Energy

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Türkiye's rank in Europe by installed electricity capacity, with nearly 120 GW as of 2025.​​

6th​​

Türkiye's rank in energy consumption in Europe and the wider region.​​

​3rd​ ​

Türkiye's combined wind and solar installed capacity goal by 2035.

120 GW ​

Clean generation share targeted by 2035, up from 45% in 2024.​

​55%

​Capacity of Akkuyu Nuclear Power Plant under construction set to deliver baseload, carbon-free electricity.​

​4.8 GW

​10-year USD-based Feed-in Tariff ensuring stable and predictable cash flows for renewable investors.​

​USD-based FiT

​Accelerated approval and permitting processes that streamline project development timelines.

​Streamlined processes

​Battery-integrated wind and solar projects in pre-licensing, forming one of Europe's largest storage-backed pipelines.

​33 GW pipeline

​Capacity awarded in the early 2025 auction, part of regular annual auctions offering consistent, transparent opportunities for new investors.

​2,000 MW

​​​​​​​​​​​​​
​​ Energy

Growing Population, Expanding Economy, Rising Demand

Türkiye’s young and dynamic population, rapidly growing economy, and accelerating industrialization and urbanization continue to drive energy demand upwards. These structural trends, combined with the country’s strategic location at the nexus of Europe, Asia, and the Middle East, reinforce Türkiye’s ambition to become a regional energy hub.

Electricity Sector Snapshot

  • Electricity Generation (2024): approximately 343 TWh
  • Installed Capacity (mid-2025): approximately 119.6 GW
  • Market Characteristics: Liberalized, investor-friendly market with a robust regulatory framework and strong private-sector participation.
  • Future Focus:
    • Scaling up renewable capacity and accelerating integration of storage solutions to support the green transition.
    • Modernization of transmission and distribution grids to enhance reliability and enable higher penetration of renewables.
  • Nuclear Energy: The Akkuyu Nuclear Power Plant (4.8 GW) is under construction. Once operational, it will supply baseload, carbon-free electricity—bolstering both supply security and Türkiye's decarbonization trajectory.​

Renewable Energy and Capacity Mix (mid-2025)

  • Solar Power: 22.9 GW
  • Wind Power: >13.5 GW
  • Hydropower: 32.3 GW (around 27 percent of total capacity)
  • Geothermal Power: approximately 1.7 GW, placing Türkiye among the top global geothermal markets.
  • Battery-Integrated Projects: around 33 GW of wind and solar projects with battery storage are currently in the pre-license phase, demonstrating strong momentum in the development pipeline.
  • Future Target: By 2035, Türkiye aims to reach 120 GW of combined wind and solar capacity, significantly strengthening its renewable generation profile.
  • Overall: Renewables already account for more than 58% of installed capacity, positioning Türkiye among Europe's leading renewable energy markets.

Strategic Framework and Incentives

  • Auction Mechanism: Transparent and competitive framework for renewable project allocation. The most recent auction was held in early 2025 for 2,000 MW, and such tenders are organized regularly on an annual basis.
  • Hybrid Projects: Integration of renewables + storage enhances system flexibility and unlocks new business models.
  • YEKDEM: Dollar-based Renewable Energy Support Mechanism offering long-term, predictable revenue streams to investors.
  • Net Zero 2053: Renewables, energy efficiency, and storage are the foundational pillars of Türkiye's decarbonization agenda.

Natural Gas,​ LNG, and Storage​

  • Natural Gas Consumption: Approximately 53 bcm annually
  • LNG & FSRU Infrastructure:
    • Onshore Terminals: Marmara Ereğlisi (37 mcm/day), Egegaz Aliağa (40 mcm/day)
    • FSRUs: Etki Liman (28 mcm/day), Ertuğrul Gazi (28 mcm/day), Saros (28 mcm/day)
    • Total capacity across LNG, FSRU, and storage facilities: approximately 276 mcm/day
  • Under​g​round Storage Expansion:​
    • Current: approximately 5.8 bcm (Silivri 4.6bcm, Lake Tuz 1.2 bcm)
    • Target: 13.4 bcm by 20​28, strengthening seasonal balancing and long-term supply security
  • Sakarya Gas Field (Black Sea):
    • Current production: approximately 10.5 mcm/day
    • 2026: With the Osman Gazi platform, output will exceed 20 mcm/day
    • 2028: A second platform will raise production to ~40 mcm/day

Key Investment Areas

  • Wind & Solar Auctions: Regular annual tenders provide predictable opportunities. The latest auction (early 2025) awarded 2,000 MW of capacity, demonstrating continued government commitment.
  • Hybrid Projects with Storage: Around 33 GW of wind and solar projects integrated with battery storage are under development at the pre-license stage, offering a substantial pipeline for investors.
  • Self-Consumption Market: Large-scale solar projects developed for self-consumption are creating new opportunities in Energy Performance Contracts (EPC/ESCO model), enabling efficiency gains and tailored renewable solutions for industrial consumers.
  • Transmission and Grid Modernization: Ongoing investments in upgrading the grid and smart systems will support further integration of renewables and open new business areas for technology providers.​
​

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Success Stories

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​​​​​​​​​​GE is the world's digital industrial company – transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure, and intellect. Each invention further fuels innovation and application across various industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. ​GE has been powering, improving, and constructing with its activities in Türkiye for nearly 70 years. Since its entry into the Turkish market in 1948, GE has expanded through the formation of strong partnerships, invested in innovation, technology and local capacity, and solved some of the country's toughest technological problems, such as reliable electricity, healthcare, and transportation. GE is headquartered in Istanbul and has facilities in five cities staffed by approximately 2,300 employees. History of GE Türkiye 1948: GE became one of the first foreign industrial ventures in Türkiye when it established a light bulb factory in cooperation with the Koç Group. 1985: TUSAŞ Engine Industries (TEI) (46% GE), a high-technology investment in cooperation with the Turkish government. The enterprise, which is the foundation of Türkiye's aircraft engine industry, is now a world-class facility that employs 1,900 people. 2000: Marmara Technology Center (MTC) (100% GE) is an aircraft engineering technology center for construction and control technologies located at the TUBİTAK campus in Gebze, Kocaeli. 2007: An engineering agreement was signed between Türkiye Technology Center (TTC), TUSAŞ Engine Industries (TEI), and GE MTC, which focuses on R&D, design, and development of new technologies for aircraft engines. 2008: GE Healthcare's Eastern and Africa Growth Markets (EAGM) region selected Türkiye for its headquarters. 2008: The TÜLOMSAŞ Strategic Partnership – a memorandum of understanding signed by GE Transportation and TÜLOMSAŞ – was established to supply GE's PowerHaul™ series locomotives manufactured in Eskişehir. 2010: The partnership agreement signed between TEI's Turkish partners, Turkish Aerospace Industries Inc. (TAI), the Turkish Armed Forces Foundation (TAFF), the Turkish Aeronautical Association (TAA), and GE on January 10, 1985, was extended for another 25 years. 2011: The TÜLOMSAŞ Strategic Partnership completed the assembly of the first locomotive in Eskişehir. 2012: The Repair Development Center, established in 2012 as a joint initiative between TUSAŞ Engine Industries (TEI) and GE Aviation, was inaugurated to help better serve the aviation and energy industry in Gebze. 2014: GE's sole Aviation Coating Primary Laboratory was opened at TTC to focus on R&D into new testing methods that will enable aircraft engine parts to complete their projected lifecycle seamlessly for the Aviation Supply Chain. 2015: GE acquired Alstom's energy businesses globally. After this acquisition, GE's number of employees in Türkiye reached nearly 2,000. 2016: GE Healthcare was awarded 4 Türkiye integrated health campus PPPs valued at approx. USD 223 million by Dia, Gama, and Türkerler. 2016: Activities and investments were initiated to convert GE's Power Transformers factory into a more efficient facility, with gains of up to 30% additional efficiency expected in the coming years. 2017: LM Wind Power, a GE Renewable Energy business and a leading designer and manufacturer of wind turbine blades, began production at new wind turbine blade plant in Bergama, Izmir. The facility is expected to manufacture and distribute an annual capacity of 500 megawatts (MW), with the capability to expand to 1,500 gigawatts (GW). ​ GE Türkiye in figuresEvery two minutes, an airplane equipped with parts manufactured in Eskişehir takes off in the world.GE/CFM engines power more than 60 percent of all airplanes in Türkiye.More than one-quarter of the total power production in Türkiye is generated through GE's cutting-edge technology gas, wind, hydro, steam turbines, or biogas engines.More than 20,000 GE Healthcare technologies help doctors and patients every day.Türkiye Technology Center, with over USD 10 million in investment and more than 400 world-class engineers, has combined for over 5 million engineering hours to date. TTC is the design owner of the gas turbine product line up to 100 MW, which is used in commercial and military ships, industrial power plants, oil platforms, and pipelines.​​​

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​​​​​​​The story of Royal Dutch Shell started in the early 1900s with the decision of the UK and the Netherlands to cooperate in the petroleum sector. While the company was created in 1907 though the amalgamation of the Royal Dutch Petroleum Company and the UK's Shell Transport and Trading Company, it was not until nearly a century later, in 2005, that the two companies unified under one banner - Royal Dutch Shell plc.Today, Shell is operating in more than 70 countries with over 92,000 employees, 43,000 filling stations, and serving more than 30 million customers daily. Shell's strategy seeks to reinforce its position as a leader in the oil and gas industry, while helping to meet global energy demand in a responsible way. Safety and environmental and social responsibility are at the heart of Shell's activities.Operating in Türkiye since 1923, Shell is working continuously to lead the Turkish energy industry with its innovations and superior standards while contributing to the Turkish economy. Shell Türkiye also shares its technical and technological knowledge, its global experience in R&D and Health, Safety, Security and Environment (HSSE) with wider society. In 2006, as part of an effort to strengthen its network of service stations and grow its operations, Shell founded Shell & Turcas Petrol A.Ş. with a 70 percent ownership stake in a joint-venture with one of the Turkish industry's long-established companies, Turcas Petrol. Shell & Turcas Petrol A.Ş. carries out retail fuel and lubricant and commercial fuel, lubricant and fleet activities, while other Shell companies in Türkiye run oil and gas exploration, aviation, chemicals, maritime, and energy trade activities.Shell & Turcas serves more than 1 million customers a day through its network of over 1,000 service stations in Türkiye. Having maintained its leading position for 11 years in a row in the Turkish lubricants market, Shell & Turcas is also a leader in the Turkish gasoline and diesel fuel market and it is among the top exporters of Türkiye, exporting lubricants and grease to 57 countries from its production facility in Derince, Kocaeli. ​Shell contributes not only to the Turkish economy, but also to its social and cultural development. It creates value for Türkiye by providing employment, by developing the capacity of its business partners, and through its social investment projects. Shell Türkiye has around 700 employees, including the employees of Shell & Turcas Petrol A.Ş., and the company indirectly provides employment for approximately 15,000 people.​​

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