Türkiye’s renewable energy capacity is set to grow at a compound annual growth rate of 17.1% between 2024 and 2035, GlobalData has said.
The country, which continues to rely heavily on fossil fuel and electricity imports to meet its domestic power demand, is set to generate 38.2GW of renewable energy by 2035, while overall power generation is set to total 213.5TWh.
Renewable energy capacity
“Türkiye aims to quadruple its wind and solar capacity, targeting a goal of 120GW by 2035,” commented Attaurrahman Ojindaram Saibasan, senior power analyst at GlobalData. “To achieve this, the country plans to install between 7.5 and 8GW of renewable energy capacity annually, with an investment of $80 billion.
“The strategy includes the addition of at least 2GW of wind capacity each year through YEKA auctions, which included 1.2GW of wind and 800MW of solar in the YEKA 2024 auction. Furthermore, the development of 5GW of offshore wind is targeted. These targets are expected to augment renewable power development.”
Offshore wind development in Türkiye is expected to commence by 2032.
Energy imports
Türkiye’s current power system is still largely reliant on fossil fuels, most of which are imported, with around 74% of the country’s energy needs met via imports.
This includes natural gas from Russia, Iran, Azerbaijan, Algeria, and Nigeria, while its crude oil imports primarily come from Iraq, Iran, Russia, Saudi Arabia, Colombia, Kazakhstan, and Nigeria.
“To overcome the challenge, the country has placed focus on nuclear and renewable power,” Saibasan added. “Within the renewable power segment, solar PV constituted nearly 51.3% of the total renewable power capacity, followed by onshore wind, accounting for 32.9% in 2024.”
GlobalData made its forecast in the report Turkey Power Market Outlook to 2035, Update 2025 – Market Trends, Regulations, and Competitive Landscape. Read more here.
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