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Turkey aims to increase the share of domestic electricity production to 63% by 2028.

Turkey aims to increase the share of domestic electricity production to 63% by 2028.

11.11.2024 11:42

The Ministry of Energy and Natural Resources aims to increase the share of domestic resources in electricity generation and ensure sustainable energy supply security within the framework of the 2024-2028 Strategic Plan. In the new period, the share of renewable energy will also be increased.

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The Ministry of Energy and Natural Resources aims to increase the share of domestic resources in electricity production to 63% by 2028 within the framework of its 4-year strategic plan.

The Ministry published the 2024-2028 Strategic Plan, which serves as a strategic roadmap that identifies Turkey's resources and unique needs, taking into account global developments in energy, and sets targets to meet these needs at the maximum level.

DOMESTIC ELECTRICITY PRODUCTION WILL BE INCREASED

According to the plan, the amount of electricity produced from domestic resources is targeted to reach 270 billion kilowatt-hours annually by 2028, with the share of domestic resources in electricity production increasing to 63%, the installed capacity of solar power plants reaching 33,100 megawatts, and wind power plants reaching 19,300 megawatts, along with the activation of a 4,800 megawatt nuclear energy capacity.

In this context, daily production is aimed to increase to 210,000 barrels in domestic crude oil, 42.5 million cubic meters in natural gas, natural gas storage capacity to 12 billion cubic meters, and the annual mineral export value to 10 billion dollars.

7 GOALS AND VARIOUS OBJECTIVES SET IN THE PLAN

The plan outlines 7 goals and 30 objectives, including ensuring sustainable energy supply security, reducing dependency on foreign sources, implementing a net-zero carbon-focused energy transformation, ensuring safe, sustainable, and value-added mining, increasing the national and international effectiveness of energy and mining markets, supporting domestic technologies in the field of energy and natural resources, and enhancing institutional capacity.

The plan details the objectives aimed at achieving these goals, stating that electricity generation capacity will be increased to ensure sustainable energy supply security, the electricity consumption and distribution network will be strengthened, grid flexibility will be ensured to increase renewable energy capacity, oil and gas infrastructure will be reinforced, and collaborations regarding international investments in energy will be enhanced.

THE SHARE OF RENEWABLE ENERGY WILL BE INCREASED

In the context of reducing dependency on foreign sources, it was emphasized that electricity production from domestic resources, oil and gas exploration and production, domestic coal exploration and production, and the search and production of energy and mineral resources abroad will be increased.

Within the framework of the net-zero carbon-focused transformation, the share of clean energy sources in electricity production will be increased, energy efficiency efforts will be enhanced, carbon intensity in energy will be reduced, a strong infrastructure supporting electric vehicle transformation will be established, and a value chain for green hydrogen and renewable gas will be developed.

MINERALS WILL BE PROCESSED IN TURKEY

In line with the goal of safe, sustainable, and value-added mining, Turkey's mineral potential will be revealed and integrated into the economy, prioritizing critical and strategic minerals. Minerals will be processed domestically to increase their added value. Mining will be conducted in a safe and environmentally friendly manner according to international standards. A culture of occupational health and safety will be promoted. Institutions and organizations related to the sector will transition to a more effective, transparent, and management-focused public service structure.

By ensuring the integration of energy and mining markets into international markets, trade volume will be increased, and efforts will be made to improve the investment environment in these two sectors. Additionally, technology development and R&D activities will be carried out in the fields of energy and natural resources, and technologies and equipment will be localized.

Furthermore, the Ministry's institutional infrastructure will be strengthened, the corporate governance capacity of affiliated and related institutions will be developed, digital transformation and cybersecurity infrastructure will be enhanced, and the capacity to respond to disasters and emergencies will be reinforced.



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