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The Turkish Constitutional Court recently ruled that levying consumption tax on the consumption of electricity that the Applicant itself has generated by using coke gas, violated the property right.

Under the Grant Agreement, the World Bank agrees to give Turkey EUR 11,593,021 to assist financing the Project.

Turkey has revised its procedures and principles for making, evaluating, updating and approving electricity demand estimates.

We would like to bring your attention to the latest decisions on the Electricity Market Law that we consider noteworthy.

The Turkish government is planning to submit the Paris Climate Agreement ("Paris Agreement") to the Turkish Parliament for ratification within October 2021.

The most significant characteristic behaviour of an emerging market is displaying volatility in electricity market.

As is known, the renewable energy resources have gained great importance in energy production in Turkey as well as in the world.

A new regulation in Turkey introduces production of base oil from waste mineral oils as an activity which requires a license and outlines principles for these activities.

In this context, an arrangement was made in the implication with the resolution of the Energy Market Regulatory Authority, dated 4 August 2022 and numbered 11098, published simultaneously in the Official Gazette

These prohibitions include prohibitive provisions regarding the transportation of Russian crude oil and petroleum products both to the EU and to third countries.

The amendments made by the Energy Market Regulatory Authority ("EMRA") to the Electricity Market Consumer Services Regulation have introduced provisions ensuring greater transparency...

May 2021 – On 21 May 2021, Turkey's Energy Market Regulatory Authority, EMRA, amended the Electricity Market Capacity Regulation ("Amendment").

May 2021 – The Turkish Energy Regulatory Authority, EMRA, has amended the Petroleum Market License Regulation ("Regulation") with its regulation regarding the Amendment on the Petroleum Market License

Within the scope of the measures taken due to the Corona virus (Covid-19) pandemic, the remote and flexible working model has been adopted for public personnel with the Presidential Circular No. 2020/4.

EMRA (Energy Market Regulatory Authority), Turkey's energy market regulator has amended electricity legislation, particularly focusing on consumer-facing aspects.

Company establishment in Turkey is one of the initially asked questions by an investor before start up of an investment project.

According to the Regulation, all petroleum products need to contain the national marker, a chemical substance which the licensees are obliged to use for verification of the authenticity of their products.

Turkey introduces comprehensive market abuse regulations for energy and environmental markets, establishing new disclosure requirements, defining prohibited conduct...