Still, fossil fuels continue to drive Turkey’s economy, with a heavy dependency on imports, especially oil and gas (93% and 99%, respectively). The commissioning of Turkey’s first nuclear power facility in 2023 will further diversify the country’s fuel mix.
In particular, renewable energy has staged impressive growth, with renewable electricity generation tripling in the past decade. Notably, Turkey has seen considerable diversification of its energy mix in the past decade. These reforms have included measures targeted at modernisation, liberalisation and increased domestic production capacity, including through more private and foreign investments. As a result, Turkey has pursued a restructuring of its energy system with the aim of rationalising energy demand growth, lowering energy prices for consumers and slowing the pace of import growth. Rapid economic and population growth in the past two decades have not only driven strong growth in energy demand, but also an associated increase in import dependency. Since the 2016 IEA in-depth review of Turkey, the guiding principles of Turkish energy policy continue to be market reform and energy security. In this report, the IEA provides energy policy recommendations to help Turkey smoothly manage the evolution of its energy sector. Notwithstanding many the positive changes Turkey has made toward liberalising its energy markets and diversifying its energy sources, the government should ensure that policies in place to bolster energy security – including growth in coal-fired generation and support for various forms of electricity generation – do not impede the economic efficiency of markets and the country’s longer-term decarbonisation efforts. Turkey has seen considerable diversification of its energy mix in the past decade, in particular through the growth of renewable electricity generation. Turkey has prioritised security of energy supply as one of the central pillars of its energy strategy, including efforts to boost domestic oil and gas exploration and production, diversify oil and gas supply sources and associated infrastructure, and reduce energy consumption through increased energy efficiency. Rapid economic and population growth in the past two decades have not only driven strong growth in energy demand but also an associated increase in import dependency. The guiding principles of Turkish energy policy continue to be market reform and energy security. This process supports energy policy development and encourages the exchange of international best practices and experiences.
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Thinkific: Ever feel like a record on repeat with 1-on-1 coaching? That’s what’s great about online courses – take your knowledge and turn it into an online program! Get started with Thinkific for free at Thinkific.The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries.
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