# Presentation: 174199

## PowerGen Renewable EnergyLas VegasMarch 1-3, 2005

- Renewable Energy Opportunities
- In Turkey
- By Serdar Cetinkaya

## Renewable Energy Opportunities in Turkey

- Who are we?
- U.S. Commercial Service
- In the American Embassy in Turkey
- Energy Specialist
- Our mandate is to help U.S. Companies export (in this case to Turkey)
- Many services waiting for you...

## Renewable Energy Opportunities in Turkey

- Turkey is a large country with 70 million population, 2nd largest population in Europe after Germany
- 16th largest economy in OECD countries
- The largest economic growth in OECD in 2004
- Strategically located in Europe and Asia (Eurasia)
- Access to Europe, Central Asia and
- 	Middle East

## Renewable Energy Opportunities in Turkey

- Turkey's Wind Energy Potential is large, approx. 88,000 MW (Aegean Sea & Marmara Sea Coasts)
- Turkey’s economic wind energy potential is 10,000 MW
- 40 new wind farm projects at about 1,400 MW
- 	obtained license as IPP
- Turkey's total Hydroelectric Potential is
- 	50,000 MW (already 30% power generation from hydro)

## Renewable Energy Opportunities in Turkey

- Turkey's Geothermal Energy Potential is 35,000 MW
- 	(Some small generation already exists)
- Turkey's Solar Energy Potential:  2,640 sunshine hours, average solar intensity is 3.6 kWh/m2, solar energy potential: 35 Mtoe. (Mediterranean climate)
- Biomass, Waste to Energy unexplored.
- 	(Agricultural country & some methane gas project development as a result of municipal waste.)

## Renewable Energy Opportunities in Turkey

- Turkey's current energy generation demand of 150,000 GWh expected to grow to 240,000 GWh in 2010 (60% increase), 350,000 GWh in 2015 (133 % increase)
- This means a few billion dollars of investment each year in the power generation sector.

## Renewable Energy Opportunities in Turkey

- A lot of interest by the Turkish private sector in the renewable energy (over 1000 MW of renewable energy projects)
- Most Turkish companies are seeking for U.S. investors and U.S. equipment suppliers with financing.
- The World Bank (IFC) approved over USD 200 million renewable energy projects.

## Renewable Energy Opportunities in Turkey

- A draft law for the encouragement of renewable energy generation is in the Parliament, waiting to be approved.
- This law will need to be approved as part of the potential accession of Turkey to EU.
- The law enforces electricity retail companies to buy 8 % of their annual electricity sales from renewable energy generators.

## Renewable Energy Opportunities in Turkey

- This enforcement will go into effect for the public utilities from Jan 1, 2006 if this draft law is accepted.
- The average price of the electricity to be purchased from renewable generators will be higher than the average market price (expected to be over 5 cents per kWh)

## Renewable Energy Opportunities in Turkey

- Public utilities are expected to be privatized during 2005-2006
- Already public utilities provide buying guarantee from all wind power plants and up to 50 MW hydropower plants.
- Currently, the public utilities purchase electricity from the renewable energy generators at 10% lower than the average wholesale market price
- Average wholesale market price is 6 cents per kWh currently.

## Renewable Energy Opportunities in Turkey

- Hydroelectric power generation dominates Turkey's renewable energy generation.
- One of the major hydro generation projects is Southeast Anatolia Project (GAP), which is an integrated hydroelectric and irrigation project.
- The GAP project is situated in the lower reaches of Euphrates and Tigris rivers.
- The project covers an area of almost 74,000km2, equaling the one-tenth of Turkey's total land surface.
- Upon completion, GAP will include 21 dams, 19 hydropower plants and a network of tunnels and irrigation canals and pipes.