Turkiye leads green energy investment; renewables share over 60%: Prez

He was addressing the 11th Energy Efficiency Forum and Fair in Istanbul.

Outlining Turkiye’s efforts to diversify its energy mix and expand renewables, President Recep Tayyip Erdogan recently cautioned about significant risks of relying on a single country or source for energy requirements.
He said Turkiye has turned one of the leading economies investing in green energy in recent years and the share of renewable energy in its total installed capacity has crossed 60 per cent.

Erdogan stressed that diversification remains key to the security of supply. “Being dependent on a single country, source, or route for energy procurement carries significant risks,” he said. Turkiye imports over 90 per cent of its energy needs.

“Our goal is to expand the economy to $1.9 trillion and lift per capita income to $21,000 by 2028,” Erdogan said, mentioning about targets of the government’s new medium-term programme.

The country’s population is expected to exceed 88 million by 2030 and reach 94 million by 2050, according to the president, up from nearly 86 million as of the first half of this year.

“We all know very well what this means in terms of energy demand and consumption,” the president was quoted as saying by domestic media outlets.

He said the country has turned one of the leading economies investing in green energy in recent years and the share of renewable energy in its total installed capacity has surpassed 60 per cent this year.

Natural gas consumption has also grown rapidly, he said. While in 2002, only five cities in the country had gas infrastructure, all 81 provinces now have such access, Erdogan said. “The share of our population with access to natural gas has risen from 33 per cent to 85 per cent,” he noted.

Turkiye’s transition to clean energy remains a government priority, and the Climate Law adopted in July was an important move toward the 2053 net-zero emissions target, he added.

Turkiye will host the COP31 climate summit next year.

Fibre2Fashion News Desk (DS)