dw.com · · DE
Turkey pushes for transition at COP31 as coal burns
Executive Summary
AI-generatedTurkey's energy transition signals modest short-term uplift for renewables, while utilities and gas sectors face flat conditions. Key risk: permitting and financing bottlenecks may delay project execution.
Turkey-specific energy-mix signal: 33 GW of approved battery storage plus 22% wind/solar share expands the domestic equipment and grid-storage pipeline (RENEWABLES, UTILITIES), while the June decision to expand a large coal plant and near-double its capacity keeps coal demand alive. The commercial channel is import substitution: with 95% gas, 83% oil and 60% coal imported, electrification shifts Turkey's input cost from FX-denominated fossil imports toward domestic renewables and storage capex. Winners: Turkish renewable developers, battery/storage suppliers, grid operators; losers: coal importers and gas-fired generators facing lower utilization. Magnitude is medium and country-specific; project financing, commissioning timelines and capex amounts are (not specified).
Key Insights
- Turkey has approved more than 33 GW of battery storage projects since 2022
- Wind and solar now provide 22% of Turkey's electricity, up from 4.5% a decade ago
- Turkey's coal-fired generation rose roughly one-third over the last decade and in 2024 overtook Germany and Poland in coal power capacity
- Turkey imports 95% of natural gas, 83% of crude oil and 60% of coal
- Turkey launched the '35x35' global electrification pledge in September, targeting 35% electrification by 2035 (from just over 20% today)
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