Strategic Analysis of Renewable Energy Market in Turkey

Promising Market with High Growth Implications

  • Research Code : M8B5-01-00-00-00
  • SKU : EG00088-EU-MR_00583
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  • Release Date : 19-May-2014
  • Region : Europe
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Turkeys renewable energy market is posed for rapid expansion as the country is pushing to reach its ambitious 2022 target for renewable energy deployment. As the energy demand is forecast to continue growing, a strong mix of local and international participants has emerged to put the government plants into reality. The development in certain market segments has been slow due to administrative and legislative barriers; however, the statutory environment is improving. The present study discusses drivers and restraints for the future of renewable energy in Turkey, as well as installed capacity forecasts until 2017. The study focuses on wind, solar and geothermal energy.

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