Solar Energy Incentives And Licensing Procedures In Turkey

The rapid growth of the Turkish economy over the past decade has led to an increasing energy need in the market. Between the years 2000 and 2013, the electricity demand of Turkey almost doubled¹ and it is expected to be 580 billion kWh by 2020. Currently, a large proportion of the energy need is met by fossil fuels and the use of renewable energy resources is not sufficient, yet. Most of the fossil fuels such as oil and natural gas are currently being imported. Importation of fossil fuels plays a significant role on the trade deficit, hence cutting down the energy expenses will lead to a sharp fall on the current rate of deficit. Since 2010, Turkish government has been providing significant incentives and support to the renewable energy sector in order to decrease the dependence on foreign energy sources.