While the share of renewable energy in Turkey's total electricity production was 33 percent in 2021, it increased by 600 basis points to 39 percent in 2022.

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While the share of renewable energy in Turkey's total electricity production was 33 percent in 2021, it increased by 600 basis points to 39 percent in 2022.

Turkey's installed power in the field of Renewable Energy, on the other hand, increased by 6 percent with new investments put into service in 2022 and reached 55,772 megawatts. Fintables, which makes detailed data analysis on companies and sectors listed on Borsa Istanbul (BIST), evaluated the 2022 performance of the energy sector. He prepared a detailed report. According to the report, in 2022 across the country, 21 percent of electricity generation comes from hydroelectric power plants, 11 percent from wind power plants, 23 percent from natural gas power plants, 16 percent from domestic, 20 percent from imported coal power plants, and 3 percent from geothermal energy. power plants and 1 percent from solar power plants.


PRICES HAVE DECLINED

Report Evaluating Fintables Co-Founder, Yunus Şahin drew attention to the recent increase in the shares of Solar Power Plants (GES) in industrial production. Şahin used the following statements: “We find it highly likely to see a retracement in prices in the upcoming period as well. At the beginning of this year, the market clearing price (PTF) decreased with the discount on the natural gas used by the power plants. The SPP investments of the industrialists and the applications for the energy storage license will be one of the important topics of the coming years.”