Strategic Analysis of Renewable Energy Market in Turkey

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Turkey’s 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.

Table of Contents

Scope and DefinitionsScopeDefinitionsExecutive SummaryExecutive SummaryExecutive Summary—Market Engineering MeasurementsExecutive Summary—Market Engineering Measurements (continued)Executive Summary—Market Engineering Measurements (continued)Executive Summary—Market Engineering Measurements (continued)Executive Summary—Market Engineering Measurements (continued)Executive Summary—CEO’s PerspectiveMarket OverviewMarket Overview—DefinitionsMarket Overview—Key Questions This Study Will AnswerMarket SegmentationHistorical Market DevelopmentHistorical Market Development in TurkeyTurkish Electricity Market Installed CapacityTurkish Electricity Market—Electricity Demand GrowthRoadmap of Energy Generation from RenewablesLegislation Regarding Renewable Energy ResourcesLegislation Regarding Renewable Energy Resources (continued)Legislation Regarding Renewable Energy Resources (continued)Strategy PaperIncentive MechanismsSolar Power MarketOverview of Solar Power Market in TurkeyDrivers and RestraintsDrivers ExplainedDrivers Explained (continued)Drivers Explained (continued)Drivers Explained (continued)Restraints ExplainedRestraints Explained (continued)Restraints Explained (continued)Restraints Explained (continued)Solar Power Market—Market Engineering MeasurementsForecast AssumptionsSolar Power Market—Revenue and Installed Capacity ForecastRevenue and Installed Capacity Forecast DiscussionRevenue and Installed Capacity Forecast Discussion (continued)Solar Power Regional Substation CapacitiesLicensing PeriodIndustry Structure for Licenced CapacityLegislative Framework for Solar Power MarketCompetitive Environment in Licenced Solar Power MarketMarket ShareCompetitive Factors and Assessment—Non-licenced/ Below 1 MWCompetitive Factors and Assessment—LicencedCompetitive Factors and Assessment—Feed-in Tariffs and Local Content Rates Roadmap of Solar Power Market Development Wind Power MarketOverview of Wind Power Market in TurkeyDrivers and RestraintsDrivers ExplainedDrivers Explained (continued)Drivers Explained (continued)Restraints ExplainedRestraints Explained (continued)Restraints Explained (continued)Wind Power Market—Market Engineering MeasurementsForecast AssumptionsWind Power Market—Revenue Forecast and Installed Capacity ForecastRevenue Forecast and Installed Capacity Forecast DiscussionWind Power Market—Installed Capacity ClusteringLicensing PeriodIndustry StructureMarket Share—Project DevelopersMarket Share AnalysisCompetitive EnvironmentTop CompetitorsCompetitive Factors and AssessmentMarket Share—OEMs Competitive Factors and AssessmentCompetitive Factors and Assessment—Feed-in Tariffs and Local Content Rates Geothermal Power MarketOverview of Geothermal Power Market in TurkeyOverview of Geothermal Power Market in Turkey (continued)Overview of Geothermal Power Market in Turkey (continued)Drivers and RestraintsDrivers ExplainedDrivers Explained (continued)Restraints ExplainedRestraints Explained (continued)Restraints Explained (continued)Geothermal Power Market—Market Engineering MeasurementsForecast AssumptionsGeothermal Power Market—Revenue and Installed Capacity ForecastRevenue and Installed Capacity Forecast DiscussionGeothermal Power Market—Installed Capacity ClusteringLicensing PeriodGeothermal Power Market—Industry StructureMarket ShareMarket Share AnalysisCompetitive EnvironmentTop CompetitorsCompetitive Factors and AssessmentCompetitive Factors and Assessment—Feed-in Tariffs and Local Content Rates The Last WordThe Last Word—Three Big PredictionsLegal DisclaimerAppendixMarket Engineering MethodologyGlossaryList of Companies in “Others”Partial List of Companies Interviewed




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