9,232.90 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
34.54 USD USD USD
36.59 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.23 TRY Interest Interest
73.29 USD Fossil Oil Fossil Oil
31.14 USD Silver Silver
4.16 USD Copper Copper
98.95 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,923.26 TRY Gold (gr) Gold (gr)

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Republic of Türkiye Ministry of Energy and Natural Resources' 2025 Budget Proposal aims to increase the share of solar power plants, wind power plants, geothermal power plants and hydroelectric power plants in electricity generation.

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

The proposal aims to increase the installed capacity of these power plants to 22,600 megawatts in solar power plants (SPP), 14,800 megawatts in wind power plants (WPP), 32,395 megawatts in hydroelectric power plants (HPP) and 4,487 megawatts in geothermal power plants (GPP) by 2025, and to increase the share of renewable resources in electricity generation to 47.8 percent.

The Ministry also announced that it plans to reduce the share of imported resources in the electricity generation portfolio and strengthen supply security, increase the use of domestic resources in electricity generation, reduce foreign dependence on energy, and ensure electricity and natural gas supply security.

The share of domestic resources in electricity generation is expected to be 58.9% by the end of the year and 59.4% in 2025, while the share of natural gas in electricity generation is expected to fall to 20.7% by the end of the year and 18.9% in 2025.

The ministry plans to increase the regeneration capacity of natural gas storage facilities to 155 million cubic meters per day, gas transmission network entry capacity to 525 million cubic meters per day and natural gas underground storage capacity from 5.8 billion cubic meters to 6.3 billion cubic meters per day in 2025, while the loss rate in electricity transmission is expected to fall to 1.98% by the end of the year and 1.96% in 2025.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Nippon Steel Trading establishes new London Office

Wednesday, November 20, 2024

Türkiye's billet imports decreased by 31% in January-September period

Wednesday, November 20, 2024

Taiwan's CSC raises steel prices for December deliveries

Wednesday, November 20, 2024

Rebar prices in Turkish rebar market decline

Wednesday, November 20, 2024

POSCO shuts down wire rod mill amid global oversupply and rising imports

Wednesday, November 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now