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More than 270 people joined us for the presentation of the Energy Storage Coalition''s policy manifesto for the period 2024-2029. We delved into pressing issues facing the energy storage sector and heard from industry

6 FAQs about [Latest news on ankara s energy storage policy]

What are the new energy grid regulations in Turkey?

The new provisions, which have been in force since May 9, when they were published in the country's official journal, are aimed at implementing the primary legislation for the grid connection of energy storage systems that was issued by the Turkish authorities in February 2020.

What should Turkey's energy policies look like?

Turkish leaders should devise energy policies that respond to domestic priorities, regional ambitions, and the challenges posed by climate change. Turkey has an energy dependence problem. For the past two decades, Ankara’s energy needs have been on the rise, and they are projected to continue on an upward trajectory until at least 2035.

Does Turkey benefit from Russia's Akkuyu power plant?

The Akkuyu plant is just one of the many facets of the Turkey-Russia energy relationship, and one from which Turkey reaps a certain financial benefit. In July 2022, Russia transferred $15 billion to Turkey for the completion of the power plant, following a previous payment of $5 billion.

How big is Turkey's storage market?

According to Engur, who cited recent reports on the Turkish storage market, the country has the potential for 16 GWh in the residential segment, 21 GWh in the commercial and industrial sector, and more than 25 GWh in the utility scale business.

Should the EU invest in Turkey's renewables?

For that to happen, the EU should increase its investments in Turkey’s renewables—something the union has done for other countries in its neighborhood—and explore cooperation on the production of carbon-free, renewable electricity.

Why does Turkey need to diversify its energy basket?

Turkey’s dependence on external energy contributes to the state budget’s current account deficit and exposes the country to external shocks and the fluctuations of international energy prices. For these reasons, over the years, Turkish policymakers have designed policies to diversify the country’s energy basket.

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