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ARTICLE · 09 OCTOBER 2024

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Unlocking Turkey's Energy Future: Exploring The Synergy Between Energy Storage, Electricity Generation, And Evolving Regulations

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership
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Turkey's main regulation on electricity generation is the Electricity Market Law No. 6446 ("EML"). According to the EML, electricity; generation, transmission, distribution, and trade are subject to different level of regulations due to various structural market failures.

TurkeyEnergy and Natural Resources
İlker Fatih Kıl
İlker Fatih Kıl
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The Legal Framework of Turkish Electricity Generation

Turkey's main regulation on electricity generation is the Electricity Market Law No. 6446 ("EML"). According to the EML, electricity; generation, transmission, distribution, and trade are subject to different level of regulations due to various structural market failures. The basic philosophy of the EML is to create a financially strong, stable, and transparent electricity market operating under private law in a competitive environment. Before the EML, concession agreements were used to participate in private enterprises for electricity generation1, whereas after the EML, market activities were subject to the condition of obtaining a license from the Energy Market Regulatory Authority ("EMRA"), the sectoral regulatory body. Accordingly, electricity generation activities in Turkey are currently carried out by both the public and private firms2. Transmission is carried out by Turkish Electricity Transmission

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