ENERMET. Enerji Meteoroloji Mühendislik ve Müşavirlik Anonim Şirketi

Size: px
Start display at page:

Download "ENERMET. Enerji Meteoroloji Mühendislik ve Müşavirlik Anonim Şirketi"

Transcription

1

2 Table of Contents Table of Content 2 List of Tables.4 List of Figures 4 List of Abbreviations 5 1 Executive Summary..6 2 Turkey Wind Power Market 8 2.1Turkey s Strategic Location Terrain and Operation Conditions Turkish Market Development Turkish Energy Market Installed Wind Power Capacity of Turkey Main Market Players Market Architecture and Turkish Energy Legislation Brief History of Licensing in Turkish Wind Energy Sector Energy Market Legislation Renewable Energy Law Local Content and Power Purchase Rates Former Tender Results of WPP Projects WTG Purchase Procedure Wind Power Project Development Steps WTG Types Applicable to Market EPC Budgetary Prices Standarts and Norms for WTG References

3 List of Tables Table 1: Current Installed Capacity...11 Table 2: Provincialpre-license application figures...14 Table 3: Wind turbine tower manifacturers in Turkey Table 4: Blade manufacturer Table 5: Civil contractors in Turkey Table 6: Lifting contractors in Turkey Table 7: Transportation contractors Table 8: Brief license applicationhistory of Turkey Table 9: Power Purchase Rates for 10 Years of Operation Table 10: Wind Energy Generation Facility Table 10: Budgetary WPP cost scheme in terms of percentage Table 11: Standards

4 List of Figures Figure 1: Turkey Wind Atlas..9 Figure 2:Turkey Wind Power Intensity Map for 100 m. 9 Figure 3: Annual mean rainfall map for Turkey...10 Figure 4:Long term average thunderstorm likelihood values of Turkey..10 Figure 5: Cumulative Installations for WPP in Turkey as per TWEA 2016 report Figure 6: Regional Distribution of Operational WPPs Figure 7: Investors according to Installed Capacity for Operational WPP Figure 8: Investors according to Installed Capacity for Under Construction Figure 9:Regions According to WPPs Under Construction Figure 10: WTG Market in Turkey Figure 11: Turbine Manufacturers According to WPPs UnderConstruction Figure 12:Wind power project development process Figure 13:Time basis wind power project development process

5 List of Abbreviations A.S. B.O.O. B.O.T. EMRA ENERMET EPC EU MENR PPR TEIAS TEDAS TMS TWEA WPP WTG YEGM : Anonim Sirket (Joint Stock Company) : Build-Own-Operate : Build-Operate Transfer : Energy Market Regulatory Authority : Enermet Enerji Meteoroloji Muhendislik ve Musavirlik A.S. : Engineering Procurement Construction : European Union : Ministry of Energy and Natural Resources : Power Purchase Rate : Turkish Electricity Transmission Corporation (Turkiye Elektrik Iletim A.S.) : Turkish Electricity Distribution Company (Turkiye Elektrik Dagitim A.S.) : Turkish Meteorological Service : Turkish Wind Energy Association : Wind Power Plant : Wind Turbine Generator : General Directorate of Renewable Energy 5

6 1. EXECUTIVE SUMMARY As of February 2016, Turkey current total installed capacity is approx. 73 GWof which wind has a share of 6.2%. This corresponds to aninstalled wind capacity of MW at the end of February It is a mature market and many experienced contactors can be found within Turkey for transport, installation, civil scope, etc. The EPC concept is not widely applied for wind farms; the usual concept is a lot by lot purchase with the wind turbine being ordered including its installation and commissioning. The local production of wind turbine components is promoted through the provision of a surplus additional feed-in rate for the wind farm operator. Turbine manufacturers without local manufacturing must overcome this disadvantage with price discounts on the turbine price. Turkey s ambitious vision for 2023, the centennial foundation of the Republic, envisages ambitious targets for the energy sector in Turkey. These targets include: Lifting up installed power to MW Increasing the share of renewable up to 30 percent Increasing wind power installed capacity from current MW to MW The above goal can only be reached, if on average about 2 GW of additional wind capacity is installed per year until This is more than twice the current annual increment.it relates to a total investment volume of approximately USD 20 billion until Turkey is following the international set of norms and standards. Thus compliance to the relevant IEC norms is mandatory and sufficient for wind turbines to be sold and installed in Turkey. 6

Financing Wind Energy in Turkey. Emre Hatem Head of Project & Acquisition Finance Garanti Bank

Financing Wind Energy in Turkey. Emre Hatem Head of Project & Acquisition Finance Garanti Bank Financing Wind Energy in Turkey Emre Hatem Head of Project & Acquisition Finance Garanti Bank DISCLAIMER This document has been drafted with an informative purpose, having the information contained herein

More information

welcome! Turkish Renewable Energy Market Rome 29 th April 2015 Levent Çelepçi

welcome! Turkish Renewable Energy Market Rome 29 th April 2015 Levent Çelepçi welcome! Turkish Renewable Energy Market Rome 29 th April 2015 Levent Çelepçi Turkish Map 65,000,000,000 Dollars Current Deficit Overview Turkish Electricity Market-Growth Potential Turkey s importance

More information

www.tte.com.tr 3 RE ELEKTRİK ENERJİSİ YATIRIMLARI A.Ş.

www.tte.com.tr 3 RE ELEKTRİK ENERJİSİ YATIRIMLARI A.Ş. www.tte.com.tr 3 RE ELEKTRİK ENERJİSİ YATIRIMLARI A.Ş. JUNE 2013 ABOUT US BRIEFLY 3 RE ABOUT US 3 RE ELEKTRİK ENERJİSİ YATIRIMLARI A.Ş. IS ESTABLISHED IN ORDER TO PROVIDE CONSULTANCY SERVICES IN PROJECT

More information

RENEWABLES INTEGRATION IN TURKISH POWER SYSTEM

RENEWABLES INTEGRATION IN TURKISH POWER SYSTEM RENEWABLES INTEGRATION IN TURKISH POWER SYSTEM Kazim SENOCAK Electrical Engineer Research, Planning & Coordination Department TURKISH ELECTRICITY TRANSMISSION CORPORATION () www.teias.gov.tr MAIN RESPONSIBILITIES

More information

RENEWABLE INTEGRATION IN TURKISH POWER SYSTEM

RENEWABLE INTEGRATION IN TURKISH POWER SYSTEM RENEWABLE INTEGRATION IN TURKISH POWER SYSTEM Nurhan OZAN Transmission Planning & Coordination Manager Research, Planning, Coordination Department TURKISH ELECTRICITY TRANSMISSION CORPORATION () www.teias.gov.tr

More information

Renewable Energy Solutions

Renewable Energy Solutions Renewable Energy Solutions About Us Mission, Vision and Management Approach Business Segments Energy Solar Power Plants (SPP) Hydroelectric Power Plant (HPP) Wind Power Plant (WPP) EPC (Engineering, Procurement

More information

THE TURKISH RENEWABLE ENERGY LAW: STILL HUNGRY I. INTRODUCTION

THE TURKISH RENEWABLE ENERGY LAW: STILL HUNGRY I. INTRODUCTION THE TURKISH RENEWABLE ENERGY LAW: STILL HUNGRY By Mehtap Yildirim Öztürk and Çagdas Evrim Ergün ε Turkey has recently enacted its first renewable energy law, namely Law No. 5346 Concerning the Use of Renewable

More information

RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey

RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey THE UNION OF CHAMBERS AND COMMODITY EXCHANGES OF TURKEY RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey 17.April 2012 Gökmen Topuz Energy Council Vice Chairman INDEX Turkish Energy

More information

A Reviewof AkkuyuNPP Project in Turkey After Fukushima Daiichi Accident

A Reviewof AkkuyuNPP Project in Turkey After Fukushima Daiichi Accident A Reviewof AkkuyuNPP Project in Turkey After Fukushima Daiichi Accident The Technical Meeting onevaluation Methodology of the Status of National Nuclear Infrastructure Development and Integrated Nuclear

More information

Renewable Energy Turkey

Renewable Energy Turkey Renewable Energy Turkey Opportunity? Embassy of the Kingdom of the Netherlands Turan Gunes Bulvari, Hollanda Caddesi No. 5, Yildiz/ Ankara October, 2015 Prepared by Derya Kaplan, economic and commercial

More information

Meşrutiyet Cad. No. 98 D. 10 Beyoğlu, Istanbul / Turkey Tel: +90 212 251 15 00 Fax: +90 212 251 15 01 A REGULATORY UPDATE. New Electricity Market Law

Meşrutiyet Cad. No. 98 D. 10 Beyoğlu, Istanbul / Turkey Tel: +90 212 251 15 00 Fax: +90 212 251 15 01 A REGULATORY UPDATE. New Electricity Market Law Meşrutiyet Cad. No. 98 D. 10 Beyoğlu, Istanbul / Turkey Tel: +90 212 251 15 00 Fax: +90 212 251 15 01 http://boden-law.com A REGULATORY UPDATE New Electricity Market Law ELECTRICITY MARKET LAW PASSED BY

More information

Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency

Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency RENEWABLE ENERGY INDUSTRIAL ENERGY EFFICIENCY BUILDING ENERGY EFFICIENCY Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency A RANGE OF FINANCIAL SUPPORT

More information

FLANDERS INVESTMENT & TRADE MARKET SURVEY

FLANDERS INVESTMENT & TRADE MARKET SURVEY B A W E N E R I Y G R E N E LE Y E K R U NT FLANDERS INVESTMENT & TRADE MARKET SURVEY RENEWABLE ENERGY IN TURKEY December 2014 Prepared by: Ezgi Çeri Fidan, Trade Consultant, Flanders Investment & Trade,

More information

Electricity in Egypt

Electricity in Egypt T: (+20) 2 3760 4592 F: (+20) 2 3760 4593 A: 16 Hussein Wassef Street, Messaha Square Dokki, Giza, Egypt 12311 www.ide.com.eg Electricity in Egypt Policy and Regulatory Reform November 2015 Electricity

More information

Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA)

Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Oct. 2012 Institutional framework: Establishing NREA (1986) The national focal point to develop and introduce

More information

INVESTING ON RENEWABLE ENERGY IN ALBANIA

INVESTING ON RENEWABLE ENERGY IN ALBANIA INVESTING ON RENEWABLE ENERGY IN ALBANIA Introduction Who We Are Ayen Energy Group Our Investment in Albania Why We have Choosen to Invest in Albania Conclusion Turkey s Leading Energy Company One of the

More information

PROJECT FINANCE RE PROJECTS

PROJECT FINANCE RE PROJECTS PROJECT FINANCE RE PROJECTS TURKEY S RENEWABLE MARKET RE regime in Turkey sparked in 2001 when the Electiricity Market Law authorised the EMRA (Energy Market Regulatory Authority) to take measures to promote

More information

Akkuyu Nuclear Power Plant the first NPP plant configured on BOO principles

Akkuyu Nuclear Power Plant the first NPP plant configured on BOO principles Rosatom state nuclear corporation Akkuyu Nuclear Power Plant the first NPP plant configured on BOO principles Turkey MENA Nuclear Industry Congress 2013 Akkuyu NPP Power Generation JSC Istanbul June 18-19,

More information

Future of Renewable Energy in Egypt

Future of Renewable Energy in Egypt Future of Renewable Energy in Egypt Mohamed Salah ElSobki (Jr) Executive Chairman New and Renewable Energy Authority (NREA) Ministry of Electricity and Renewable Energy (MoE&RE) Energy market motivations,

More information

Passion for Offshore. Wind Power & Renewables Division Market Unit Offshore

Passion for Offshore. Wind Power & Renewables Division Market Unit Offshore Wind Power & Renewables Division Market Unit Offshore Passion for Offshore - Frank Zimmermann, Head of Sales - 5 th British Chamber Conference on Renewable Energy, Hamburg, siemens.com/answers Siemens

More information

Turkey Promulgates Renewable Energy Regulations

Turkey Promulgates Renewable Energy Regulations September 28, 2011 Turkey Promulgates Renewable Energy Regulations Turkey's Ministry of Energy and Natural Sources (the "Ministry of Energy") and Energy Market Regulatory Authority ("EMRA") promulgated

More information

Finding a green engine for economic growth China s renewable energy policies

Finding a green engine for economic growth China s renewable energy policies Low Carbon Green Growth Roadmap for Asia and the Pacific CASE STUDY Finding a green engine for economic growth China s renewable energy policies Key points China s renewable energy industry has been elevated

More information

Renewable Energy in Egypt

Renewable Energy in Egypt Renewable Energy in Egypt Mohammed Mostafa El-Khayat New and Renewable Energy Authority mohamed.elkhayat@yahoo.com Renewable Energy in Egypt, June 8, 2015, Abu Dhabi, UAE Contents Electricity Sources in

More information

REGULATORY REFORM IN ELECTRICITY, GAS AND ROAD FREIGHT TRANSPORT

REGULATORY REFORM IN ELECTRICITY, GAS AND ROAD FREIGHT TRANSPORT OECD REVIEWS OF REGULATORY REFORM REGULATORY REFORM IN TURKEY REGULATORY REFORM IN ELECTRICITY, GAS AND ROAD FREIGHT TRANSPORT ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT ORGANISATION FOR ECONOMIC

More information

Renewable Energy Promotion Policies in Chinese Taipei

Renewable Energy Promotion Policies in Chinese Taipei Renewable Energy Promotion Policies in Chinese Taipei Bureau of Energy, Ministry of Economic Affairs Chinese Taipei November 12, 2014 RE for CT - 1 Current Development of Renewables in Chinese Taipei RE

More information

Version 05.0 Page 1 of 62

Version 05.0 Page 1 of 62 Project design document form for CDM project activities (Version 05.0) PROJECT DESIGN DOCUMENT (PDD) Title of the project activity Hilal-2 RES Wind Power Project, Turkey Version number of the PDD 1.0 Completion

More information

Current and expected contribution of RES-E in NA countries

Current and expected contribution of RES-E in NA countries Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Current and expected contribution of RES-E in NA countries Ehab Ismail Ameen General Manager of Planning

More information

Renewable Energy market in Egypt

Renewable Energy market in Egypt Renewable Energy market in Egypt By : Hesham Enan June 10 th 2015 1 Agenda Energy Mix in Egypt Electricity Authority and Electricity Tariffs RE Strategy & Policies Hydro Power Solar Energy & Wind Energy

More information

TURKEY S HYDROPOWER POTENTIAL and

TURKEY S HYDROPOWER POTENTIAL and ERE OTOPRODÜKTÖR, ELEKTRİK ÜRETİM, İLETİM ve DAĞITIM SANAYİ ve TİCARET A.Ş. TURKEY S HYDROPOWER POTENTIAL and REVIEW of ELECTRICITY GENERATION POLICIES from EU PERSPECTIVE FEASIBILITY CRITERIA FOR HEPP

More information

Famer Engin dogeng@um.dk EKF

Famer Engin dogeng@um.dk EKF Famer Engin dogeng@um.dk EKF SLIDE 2 Denmark s official export credit company 90 years of experience Owned and guaranteed by the Danish State (AAA-rated) Operates on commercial terms SLIDE 3 Guarantee

More information

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Renewable Energy Strategy for 2020 and Regulatory Framework Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Objectives of the Agency Regulate, supervise, and control all matters

More information

PROJECT DESIGN DOCUMENT (PDD)

PROJECT DESIGN DOCUMENT (PDD) CDM Executive Board Page 1 PROJECT DESIGN DOCUMENT FORM FOR CDM PROJECT ACTIVITIES (F-CDM-PDD) Version 04.1 PROJECT DESIGN DOCUMENT (PDD) Title of the project activity Çeşme Wind Power Project, Turkey

More information

A COMPARATIVE WIND POWER PLANT FEASIBILITY STUDY FOR GÖKÇEADA, TURKEY

A COMPARATIVE WIND POWER PLANT FEASIBILITY STUDY FOR GÖKÇEADA, TURKEY Journal of Naval Science and Engineering 2009, Vol. 5, No.3, pp. 55-63 A COMPARATIVE WIND POWER PLANT FEASIBILITY STUDY FOR GÖKÇEADA, TURKEY Egemen SULUKAN Department of Professional Sciences, Turkish

More information

Feed-in Tariff for Wind and Solar Energy in Egypt

Feed-in Tariff for Wind and Solar Energy in Egypt 2 ND JOINT ECRB MEDREG ROUNDTABLE THE ROLE OF REGULATORS IN PROMOTING INVESTMENTS Feed-in Tariff for Wind and Solar Energy in Egypt Eng. Marwa Mostafa Athens Sep. 2015 Contents Overview of the RE Mechanisms

More information

ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE

ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE Egyptian Electricity Holding Company EEHC Egyptian Electricity Transmission Company EETC Egyptian Electricity Distribution Company

More information

MAKING USE OF RENEWABLE ENERGY SOURCES IN THE ELECTRICITY MARKET OF TURKEY

MAKING USE OF RENEWABLE ENERGY SOURCES IN THE ELECTRICITY MARKET OF TURKEY Journal of Naval Science and Engineering 2010, Vol. 6, No.3, pp. 88-108 MAKING USE OF RENEWABLE ENERGY SOURCES IN THE ELECTRICITY MARKET OF TURKEY Özgür Salih MUTLU, Lt., Ph.D. Ministry of National Defence,

More information

Korea s Wind Energy Industry Eyeing Overseas Markets

Korea s Wind Energy Industry Eyeing Overseas Markets Departments Korea s Wind Energy Industry Eyeing Overseas Markets KANG Heechan Korea s Potential for Success Wind power, the most price competitive among new and renewable energy resources, 1 is seeing

More information

Ownership Models and Economic Impacts of Wind Energy. Baker County Wind Summit March 2009

Ownership Models and Economic Impacts of Wind Energy. Baker County Wind Summit March 2009 Ownership Models and Economic Impacts of Wind Energy Baker County Wind Summit March 2009 Oregon Power Solutions Established in 2003 to provide consulting and contracting services to wind energy industry

More information

Potential and implementation plans for offshore wind energy

Potential and implementation plans for offshore wind energy Potential and implementation plans for offshore wind energy Wojciech P. Cetnarski PWEA President Hamburg, 21 October PWEA Polish Wind Energy Association is a non-governmental organisation active since

More information

Renewable Electricity and Liberalised Markets REALM. JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN. By ICCS / NTUA K. Delkis

Renewable Electricity and Liberalised Markets REALM. JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN. By ICCS / NTUA K. Delkis Renewable Electricity and Liberalised Markets REALM JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN By ICCS / NTUA K. Delkis October 1999 INTRODUCTION AND BACKGROUND Background to Renewable Energy

More information

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY i P a g e www.energym adeclean.com CONTENTS

More information

Conference call Transcript Release of 2012 Audited Consolidated Results

Conference call Transcript Release of 2012 Audited Consolidated Results Conference call Transcript Release of 2012 Audited Consolidated Results Good morning America and good afternoon Europe, Welcome to Hrvatska elektroprivreda d.d. s first investor relations conference call.

More information

«Wind Energy in the CIS and Eastern Europe»

«Wind Energy in the CIS and Eastern Europe» International Conference & Exhibition «Wind Energy in the CIS and Eastern Europe» March 28-29, 2013 Kyiv, NSC «Olimpiyskiy» The main event for the business leaders in the wind industry in the CIS and East

More information

Wind Power Overview - with offshore focus. Jörgen Svensson Industrial Electrical Engineering and Automation

Wind Power Overview - with offshore focus. Jörgen Svensson Industrial Electrical Engineering and Automation Wind Power Overview - with offshore focus Jörgen Svensson Industrial Electrical Engineering and Automation Organisation - research group Lund university, 1666, students 47000 staff 7200 Faculty of Engineering,

More information

Fact Sheet on China s energy sector and Danish solutions

Fact Sheet on China s energy sector and Danish solutions Fact Sheet on China s energy sector and Danish solutions 1. EXPANSION WITH RENEWABLE ENERGY: China focuses on a massive expansion with non fossil energy that is renewable energy and nuclear energy. The

More information

F. No. 66/185/2016 -WE Ministry of New & Renewable Energy

F. No. 66/185/2016 -WE Ministry of New & Renewable Energy F. No. 66/185/2016 -WE Ministry of New & Renewable Energy India has set an ambitious target of reaching 175 GW of installed capacity from renewable energy sources including 100 GW from solar and 60 GW

More information

NORDEX USA, INC. GREAT LAKES SYMPOSIUM

NORDEX USA, INC. GREAT LAKES SYMPOSIUM NORDEX USA, INC. GREAT LAKES SYMPOSIUM CHICAGO 24 Sep 2013 AGENDA 1 About Nordex 2 Wind Industry Challenges & Our Responses Nordex USA, Inc. Great Lakes Symposium Presentation Chicago Sept 2013 Slide 2

More information

Tufts Consulting Group: Macedonian Energy

Tufts Consulting Group: Macedonian Energy March 2010 CENTER FOR EMERGING MARKETS ENTERPRISES STUDENT RESEARCH SERIES Tufts Consulting Group: Macedonian Energy An Executive Summary Opportunity In the more than 18 years since its independence from

More information

Regulatory Governance and Policy Risk - Renewable Energy

Regulatory Governance and Policy Risk - Renewable Energy Regulatory Governance and Policy Risk: Attracting Private Investment in (Renewable) Energy Guy L. F. Associate Professor, Ivey School of Business Director, Energy @ Ivey June 4, 2010 Copyright 2010 Intense

More information

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS Ieva Kuodė Ministry of Energy of the Republic of Lithuania SOLINVEST 2015-06-02 RES TARGETS BY 2020 23% the share of energy from renewable

More information

Renewable Energy & Environmental Technologies

Renewable Energy & Environmental Technologies Renewable Energy & Environmental Technologies November 2013 Disclaimer Republic of Turkey Prime Ministry Promotion Agency (ISPAT) submits the information provided by third parties in good faith. ISPAT

More information

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening

More information

INVESTING IN RENEWABLE ENERGY IN EGYPT

INVESTING IN RENEWABLE ENERGY IN EGYPT INVESTING IN RENEWABLE ENERGY IN EGYPT January 2015 Table of Contents The Market... 3 Investment Climate... 4 Energy Law... 4 Public Tenders... 6 Contracting with the Public Sector... 6 Land Use... 7 EPC

More information

On the sunny side of the street*

On the sunny side of the street* Industries Energy, Utilities & Mining Sector On the sunny side of the street* Opportunities and challenges in the Turkish renewable energy market August 2009 Contents 01 Introduction 03 Executive Summary

More information

Renewable Energy Promotion Policies in Taiwan. Bureau of Energy Ministry of Economic Affairs

Renewable Energy Promotion Policies in Taiwan. Bureau of Energy Ministry of Economic Affairs Renewable Energy Promotion Policies in Taiwan Bureau of Energy Ministry of Economic Affairs October 2015 1 Outline Current Development of Renewables in Taiwan Taiwan s New Renewable Energy Policy 2 Current

More information

Green Industries, Department of Trade and Industry

Green Industries, Department of Trade and Industry Solar and Wind Sector Development Strategy Solar Energy Technology Roadmap 18 June 2012 Green Industries, Department of Trade and Industry Challenges Solar and wind strategy Content Local Content Requirements

More information

Egypt Renewable energy Projects. Eng. Lamya Youssef Head Of FIT Unit Central Unit Egyptian Electricity Transmission Company EETC

Egypt Renewable energy Projects. Eng. Lamya Youssef Head Of FIT Unit Central Unit Egyptian Electricity Transmission Company EETC Egypt Renewable energy Projects Eng. Lamya Youssef Head Of FIT Unit Central Unit Egyptian Electricity Transmission Company EETC Strategy Private Sector is our partner towards achieving our goal increasing

More information

THE GREEN ELECTRCITY MARKET IN DENMARK: QUOTAS, CERTIFICATES AND INTERNATIONAL TRADE. Ole Odgaard Denmark

THE GREEN ELECTRCITY MARKET IN DENMARK: QUOTAS, CERTIFICATES AND INTERNATIONAL TRADE. Ole Odgaard Denmark Workshop on Best Practices in Policies and Measures, 11 13 April 2000, Copenhagen THE GREEN ELECTRCITY MARKET IN DENMARK: QUOTAS, CERTIFICATES AND INTERNATIONAL TRADE Ole Odgaard Denmark Abstract: The

More information

SECTOR ANALYSIS. Egypt: Energy Sector. The Embassy of Denmark in Cairo

SECTOR ANALYSIS. Egypt: Energy Sector. The Embassy of Denmark in Cairo SECTOR ANALYSIS Egypt: Energy Sector The in Cairo March 2014 Keywords: Egypt, The in Cairo, energy, oil, gas, wind energy, solar energy, hydroelectric power. Resume: In this sector analysis you will find

More information

ENERGY MARKET REGULATORY AUTHORITY. Electricity Market Report

ENERGY MARKET REGULATORY AUTHORITY. Electricity Market Report ENERGY MARKET REGULATORY AUTHORITY Electricity Market Report 2010 The translation of the Electricity Market Report 2010 has been completed with the valuable contributions of Association of Energy Experts.

More information

A Spotlight on. Cem Ali ATILGAN Atılgan Energy Ltd. June 3-4, 2009 - Budapest

A Spotlight on. Cem Ali ATILGAN Atılgan Energy Ltd. June 3-4, 2009 - Budapest A Spotlight on Turkish Electricity market by Cem Ali ATILGAN Atılgan Energy Ltd. June 3-4, 2009 - Budapest Outline Section 1 : Brief Turkish Electricity Market Overview Turkey at a Glance Comparison of

More information

German-Turkish Energy Efficiency Alliance a business platform.

German-Turkish Energy Efficiency Alliance a business platform. German-Turkish Energy Efficiency Alliance a business platform. August 2014, Berlin 1 Founders and aims of the Alliance. Initiated by the Deutsche Energie-Agentur (dena) the German Energy Agency and the

More information

PROJECT DESIGN DOCUMENT (PDD) Silivri Enerji A.Ş. Turkey. 80.442 tco 2 e

PROJECT DESIGN DOCUMENT (PDD) Silivri Enerji A.Ş. Turkey. 80.442 tco 2 e Project design document form for CDM project activities (Version 05.0) PROJECT DESIGN DOCUMENT (PDD) Title of the project activity Silivri Wind Power Plant, Turkey Version number of the PDD 01 Completion

More information

Numbered 2010/11 Prime Ministry Circular about Istanbul International Finance Center Administrative Structure was published in the Official Gazette

Numbered 2010/11 Prime Ministry Circular about Istanbul International Finance Center Administrative Structure was published in the Official Gazette Numbered 2010/11 Prime Ministry Circular about Istanbul International Finance Center Administrative Structure was published in the Official Gazette dated May 1, 2010 and numbered 27568. UNOFFICIAL TRANSLATION

More information

SPECIAL CASE DECLARATIONS BY PETKİM IN 2014

SPECIAL CASE DECLARATIONS BY PETKİM IN 2014 SPECIAL CASE DECLARATIONS BY PETKİM IN 2014 S.C.D NO: 7 DATE: 30/05/2014 Regarding the Financing Closure of STAR Refinery Project We hereby announce that; STAR Rafineri A.Ş., a subsidiary of SOCAR Turkey

More information

The Renewable Energy Sector in Cyprus

The Renewable Energy Sector in Cyprus Energie The Renewable Energy Sector in Cyprus Dr. Isabelle Riesenkampff, German Energy Agency (dena) Cologne, 29 November 2010 Conference Solar Industry in the Republic of Cyprus Outline: The Renewable

More information

Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility

Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Welcome to SREDA Siddique Zobair Member (EE & C) Sustainable & Renewable Energy Development Authority

More information

Financing Renewables and Energy Efficiency Projects in Developing Countries

Financing Renewables and Energy Efficiency Projects in Developing Countries Mobilising Private Capital to reduce Climate Change Instruments and Policies to mobilise International Green Energy Investment Berlin June 29-30, 2010 Financing Renewables and Energy Efficiency Projects

More information

Dansk Offshore Netværk, Lindø Industripark, 21. April 2015 The Road to Below 10 ct /kwh

Dansk Offshore Netværk, Lindø Industripark, 21. April 2015 The Road to Below 10 ct /kwh Dansk Offshore Netværk, Lindø Industripark, 21. April 2015 The Road to Below 10 ct /kwh, Head of Cost of Energy Siemens AG, Wind Power and Renewables Answers for energy. Introduction Siemens Wind Power

More information

TURKISH NUCLEAR POWER PROGRAMME NUCLEAR ENERGY PROJECT IMPLEMENTATION DEPARTMENT

TURKISH NUCLEAR POWER PROGRAMME NUCLEAR ENERGY PROJECT IMPLEMENTATION DEPARTMENT TURKISH NUCLEAR POWER PROGRAMME NUCLEAR ENERGY PROJECT IMPLEMENTATION DEPARTMENT 0 75 75 150 km Kocaeli (İzmit) BOSBORUS 0 İzmir Konya ANKARA 150 mi İçel (Mersin) REPUPLIC OF CYPRUS Iskenderun Adana SYRIA

More information

MERGERS AND ACQUISITIONS IN TURKEY

MERGERS AND ACQUISITIONS IN TURKEY MERGERS AND ACQUISITIONS IN TURKEY Handan Oktay-Weldishofer LLM (Mainz/Germany) Partner Legal basis Merger and acquisition transactions have not been regulated under a separate law, but depending on the

More information

Draft law on Renewable Energy Sources - Update January 2014

Draft law on Renewable Energy Sources - Update January 2014 Draft law on Renewable Energy Sources - Update January 2014 On 3 January 2014 another draft of new law on Renewable Energy Sources ( RES ) was published by the Polish Ministry of Economy ( MoE ). Additionally,

More information

WIND AND SOLAR ENERGY DEVELOPMENTS IN IRAN

WIND AND SOLAR ENERGY DEVELOPMENTS IN IRAN WIND AND SOLAR ENERGY DEVELOPMENTS IN IRAN H. Kazemi Karegar a,b, A.Zahedi a,v. Ohis a, G. taleghani b and M. Khalaji b a Department of Electrical & Computer Systems Engineering, PO Box 35, Monash University,

More information

Power in Germany: The turning point of 2011

Power in Germany: The turning point of 2011 Center for Geopolitics of Energy and Raw Materials (CGEMP) In partnership with: French Association of Energy Economists Power in Germany: The turning point of 2011 One year later, lessons for neighbouring

More information

Saudi Arabia s Renewable Energy Strategy and Solar Energy Deployment Roadmap

Saudi Arabia s Renewable Energy Strategy and Solar Energy Deployment Roadmap بسم الله الرحمن الرحيم Saudi Arabia s Renewable Energy Strategy and Solar Energy Deployment Roadmap 2 Kingdom of Saudi Arabia Oil wealth has made possible rapid economic development, which began in the

More information

TEASER. Privatization of Turkey s Electricity Distribution Industry

TEASER. Privatization of Turkey s Electricity Distribution Industry TEASER Privatization of Turkey s Electricity Distribution Industry Legal Disclaimer Regarding the Teaser Any estimates and projections contained in the present Teaser (the Teaser ) involve significant

More information

Project design document form for CDM project activities (Version 06.0) PROJECT DESIGN DOCUMENT (PDD) Süloğlu Wind Power Plant, Turkey

Project design document form for CDM project activities (Version 06.0) PROJECT DESIGN DOCUMENT (PDD) Süloğlu Wind Power Plant, Turkey Project design document form for CDM project activities (Version 06.0) PROJECT DESIGN DOCUMENT (PDD) Title of the project activity Süloğlu Wind Power Plant, Turkey Version number of the PDD 01 Completion

More information

The Status of the Wind Power Market in Egypt. Dr. Walid El-Khattam Ain Shams University (Cairo, Egypt) The Egyptian Electricity Regulator (EgyptERA)

The Status of the Wind Power Market in Egypt. Dr. Walid El-Khattam Ain Shams University (Cairo, Egypt) The Egyptian Electricity Regulator (EgyptERA) The Status of the Wind Power Market in Egypt Dr. Walid El-Khattam Ain Shams University (Cairo, Egypt) The Egyptian Electricity Regulator (EgyptERA) Berlin, June 11 th, 2013 1 Contents Key Challenges for

More information

1 JANUARY 2014 30 JUNE 2014 BOARD OF DIRECTORS ACTIVITY REPORT ÇAMLICA HES YAMULA HES

1 JANUARY 2014 30 JUNE 2014 BOARD OF DIRECTORS ACTIVITY REPORT ÇAMLICA HES YAMULA HES AYEN ENERJİ A.Ş. 1 JANUARY 2014 30 JUNE 2014 BOARD DIRECTORS ACTIVITY REPORT ÇAMLICA HES YAMULA HES 1 PRINCIPLES PREPARING THE REPORT Annual activity report has been produced, as required by Capital Markets

More information

Solar Power in China. By Zhou Fengqing

Solar Power in China. By Zhou Fengqing Solar Power in China By Zhou Fengqing Overview Adjust Chinese power structure Feasibility of solar power in China Solar energy as national policies Legislations of solar energy Adjust Chinese Power Structure

More information

Turkish Energy Market & Coal Investments. Ibrahim Ciftci, Greenpeace Mediterranean 15.03.2014, NY

Turkish Energy Market & Coal Investments. Ibrahim Ciftci, Greenpeace Mediterranean 15.03.2014, NY Turkish Energy Market & Coal Investments Ibrahim Ciftci, Greenpeace Mediterranean 15.03.2014, NY Outline Turkey Energy Sector Outlook Privatization of Electricity Market Official Energy Vision Future of

More information

Renewable Energy Feed-in Tariff Projects Regulations

Renewable Energy Feed-in Tariff Projects Regulations for Consumer Protection and Renewable Energy Feed-in Tariff Projects Regulations Oct. 2014 EgyptERA s crew has prepared this document so as to answer all the questions related to the renewbales supporting

More information

Leader in investment management and engineering in the Renewable Energy Industry

Leader in investment management and engineering in the Renewable Energy Industry Leader in investment management and engineering in the Renewable Energy Industry Index of contents 1. About us 2. Why Vector Cuatro? 3. Services lines 4. Business track record 2 1 About us Introduction

More information

Development in Egypt. Egyptian Electricity Holding Company - EEHC

Development in Egypt. Egyptian Electricity Holding Company - EEHC Wind Power Development in Egypt Introduction In Egypt, the high reliance on increasingly scarce of the availability of conventional energy resources (crude oil & natural gas) is becoming a cause for concern,

More information

Wind energy scenarios for 2030. A report by the European Wind Energy Association - August 2015. Wind energy scenarios for 2030

Wind energy scenarios for 2030. A report by the European Wind Energy Association - August 2015. Wind energy scenarios for 2030 A report by the an Wind Energy Association - August 2015 1 WIND ENERGY SCENARIOS FOR Table of Contents Wind Energy Scenarios for... 1 Executive summary... 3 Introduction... 4 Recent EU economic and regulatory

More information

Financing Renewables in Turkey

Financing Renewables in Turkey Financing Renewables in Turkey Symposium of the Deutsch Türkischen Industrie- und Handelskammer Florian Mahiny Head of Austrian/ German International Desk Yapı ve Kredi Bankası A.Ş. Istanbul, 22. February

More information

AYEN ENERJI A.S. BOARD OF DIRECTORS QUARTERLY REPORT FOR PERIOD BETWEEN 01 JANUARY 2013 AND 31 MARCH 2013

AYEN ENERJI A.S. BOARD OF DIRECTORS QUARTERLY REPORT FOR PERIOD BETWEEN 01 JANUARY 2013 AND 31 MARCH 2013 AYEN ENERJI A.S. BOARD OF DIRECTORS QUARTERLY REPORT FOR PERIOD BETWEEN 01 JANUARY 2013 AND 31 MARCH 2013 1 RULES FOR PREPARATI The Annual Report has been prepared in accordance with Communiqué No: 29,

More information

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up

More information

Zorlu Enerji. Bloomberg: ZOREN TI OUTPERFORM. Reuters: ZOREN IS. Diversified & Profitable Generation Portfolio. Equity / Mid Cap.

Zorlu Enerji. Bloomberg: ZOREN TI OUTPERFORM. Reuters: ZOREN IS. Diversified & Profitable Generation Portfolio. Equity / Mid Cap. Equity / Mid Cap. / Utilities Zorlu Enerji Bloomberg: ZOREN TI Reuters: ZOREN IS Diversified & Profitable Generation Portfolio We maintain our OUTPERFORM recommendation while revising our price target

More information

Existing Wind Power Policies and Incentives

Existing Wind Power Policies and Incentives Existing Wind Power Policies and Incentives Consultation on National Wind Energy Mission January 9, 2014 New Delhi Wind Power Progress (in MW) Potential (at 80 m) : 1,02,000 Achievement so far : 20,150

More information

Wind energy in Vietnam: Business opportunities

Wind energy in Vietnam: Business opportunities Wind energy in Vietnam: Business opportunities Agenda 1. Forms of investment 2. Present wind power developers 3. Investment procedure 4. Available service suppliers 5. Barriers to wind energy development

More information

Security of electricity supply

Security of electricity supply Security of electricity supply Definitions, roles & responsibilities and experiences within the EU Thomas Barth Chairman of Energy Policy & Generation Committee EURELECTRIC Outline Security of Supply a

More information

Wind Energy in Egypt

Wind Energy in Egypt Wind Energy in Egypt Mohamed Salah Elsobki (Jr.) Energy Efficiency and Renewable Energies Manager Industrial Modernization Programme Adjunct Professor Faculty of Engineering Cairo University Egypt Wind

More information

OFFSHORE WIND TOWARD 2020 ON THE PATHWAY TO COST COMPETITIVENESS

OFFSHORE WIND TOWARD 2020 ON THE PATHWAY TO COST COMPETITIVENESS 1 OFFSHORE WIND TOWARD 2020 ON THE PATHWAY TO COST COMPETITIVENESS April 2013 Contents A B C Offshore market volume of EUR 130 bn by 2020 Agenda 2020 Markets Trends Competition Page 3 Value chain evaluation

More information

"Renewable Energy and Energy Efficiency" Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors

Renewable Energy and Energy Efficiency Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors "Renewable Energy and Energy Efficiency" Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors Speech of H.E. Dr. Hassan Younes Minister of Electricity & Energy, Egypt

More information

Project design: Capacity building for Climate Change management in Turkey (Developing the capacity of Turkey to

Project design: Capacity building for Climate Change management in Turkey (Developing the capacity of Turkey to Project design: Capacity building for Climate Change management in Turkey (Developing the capacity of Turkey to participate efficiently in the international climate change negotiations and voluntary carbon

More information

Delivering renewable energy investments in MENA Region

Delivering renewable energy investments in MENA Region Delivering renewable energy investments in MENA Region Roberto Vigotti RES4MED Secretary General The MENA Energy Transition: How to get investments right? 6 May 2015 Brussels RES4MED Association Renewable

More information

Germany, Spain, Denmark European wind energy leaders. Examples of rational use of energy resources, to face a challenging future

Germany, Spain, Denmark European wind energy leaders. Examples of rational use of energy resources, to face a challenging future Germany, Spain, Denmark European wind energy leaders Examples of rational use of energy resources, to face a challenging future PWEA CONFERENCE 22 May 2012 Warsaw, Poland Roberto Pierantoni Head of Wind

More information

Market Update: Current Trends and Challenges in the Turkish PV Market

Market Update: Current Trends and Challenges in the Turkish PV Market Turkish Solar Energy Industry Association Market Update: Current Trends and Challenges in the Turkish PV Market Assoc.Prof.Dr.Mustafa TIRIS Vice Chairman GENSED tiris@tdinamik.com Current Market Situation

More information

PROJECT DESIGN DOCUMENT (PDD)

PROJECT DESIGN DOCUMENT (PDD) CDM Executive Board Page 1 PROJECT DESIGN DOCUMENT FORM FOR CDM PROJECT ACTIVITIES (F-CDM-PDD) Version 04.1 PROJECT DESIGN DOCUMENT (PDD) Title of the project activity Aksu Wind Farm Project, Turkey Version

More information