Energy in Turkey

Turkey's installed wind energy capacity reached 10,010 megawatts (MW) as of Aug. 8, according to data Turkey's Electricity Transmission Corporation (TEİAŞ) released on Aug. 10. 

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The country's installed electricity capacity reached 98,800 MW, while clean electricity capacity totaled 51,900 MW during the January to July period of this year.

Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year, according to data released by the Turkish Statistical Institute (TÜİK) on July 30.

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The overall energy import bill soared last month due to an increase in the country's industrial production.

The share of wind and solar electricity generation in Turkey in the first half of the year has steadily grown to 12.9 percent, ranking Turkey 17th among European countries, a new report from Ember, a London-based think tank said 

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Natural gas imports increased to around 4.72 billion cubic meters (bcm) from approximately 2.63 bcm for the same month of 2020, Turkey's Energy Market Regulatory Authority (EMRA) said in its monthly natural gas market report.

The inauguration ceremony of Turkey's first publicly-owned floating LNG storage and gasification vessel (FSRU) "Ertuğrul Gazi" will be held on June 25, presided over by Turkish President Recep Tayyip Erdoğan, the Energy and Natural Resources Minister Fatih Dönmez announced on June 23.

Turkish Petroleum Corporation (TPAO) and the State Oil Company of the Azerbaijan Republic (SOCAR) could work together in field development and production of Turkey's giant gas discovery in the Black Sea, Vagif Aliyev, deputy chairman of SOCAR Turkey told reporters.

SOCAR has been investing and collaborating with Turkish Petroleum Corporation since 1994.

Any opportunity to reduce import dependence will be considered a big success, and Turkey's latest natural gas discovery cumulating in 540 billion cubic meters of reserves will help, according to Thomas Purdie, a research analyst at Wood Mackenzie.

Turkey's gas discovery of 540 billion cubic meters (bcm) with a market value over $100 billion will be open for trading under the name 'Black Sea Gas Contract' in Turkey's future gas market which will launch on Oct. 1 in Istanbul, Mustafa Yılmaz, head of Turkey's Energy Market Regulatory Authority (EPDK) told Anadolu Agency on June 9. 

Turkey is open to the option of drilling another exploratory well in the Black Sea this year following the discovery on Friday of 135 billion cubic meters of gas in the Amasra-1 well, Turkey's Energy and Natural Resources Minister Fatih Dönmez said on June 7.

Energy and Natural Resources Minister Fatih Dönmez has said that another exploratory natural gas well could be drilled in a field in the south or west of the Sakarya Gas Field in the Black Sea this year.