RENEWABLE ENERGY

SOME FACTS & FIGURES
TURKEY

One of the fastest growing markets in the world, with a significant further-growth potential.

The energy market has been liberated in the country
Turkey has become an energy base in its own region
The government offers rate-guaranteed incentives for renewable energy investments
Turkish energy market offers great opportunities for electric production based on all kinds of resources
Total amount of investments, to meet energy needs in Turkey, is estimated to reach 130 billion USD by 2023
In terms of geothermal energy potential, Turkey ranks third in Europe and seventh in the world
By 2023, Turkey’s total established capacity will double and increase to 96.000 GW in order to meet demand
The electric need that was 196.000 GW in 2008 will reach to levels of 363.000 GW in 2017
Turkey is planning to unite its energy system with the Union for the Coordination of Transmission of Electricity (UCTE) network in order to form a collective energy market with the European Union
In order to favour underdeveloped RES such as wind and geothermal energy, Turkey established a basic legal framework in May 2005 by adopting the Law on Utilization of RES for the Purpose of Generating Electrical Energy
Aim is to meet 30% of the energy need with renewable energy resources by 2023
Need for clean energy is critical

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Wind Energy Potential of Turkey

Turkey ranks first among other countries in the world due to its fast growing wind energy facilities, and has only used 15% of its potential to date.
Total technical wind potential is approximately 131,756 MW. However, the wind energy potential of Turkey is largely unutilised with an existing capacity of only 363,7 MW as of 2008.
Projection that the established wind energy power will increase to 20,000 MW by 2023.
As of September 2008, the total established capacity of wind facilities has reached 333 MW. However, the total capacity of wind facility projects approved and under construction is 3,300 MW - 143 MW, with a 1,070 MW turbine supply contract and a license for only 1,782 MW.
The wind energy market in Turkey is highly promising as the market is still untouched. This untouched market has great prospects of growth, which creates lucrative investment opportunities for investors in Turkey.

Wind Energy Potential of Izmir

İzmir is rich in terms of wind energy potential with a theoretical capacity of 11,815 MW. The calculated amount of energy to be generated with this potential is 31 billion kWh per annum.
When evaluated in terms of wind energy, İzmir ranks third in the country.
The highest amount of investment requests for wind facilities were received for the city of İzmir, with 113 applications totalling 12,700 MW.
Considering that roughly 1,2 million USD needs to be invested per megawatt, İzmir already has 12,700x1,2 million USD investment potential if all applications are accepted.
Demirer Holding founded the first wind power facility, a 1.5 MW station, in Çeşme in 1998. Today, businessmen are in line to establish wind energy facilities in Urla, Karaburun, Aliağa, Bergama, and mainly Çeşme.
There is a total of 49 MW in wind station investment in Çeşme peninsula, 7.2 MW of which belongs to the company Ares (owned by Güçbirliği Holding), 39.2 MW belongs to Mare Manastır (owned by Demirer Holding) and 1.5 MW belongs to Alize Energy.

Investors in Izmir

Manufacturers of Rotor Blades

Manufacturers of Steel Towers for Wind Turbines

Solar Energy Potential of Turkey

Turkey is located in a relatively advantageous geographical position for solar energy production
There are no licensed producers of solar energy in Turkey at present.
According to the Ministry of Energy and Natural Resources, the potential to produce power via solar energy in Turkey is 380 billion kWh per annum, which is approximately double the amount of total power produced in the country.
Annual average of total insulation time is 2640 hours (7.2 hours/day)
Average annual solar radiation is 1311 kWh/m²-per annum (3.6 kWh/m²-per day).
The calculated total solar energy potential of Turkey is 35 Mtoe per annum.
Solar energy production is expected to reach 602 Ktoe in 2010 and 1,119 Ktoe in 2020.
Main business departments in the photovoltaic sector are importers, wholesale suppliers, system integrators, and retail sales. The companies serve in the sectors of installation, engineering and project development.
PV modules, battery charge controllers and inverters are mainly imported. The domestic market can supply batteries, solar lighting systems, etc. Some of domestic products (batteries, tempered glass, etc.) are exported.

Solar Energy Potential of Izmir

Ege University Institute of Solar Energy is still the only research institute that works mainly on solar energy research subjects.
Ege University Institute of Solar Energy set up a PV module production laboratory in 2006, which is the first of its kind in a university.

Investors in Izmir

Manufacturers of Solar Panels in Izmir

Geothermal Energy Potential of Turkey

Turkey ranks fifth for its geothermal resources and seventh for the utilization of these resources in the world. However, only 3% of total potential (31,500 MW) is in use. Two-thirds of the country's geothermal resources are located in the Aegean region.
Aim is to ensure that all 600 MW worth of geothermal potential, the amount determined as utilizable electric energy production is in use by 2023.
Geothermal heat potential for Turkey is 31.500 MWt.
1.500 MW of total 31.500 MW geothermal potential for Turkey is suitable for power generation.
600 MW of 1.500 MW potential geothermal power energy in Turkey is ready to use.
Energy is generated in proportion of 39 MW. The power generating station is under construction for proportion of 55 MW.

Geothermal Energy Potential of İzmir

Seferihisar (153ºC), Balçova (136ºC), and Dikili (130ºC) are three existing geothermal resources in İzmir suitable for power generation.
There are eight cities with geothermal area and potential in terms of health tourism.
1963: The first geothermal borehole in Turkey was opened in Balçova, İzmir.
1983: The first geothermal heating system with internal heat exchanger in Turkey was installed in Balçova, İzmir.

Turkey’s 3rd most developed city
Covers an area of 12.012 km²
One of the most important Mediterranean Port Cities
3.9 million population
A productive workforce 61% in service sector, 31.5% in industry and 7.5% in agriculture
Urbanization level 85%
7 Universities 16.000 graduates per annum
Urbanization level 85%
40% increase in exports from 2005 to 2008
İzmir aims to be the industry and sub-industry base for all renewable energy investments in Turkey with its developed manufacturing industry.
İzmir has the potential to be an important base to provide a gateway to both domestic and foreign markets with its developed infrastructure and ports.
İzmir has a ready-trained and qualified workforce. In 2008- 2009 academic year, 1690 engineers graduated from 16 different engineering departments of the universities in İzmir.
İzmir has sixteen organised industrial estates, seven are active and nine are in project phase.

Sectors