO) ...................................................................... 56
7.2 Electricity GENERATION AND ELECTRICITY Distribution Companies ...................... 56
7.2.1 TEIAS .................................................................................................................... 57
7.2.2 EUAS and PP’s ...................................................................................................... 58
7.2.3 TETAS ................................................................................................................... 60
7.2.4 TEDAS and Private DisCos .................................................................................... 60
7.3 Key wind companies operating on TURKEY market ................................................ 61
8 SWOT ANALYSIS ................................................................................................. 63
9 CONCLUSIONS .................................................................................................... 66
10 LIST OF ABBREVIATIONS ..................................................................................... 69
11 REFERENCES ....................................................................................................... 71
12 DISCLAIMER ........................................................................................................ 74
APPENDIX I. WIND MAPS OF EUROPE AND TURKEY ....................................................... 75
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