Published on May 12th, 2015 | by Mridul Chadha5
Turkey Gets Blockbuster Response To Wind Energy Projects Auction
May 12th, 2015 by Mridul Chadha
Yet another renewable energy projects auction, this time in Turkey, has attracted an overwhelming response from project developers.
Turkey, an emerging renewable energy market, had invited bids to auction pre-licensed wind energy projects of cumulative capacity worth 3 GW. Turkey’s Energy Market Regulatory Authority announced earlier this month that it received applications from prospective developers to set up over 42 GW of wind energy capacity, nearly 14 times the available limit.
Applications were submitted by the developers between 24 and 30 April, and developers looked keen to set up most of the projects in three provinces. Specifically, most applicants are interested in setting up projects in the western province of Çanakkale which is located at the Aegean Sea coast, making it, understandably, the first choice of project developers to set up wind power plants. 115 applications representing 5.5 GW capacity were received for the province, with an average project size of almost 50 MW. Developers also proposed to add 4.5 GW capacity in the western province of Balıkesir and 5 GW in the southern province of Karaman-Mersin. Both the provinces are land-locked but near to the coast and may offer significant wind energy potential.
This highly encouraging response to the wind energy tender will help the Turkish government to achieve its goal of setting up 20 GW wind energy capacity by 2023. Turkey has also set a target to procure 30% of all its electricity needs from renewable energy sources by 2023. The Turkish government is also looking to promoting other renewable energy technologies with target to set up 34 GW hydro power, 5 GW solar power, 1 GW geothermal power, and 1 GW biomass-based power capacity by 2023.
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