Turkey:

Turkey Eyes 1 GW of Geothermal as Part of New Clean Energy Strategy (PV-Tech)

(Courtesy CIA.gov)

Turkey is targeting 1 GW (1,000 MW) of installed Geothermal power by 2023 as part of a new strategy on renewable energy deployment developed with Deloitte and the European Bank for Reconstruction and Development (EBRD).

The Ministry of Energy and Natural Resources has brought its plans in line with the EU Renewable Energy Directive. It has pledged to have renewables represent 30% of its installed capacity by 2023. This goal has been segmented by technology type with 34 GW of hydro, 20 GW of wind, 5 GW of solar and 1 GW each of geothermal and biomass.

Grant-funding from the EBRD enabled the government to bring in consultancy firm Deloitte to work on the plan.

Initiatives include financial support for projects, cutting red tape and improving the legal framework, enhancing the interconnection infrastructure and developing support mechanisms such as the early stage geothermal support framework currently being pioneered by the Bank.

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