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aims to enlarge it to 8,293 km which is equivalent to nearly sevenfold increase
by 2035.
Türkiye has been scaling up and transforming the energy infrastructure. About
73 per cent of the world’s oil and gas reserves are in the surrounding regions.
With a total installed capacity of 104GW by end-2022, Türkiye stands as the
sixth largest electricity market in Europe. The share of private sector in
electricity generation went up from 40 per cent in 2002 to 85 per cent in 2022.
The share of renewables in total installed capacity rose from 33.4 per cent in
2005 to 54 per cent in 2022. Türkiye aims to raise its installed power capacity
to 190GW and increase the share of renewables to 65 percent by 2035.
Türkiye has installed strategic Floating Storage and Regasification Units
(FSRU) and Underground Storage Facilities, and more are underway to reach
the storage capacity equal to 20 per cent of annual consumption.
Türkiye holds the sixth spot in energy productivity in the world according to
data provided by the International Energy Agency. In addition to offering a
large and green energy capacity, higher energy productivity of Türkiye draws
attention of potential investors. While ranking 30th in the Green Complexity
Index in the world (2020), Türkiye ranks 6th in the Potential Green Complexity
Index in the world. This indicator proves the potential of manufacturing
capabilities that can swiftly adapt to green economy conditions and that
enables Türkiye to become a leading green manufacturing hub in the world.
https://www.khaleejtimes.com/supplements/uae-and-turkiye-elevating-relations-to-the-level-of-a-
strategic-partnership