Turkey Updates Licensing Rules For Renewable Energy Resource Areas

Turkey's energy regulator has updated the electricity market license regulatory regime. The changes relate to integration of general principles for production licenses and pre-licenses for Renewable Energy Resource Areas ("RERA") within the existing licencing regime (more).

The Energy Market Regulatory Authority ("Authority") published the Amendment Regulation on Electricity Market License Regulation ("Amendment Regulation"), in Official Gazette numbered 29989 on 24 February 2017, entering into effect on the same date.

Key arrangements under the Amendment Regulation include:

• The Authority will determine RERA pre-license terms on a case-by-case basis, up to maximum 36 months and in accordance with the term stipulated in the pre-license's tender specifications.