18 Jun 6.4 BILLION LIRAS TO RENEWABLE ENERGY
In Turkey, electricity-generating plants from renewable energy sources in the first half of this year, was made to pay 6 billion 477 million liras. Wanting to maximize the share of renewable resources’ energy portfolio in domestic, Turkey guarantees purchases per kWh to electricity production of wind, hydropower, geothermal, biomass and solar energy from sources in the scope of Renewable Energy Sources for the Support Mechanism (YEKDEI).
This purchase guarantee is applied as 7.3 dollars cent for wind and hydroelectricity, 10.5 dollars cent for geothermal, and 13.3 dollars cent for biomass and solar. These incentives may vary slightly depending on the use of domestic equipment. In the first 6 months of this year, power plants within the scope of YEKDEM produced 26 billion 229 million 882 thousand kilowatt-hours of electricity. Within the framework of the purchase guarantees, 6 billion 477 million liras were paid for electricity obtained from renewable energy sources in the first half of this year. Of this amount, 250 million 871 thousand TL was paid to unlicensed electricity generation plants.At the end of last year, 556 energy companies applied to the Energy Market Regulatory Authority (EMRA) in order to benefit from the incentives within the scope of YEKDEM. It was calculated that the installed power of the companies in question was 14 thousand 684 megawatts and their annual production would reach approximately 59 billion kilowatt hours. According to this calculation, 35 billion kilowatt-hours of production will be produced from hydroelectricity, 17 billion kilowatt-hours from wind, 5 billion kilowatt-hours from geothermal resources and 1 billion 630 million kilowatt-hours of production from biomass resources. With the arrangement made in April, EMRA paved the way for YEKDEM participants to gain additional income in return for reducing the imbalances of their power plants by making healthy production planning.