Turkey's installed electric capacity hits new peak of 125,410 megawatts

TRT Haber Ekonomi reports that Turkey's installed electric capacity reached a new peak of 125,410 megawatts at the end of April. Energy and Natural Resources Minister Alparslan Bayraktar said solar capacity that started from zero 13 years ago has reached 26,769 megawatts, while wind capacity has also made important progress over the same period.

According to data shared by Minister Bayraktar, the main drivers of the increase are unlicensed solar plants, rooftop solar projects and large-scale wind investments. The share of renewables in installed capacity has reached close to 60 percent, while natural-gas combined-cycle plants continue to serve a backup function. EPDK and TEIAS data project electricity demand to rise in summer months on air conditioning and industrial consumption.

Under the National Energy Efficiency Action Plan, the 2030 target is to exceed 200,000 megawatts of installed capacity; reaching this target may require annual investment of 8,000 to 10,000 megawatts of new capacity. This article is reporting based on TRT Haber Ekonomi's published story and does not constitute investment advice; consult a licensed adviser for individual decisions.