Turkey plans to significantly increase the share of domestic energy sources.
Turkey is moving towards energy independence
Turkey is actively investing in the development of its own energy resources to become less dependent on imports. Under the new plan, by 2028, 63% of electricity will be obtained from domestic sources. The goal of this approach is to strengthen the economy and stabilize energy supply.
The Ministry of Energy and Natural Resources of Turkey has published a Strategic Plan for 2024-2028, which identifies the country's resource needs and sets goals to meet those needs. According to the plan, by 2028, electricity produced in the country will amount to 270 billion kilowatt-hours per year, and the share of domestic resources in electricity production will increase to 63%. The plan also envisions an increase in the number of solar power plants to 33% and wind power installations to 19.3 GW. Furthermore, there are plans to build a nuclear power plant.
The program also includes an increase in the production of oil, gas, and gas storage capacities. It is planned to increase oil production to 210,000 barrels per day, gas to 42.5 million cubic meters per day, and gas storage capacities to 12 billion cubic meters. Additionally, plans are in place to increase the volume of mineral exports to $10 billion per year.
Turkey is already implementing the use of renewable energy sources such as hydropower, solar, and wind energy, and is working on modernizing coal-fired power plants to reduce environmental impact.
Turkey continues to increase its own oil and gas production to rely less on imports and ensure energy security. By 2025, it is planned to conduct drilling operations on 270 new wells for oil and gas extraction.
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