Turkey has experienced a significant economic growth over
the last decade; therefore, the need for energy production has
grown significantly. Given the relatively dependent nature of the
Turkish energy market, the Turkish regulators aim to increase the
domestic production to control the current account deficit as well
as keep the carbon emission levels relatively stable. Turkish
renewable energy production is now being strongly incentivised for
private parties through government subsidies, license discounts,
tax incentives and enabling and facilitating a less burdensome
procedure for land allocation to boost renewable energy
generation.
The Law No. 5346 on the Use of Renewable Energy Resources for
Generating Electricity (the Renewables Law)
defines renewable energy resources as non-fossil energy resources
such as wind, solar, geothermal, biomass, biogas including landfill
gas, wave, drift, tide and hydroelectric power plants
(HEPP) which are channel-type or
