Friday, October 25th, 2013
Though Norway in June overtook Russia in total exports of natural gas to Europe, the balance of Russian gas to Europe comes through Ukraine, which itself is dependent upon Russia for 60% of its current gas consumption.
While Ukraine controls the transit of 90% of its gas to Europe, Russia is consistently trying to use its gas (more…)
Monday, October 26th, 2009
Turkey’s alternative energy potential is huge, but it remains locked – at least so far. Earlier this month, Ankara hosted the International Energy Congress on Renewable Energy where the Turkish energy sector was the main discussion point. The congress attracted a record number of participants from public and private sectors, including the Turkish Minister of Energy and members of the country’s Parliament. It was once more observed that the potential of investments in Turkey is by far exceeding the enthusiasm of the bureaucrats and the readiness of the Turkish infrastructure.
Thursday, July 30th, 2009
The Turkish Statistical Institute announced that the Turkish economy shrank 13.8% and that the unemployment rate increased to 14.9% in the first quarter. Despite these difficult economic conditions, the Turkish wind industry is still one of the fastest growing industries in the country. One reason is that Turkey may face electricity shortages in the near future, furthermore Turkey has just ratified [the] Kyoto agreement which is going to result in carbon emission reduction targets for the post 2013 period.
Among other renewable resources, wind has been the most popular and most approachable power source in the last four years. The use of wind power started around 1,000-1,200 AD in Anatolia, as early as in other European countries. However, Turkey’s development throughout the centuries has not been as fast as that of its counterparts. At the time when Turkey installed its first 0.5 MW wind turbine in Izmir in 1998, Germany had already installed almost 3,000 MW.
Thursday, July 2nd, 2009
The Turkish government will revive a $1.6 billion dam project on the Tigris River despite concerns that it will displace tens of thousands of people, damage wildlife habitat, and destroy historic archaeological sites.
Preparations for the Ilisu hydroelectric dam were suspended for six months after financial institutions in Germany, Switzerland, and Austria announced that they were withholding financial support because of environmental concerns.
But Veysel Eroglu, Turkey’s environmental minister, said the financing would be made available for what the government considers an important part of a $32 billion plan to boost the economy in the nation’s southeastern corner, a region disrupted by armed conflict between the government and the outlawed Kurdistan Workers Party. Eroglu said improvements have been made to assure the project will meet international standards.
Thursday, June 25th, 2009
When we talk about wind, solar and geothermal power, geographical conditions such as surface areas and sunny latitudes are very important. Turkey offers excellent conditions for all of these renewable energy sources. Its young population of 70 million – 61% are under the age of 35 – and its strategic location between Europe and the Middle East, add to Turkey’s potential for a leading green power nation.
As Turkey aims at taking its place among the top-ten biggest economies by 2050, an increase in its energy consumption is inevitable. Electricity demand has been growing with an annual rate of 6.5% since 2002, up to current levels of 198,000 GWh/y. Scenarios forecast a 6% growth rate until 2020, compared to growth rates of 1-3% in developed countries. However, Turkey’s growth of electricity supply barely matches its fast growth of demand. The country began experiencing shortages already, and power has become a more popular daily topic. (more…)
Monday, March 30th, 2009
Wind farms in Morocco boast a 40% load factor, and the standard price for electricity is comparable to the European feed-in-tariffs. That looks like a great place to invest, right? On top of that, you can benefit from the Clean Development Mechanism and sell carbon credits. So why isn’t the market growth even stronger?
Well, the first issue is the weakness of the local demand. This implies that investing South of the Mediterranean is essentially an export business to the EU, which requires that proper power lines be in place. There you start to need international cooperation, which is always a slow process. Fortunately the Union for the Mediterranean was launched last year, as an effort to do just that. However, the implementation has been cumbersome because of the Israeli-Palestinian conflict.