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10/30/08

Todays Zaman: Renewable energy to be encouraged in Turkey

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Alternative Energy - Turkey encourages Renewable energy

A draft of a new law encouraging renewable energy usage in Turkey has been presented to Parliament as part of a move to decrease Turkey's energy dependence. According to the draft, prepared by Soner Aksoy, the head of Parliament's Energy and Industry Commission, the state will guarantee that it will purchase electricity generated from renewable energy plants established within the next eight years. The state will buy electricity from renewable energy plants at higher rates than the average wholesale price arranged by the Energy Market Regulatory Agency (EPDK). "The state will pay 5-18 cents per kilowatt hour for the electricity generated by the renewable energy plants until 2016," Aksoy noted, saying that this was a short-term incentive package and that such applications to encourage entrepreneurs would continue. For the first five years, the state will pay 5 cents per kilowatt hour for hydroelectric energy, 6 cents for wind, 7 for geothermal, 14 for biomass and 18 for solar energy.

As part of the incentives in the draft, state land will be made available for the establishment of renewable energy plants. The General Directorate of Electrical Power Resources Survey and Development Administration (EİE) will convey suitable construction plans to the state, which will allocate land to the project. New public buildings will be constructed in a form that will harness renewable energy as efficiently as possible.

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