Turkey, resolutely looking to the future, is preparing to inject new dynamics into the renewable energy sector. By 2035, it plans to add at least 2,000MW of renewable energy capacity each year. This vast project, supported by auctions organized by the Ministry of Energy, aims to reduce the country’s energy dependence, which currently relies 73% on imports. With the YEKA initiative, Turkey strengthens its position as an energy leader in Europe, while offering foreign investors a promising opportunity to engage in this transformation. This strategy, a driver of supply security and economic recovery, could well redefine the region’s energy future.
Turkey aims to increase its renewable energy capacity by at least 2,000 MW each year until 2035, with the goal of boosting investments in the sector. The Ministry of Energy will resume its auctions in 2025 for specifically designated areas, known by the Turkish acronym YEKA. This initiative is essential to reduce its external dependence on energy, currently at 73% in terms of imports for its primary energy needs.
Turkey and its ambitions in renewable energies
With strong momentum and to reduce its energy dependence, Turkey plans to increase its renewable energy production capacity by adding at least 2,000 MW each year until 2035. This ambitious strategy aims to attract investors eager to engage in sustainable projects. By resuming the auctions in the designated YEKA areas, the government aims to accelerate infrastructure development and provide a robust alternative to fossil fuels.
Economic and environmental challenges
The energy transition in Turkey represents a unique opportunity to combine green economy and supply security. By diversifying its energy sources, the country hopes to strengthen its position on the international stage while stimulating the local economy. Recent collaborations, such as that of TotalEnergies with Rönesans Holding, illustrate this growth potential and the growing interest in clean energy. Such changes not only meet economic needs but also offer a sustainable environmental perspective.
Impact on international investment
The proactive policy of Turkey encourages foreign investors to turn toward a promising market. Indeed, Turkey’s commitment to renewable energies attracts attention, particularly from large European and Asian companies. These promising initiatives enhance the country’s economic appeal and could change the global energy landscape. By exploring new collaborations and investments, Turkey positions itself as a key player in the renewable energy sector.
