Turboden Seeks to Expand Market Share in Turkey (GBR)
Interview with Joseph Bonafin, Sales Manager, Geothermal Applications, Turboden
GRC Member company
Turboden (a group company of Mitsubishi Heavy Industries) has long been interested in establishing a direct presence in the Turkish market, especially through the establishment of assembly facilities. Our greatest concern though, at least historically, has been intellectual property protection. There are very few countries and companies in the world that have access to ORC technology. We needed to be certain that the processes driving our technology would be protected. Additionally, we needed to ensure that the regulatory structures promoting local manufacturing within Turkey, especially for turbine manufacturing, would prove sufficiently attractive upon maturation. We are now confident that both of these criteria have been met and, as a result, we are now finalizing the establishment of our Turkish office and our first contract where our client will benefit from Turkey’s local content incentive scheme.
Turkey has strong potential for geothermal energy; scientifically speaking, thousands of MW. The ability of the country to transform this potential into generation, however, will be checked by both the resources available domestically and the readiness of the market. For these reasons we expect that by 2020 we will see 1,500 MW of geothermal energy realized, both from traditional flash processes and ORC cycles. We expect annualized growth of 200 MW.
GRC Member company Turboden will be exhibiting at the GRC Annual Meeting & GEA Geothermal Energy Expo, September 20-23 at the Peppermill Resort Spa Casino, Reno, Nevada, USA.
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