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Sunday, 22 January 2023

Turkey announces new energy plan to meet 2053 net zero target

Turkey reveals new national energy plan: Turkey will increase its quota of renewable energy generation in its energy mix by 7 percentage points by 2035 to 23.7% — up from 16.7% in 2020 — and will generate some 190 GW of clean power, Anadolu Agency reports quoting Natural Resources Minister Fatih Donmez. The country is eyeing a green hydrogen electrolyzer generational capacity totaling 2 GW in 2030, increasing to 5 GW in 2035 and 70 GW in 2053 to help realize its net-zero commitment, Donmez noted.

The details: The targeted expansion in renewables would be mainly sourced from solar and wind power projects, with nearly 74.3% of the energy boost yielded from both solar and wind. By 2035, Donmez projects the country will have a solar generation capacity totaling some 53 GW, wind power generation worth 29.6 GW, hydroelectric energy generation worth 35.1 GW, and 5.1 GW from geothermal and biomass power production plants combined. The country also plans to source over 11% of its energy needs from nuclear power, Donmez added.

Part of its climate targets: Turkey said it would raise its 2030 greenhouse gas emissions reduction target to 41% below the business as usual scenario — from 21% previously — in November.

But there’s still a question of financing: According to a statement from the European Bank for Reconstruction and Development last November, the country’s wind energy potential lacks financing. The country currently generates 11 GW from wind power, but has an untapped potential of between 40 to 50 GW from wind energy sources.

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