Developing Or Investing In Wind, Solar, And Energy Storage Projects In Türkiye - June 2025

General Overview of the Energy Market in Türkiye

Türkiye is an attractive and promising energy market, particularly due to its suitable geography and various natural resources. Its strategic location between the Middle East, Near East, and Continental Europe allows Türkiye to act as a natural "energy corridor", enabling it to carry and transfer energy resources between European countries and the major oil- and gas-producing countries around the Caspian Sea. The growing demand for energy in Türkiye—due to increasing population, urbanisation, market liberalisation, and increased licensing opportunities—is attracting private investors to the sector. Over the past two decades, major capacity additions in Türkiye have been made as a result of private-sector investments. The share of the private sector in electricity generation increased from 40% in 2002 to approximately 85% as of January 2025, while the share of Build-Operate ("BO") and BuildOperate-Transfer ("BOT")