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Camlibel
Yozgat, Sivas, Tokat
2,735,913
1.2
Cengiz - Kolin - Limak
Aras
Erzincan, Bayburt, Erzurum, Ardahan, Kars, Agri, Igdir
2,686,692
1.2
Calik Holding
Vangolu
Bitlis, Van, Mus, Hakkari
2,008,267
0.9
Turkerler Holding
Total
Turkey
229,597,914
100
-
A total of 52 hydroelectricity power plants (HPP) with 1,439 megawatts (MW) total installed capacity have been put in use in the last two years in Turkey, state-run news service Anadolu quoted Energy and Natural Resources Minister Fatih Donmez as saying on July 5.
The country has invested more than TRY11bn (around $1.6bn) in those HPPs built in 26 provinces, he said, adding that those plants are providing electricity to nearly 1.9mn households across the country.
Those investments have boosted the country’s installed capacity to 91,000 MW from 31,000 MW in 2002, according to the minister.
The Energy and Natural Resources Ministry estimates that hydraulic resources, which hold the most important position in Turkey’s renewable energy potential, possess a hydroelectricity potential of 433bn kWh, while the technically usable potential is 216 kWh, and the economic hydroelectricity potential is 140 billion kWh per year.
Turkey’s Petroleum Pipeline Company (BOTAS) has cut natural gas prices for the industrial sector between 9.7% and 12.5%, while the country’s energy watchdog EPDK said that the current tariff on the cost of electricity for the sector will remain in force for the next three months, Daily Sabah reported.
The EPDK also cut the electricity price that the state-owned power producer EUAS imposes on electricity grids to 13.20 Turkish kurus (Turkish lira 0.132) per kWh for Q3 from 22.83 in Q2. The price stood at 27.56 kurus in Q1 and 34.86 in Q4 2020.
EUAS is the largest electricity producer in Turkey with a total installed capacity of 25,000 MW, followed by Enka with 3,830 MW and Enerjisa with 3,598 MW.
All Turkey’s electricity grids were privatised from 2009 to 2013, and they are currently owned by Erdoganist businessmen.
Buyers of grids obtained FX-denominated financing from Turkish lenders and, as a result, the energy industry’s loan debt to the Turkish banking system rose to $20.4bn in 2013 from $490mn in May 2005.
The overall figure climbed to $34.8bn as of the end of May this year, about 7% of the Turkish banking industry’s overall loan stock.
At $22bn, Turkey’s NPLs have remained high since the 2018 Turkish lira crisis exposed the heavy reliance of the country’s construction and energy companies on foreign debt.
Turkey’s electric utilities were carrying debt amounting to $47bn, of which $12-13bn required restructuring, Turkey’s banking association TBB said in September last year.
Electricity consumption in Turkey declined, for the fourth month in a row, by 2% year on year to 22.5bn kWh in June but suggested a 15% month-on-month recovery compared to May.
Electricity consumption collapsed by 17% y/y in coronavirus-troubled May after plunging 15% y/y in April.
74 TURKEY Country Report August 2020 www.intellinews.com
