Turkey: Turkey’s installed capacity to reach 80 GW by the end of 2016

, SEE Energy News

Turkish Minister of Energy and Natural Resources Berat Albayrak said that the country’s installed electricity capacity will reach 80 GW by the end of 2016.

Minister Albayrak explained that Turkey is aiming to have at least 5 GW of new installed capacity each year, which means a minimum annual investment of about 5 billion dollars. He added that the investment cycle will not stop at the end of the year, as the Ministry is making preparations for the coming years, up until 2023.

Turkey’s installed electricity capacity reached over 78 GW with the addition of new 4.93 GW in the last nine months. At the end of 2015, the country’s installed capacity stood at 73.2 GW, and in September 2016 it reached 78.3 GW.

Hydropower was accounted for the largest part in new installed capacity, taking 33.7 % of the share or 1.445 GW. It was followed by gas-fired thermal power plants with 28.9 % share or 1.42 GW.

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