Türkiye set a record for electricity consumption in 2024

Speaking at the opening of the Turkish Wind Energy Congress (TÜREK) in Izmir, Energy and Natural Resources Minister Alparslan Bayraktar stated that electricity production broke historic records in July. He noted that monthly production reached 36.7 billion kWh, with daily production peaking at 1,250,178 kWh on July 29th.

Türkiye'S ENERGY GOALS

Minister Bayraktar noted that over 30,000 TWh of electricity was produced globally in 2024, noting that Türkiye accounted for 1.1% of global production with 349 TWh that year. He stated that demand is expected to increase by an average of 3.5% annually, reaching 510.5 TWh in 2035 and to reach 1,406 TWh in 2055. He emphasized that external dependency will be reduced with the goal of "Fully Independent Turkey in Energy."

INSTALLED CAPACITY EXCEEDS 120,000 MEGAWATTS

Bayraktar stated that Türkiye's installed electricity capacity had surpassed 120,000 MW as of the end of July, explaining that 61% of this capacity comes from renewable energy sources. He added that wind and solar power have reached a total installed capacity of 37,118 MW, representing a 31% share of total installed capacity.

$28 BILLION INVESTMENT IN TRANSMISSION INFRASTRUCTURE

Bayraktar emphasized that transmission and distribution infrastructure will be strengthened to ensure energy supply security, announcing investments in a 14,700 km HVDC line with a capacity of 40 GW and a 15,000 km AC grid. He stated that these infrastructure investments will require approximately $28 billion.

NEW RES AND SPP COMPETITIONS IN 2025

Minister Bayraktar announced that a total of 2,000 MW of wind and solar capacity will be allocated for 2025. Wind power plants will be built in Sivas, Balıkesir, Aydın, Denizli, and Kütahya, while solar power plants will be built in Elazığ, Kahramanmaraş, Erzurum, Bolu, Eskişehir, Mardin, and Van. Additionally, a tender will be held for a 35 MW floating solar power plant in the Manisa Demirköprü HEPP reservoir.

“THERE WILL BE A 20-YEAR PURCHASE WARRANTY”

Bayraktar stated that a 20-year purchase guarantee will be provided at the tender price following the free market sales period in YEKA competitions. He also emphasized that the use of domestic components will be mandatory in projects.

TÜREB PRESIDENT ERDEN: “WE ARE 6TH IN EUROPE AND 12TH IN THE WORLD”

TÜREB Chairman İbrahim Erden stated that Türkiye ranks 6th in Europe and 12th globally in wind energy with 14 GW of installed capacity. Erden noted that there are 34 GW of renewable energy projects with storage, emphasizing that storage will play a critical role in grid security and renewable energy integration. Following the congress, Minister Bayraktar visited the İzmir Governor's Office, met with Governor Süleyman Elban, and signed the book of honor. Bayraktar, who later became the AK Party İzmir Provincial Chairman, left the city for a meeting with party members and then attended a program in Manisa.

Source: Headline News