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 Outlook Renewable Energy Sources in Turkey Renewable Energy Supports in Turkey Promising Location for the Future 2
TURKISH ENERGY SECTOR OUTLOOK 3
Energy Demand Vs. Economical Development Vs. Living Standard ECONOMICAL GROWTH What Comes ENERGY CONSUMPTION First? LIVING STANDARD 4
Correlation between Economic Development and Power Generation 12 10 8 6 4 2 0 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012-2 -4-6 Elektrik Change of Talebi Electricity Değişimi Demand (%) (%) GSYİH Change of Değişimi GNP (%) (%) -8 The average increase in electricity demand increased by 7.7% while the increase in GNP were 5.2% from 1986 to 2011. 5
INSTALLED CAPACITY PROGRESS OF TURKEY 52100 16310 27260 2235 5120 1970 1980 1990 2000 2011 6
MW Installed Power Projection of Turkey 150 Billion $ Investment + Privatization Costs + Rehabilitation Requirement Year 7
RENEWABLE ENERGY SOURCES IN TURKEY 8
TURKEY S HYDRO ENERGY POTENTIAL Installed Capacity in Hydro: 16.063 MW Hydro Power Plants, Under Construction: 8.600 MW For Hydro Energy Potential, Turkey is at 3 rd rank in all EU countries. Turkey s Hydro Energy Potential : 45.000 MW Under Project Phase Hydro Power Plants : 22.700 MW 9
TURKEY S WIND ENERGY POTENTIAL Installed Capacity in Wind: 1.937MW Turkey s Technical Wind Energy Potential: 120 GWh/yr For Wind Energy Potential, Turkey is at 3 rd rank in all EU countries. Turkey s Technical and Economical Installed Capacity Potential in Wind: 12.000 MW Turkey s Estimated Wind Energy Potential: 400 GWh/yr 10
TURKEY S GEOTHERMAL ENERGY POTENTIAL Installed Capacity in Geothermal : 114 MWe Turkey s Geothermal Energy Potential : 600 MWe For Geothermal Energy Potential, Turkey is at 2 nd rank in all EU countries. Turkey s Geothermal Energy Potential (Thermal):31.500 MWt 11
KAYNAK EUROPE S ANALİZİ SOLAR ENERGY POTENTIAL 12
TURKEY S SOLAR ENERGY POTENTIAL Turkey s Solar Energy Potential: 500-700.000 MWe For Solar Energy Potential, Turkey is at 2 nd rank in all EU countries. 13
RENEWABLE ENERGY SUPPORTS IN TURKEY 14
RENEWABLE ENERGIES FEED IN TARIFFS AND ADDITIONAL PRICES FOR TURKISH MADE PRODUCTS Power Plant Type Feed in Tariff (cent $/kwh) Feed in Tariff Increase in Turkish Made Product Usage (cent $/kwh) Hydro 7,3 Turbine Power Electronics 1,3 1,0 Wind 7,3 Blades Power Electronics Tower Nacelle,Rotor 0,8 1,0 0,6 1,3 Geothermal 10,5 Turbine Power Electronics Compressor Biomass 13,3 Boiler Gas Cleaning 1,3 0,7 0,7 Turbine Engine Power Electronics Cogeneration 0,4-0,8 0,6 2,0 0,9 0,5 0,4 Solar 13,3 PV Mechanics PV Moduls Cells Inverter Focuser 0,8 1,3 3,5 0,6 0,5 17
FEED IN TARIFFS FOR SOLAR ENERGY AND ADDITIONAL PRICES FOR TURKISH MADE PRODUCTS Power Plant Type By Energy Resources Feed in Tariff (cent$/kwh) Solar Energy 13,3 Power Plant Type PV Power Plants Made in Turkey Product PV panels integration and solar structure mechanics manufacture Additional Tariff (cent$/kwh) 0,8 PV moduls 1,3 PV modul cells 3,5 Inverter 0,6 Material Focusing on PV moduls 0,5 16
PROMISING LOCATION FOR THE FUTURE 17
GEOGRAPHIC POSITION AND ROLE OF TURKEY 18
WHY IS THE TURKEY A PROMOSING COUNTRY FOR ENERGY MARKET? Turkey is very Dynamic Country... Turkey has Rich Renewable Energy Sources... Turkey is supporting Renewable Energy Investments... Turkey has Transparent Legislation infrastructure... Turkey is in the Strategic Location for the Business Developments for the future... 19
THANK YOU VERY MUCH FOR YOUR KIND ATTENTION