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Renewable energy in Turkey

Turkey is one of the richest country in the world in terms of renewable resources.[1] For geothermal energy Turkey is ranked first in Europe and seventh in the world. Installed capacity of wind energy in Turkey is increasing rapidly from 20MW in 2002 to 4503MW in 2015. 

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Turkey's renewable energy capacity of 24 gigawatts in 2013 is projected to reach 39 gigawatts in 2020.

Solar energy potential in Turkey is 977,000 (TWh/year) from which 6105 (TWh/year) is technically possible. However due to the high price of the solar energy only 305 (TWh/year) is economic potential.Wind energy technical potential is 290 TWh/year. Technical potential of hydraulic energy is 216 TWh/year and economical potential is 127.4 TWh/year. The World Bank has announced a credit line of $350 million to support the financing of renewable energy projects in Turkey.

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Grid parity for solar is forecast for 2018 and for onshore wind 2019.

Biomass is also one of the major resources for the renewable energy in Turkey, yearly biomass economical potential of the Turkeyis 8.6 mtoe/year.

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