13/04/2018

HOT NEWS OF THE WEEK - TURKEY SETS NEW GEOTHERMAL DEVELOPMENT TARGET OF 4,000 MW BY 2030

This week the Turkish Geothermal Electricity Power Plant Investors Association opened its 2 day geothermal workshop in Ankara. During the opening session Mr Oguz Can, General Manager of the General Directorate of Renewable Energy (YEGM) disclosed that the country has already exceeded its geothermal development target set at 1,000 MW by 2023 with a total installed capacity accounting for 1,155 MW in goethermal power generation. There are only three countries exceeding Turkey's installed capacity (United States 3,591 MW, Philippines1,868 MW and Indonesia1,809 MW).

Considering this success, Turkey has set a new target of 4,000 MW capacity to be installed within 2030: “We, as the Ministry of Energy and Natural Resources, think that geothermal energy is a sector in which strategic and important developments need to continue,” announced Mr Can.

Currently the major development of geothermal power plants is located in the western part of the country, but new areas will be explored, and also direct use, such as in agriculture, will have an important role in achieving this goal according to the Ministry.

Following the 2 day workshop a report will be released analysing the development of the geothermal energy market and the future challanges ahead fo this new ambituos target.

Source:  ThinkGeoEnergy

04/12/2018
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