Wednesday, June 15, 2016

Turkey: 1,000 MW Geothermal Energy by 2018

Turkey likely to reach geothermal sector's 1,000 MW target by 2018, ahead of 2023, say EBRD officials (Energy Observer)

The geothermal sector in Turkey, which is developing very dynamically, is very likely to reach the objective of 1,000 MW capacity well before its target of 2023, said Natalia Khanjenkova, managing director for Turkey and Central Asia at the European Bank of Reconstruction and Development (EBRD) on Tuesday.

Speaking exclusively to Anadolu Agency, Khanjenkova said Turkey has big potential for geothermal energy.

"I understand the estimates are between 2,000 - 4,500 MW which are significant resources. This, combined with a strong regulatory framework and very good job done by the government, create the framework that helps investors in the geothermal sector. Another critical factor is the very vibrant private sector that is eager to invest," Khanjenkova said.