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ARTICLE · 08 DECEMBER 2020

Changes To Renewable Energy Support Mechanism

The Law No. 7257 Amending the Electricity Market Law and Certain Other Laws ("Law No. 7257") was published in the Official Gazette on 2 December 2020 and became effective on the same date.

TurkeyEnergy and Natural Resources

New Developments

The Law No. 7257 Amending the Electricity Market Law and Certain Other Laws ("Law No. 7257") was published in the Official Gazette on 2 December 2020 and became effective on the same date. The Law No. 7257 introduced significant changes to the Turkish Renewable Energy Resources Support Mechanism (tr. YEKDEM) through amendments to the Renewable Energy Resources Law No. 5346 ("Law No. 5346").

What's New?

1) Updated YEKDEM

Conditions for Power Plants Based on an Eligible Renewable Resource for YEKDEM under Law No. 5346 Feed-in-tariff Purchase Guarantee Period Additional Domestic Production Incentive
Licensed generation - commissioning before 31 December 2020

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