RES GOKHAN ANDI SENIOR WIND DEVELOPER FEBRUARY 2010 “OVERVIEW OF TURKISH ELECTRICITY PRICES AND RENEWABLE ENERGY” EWEA 2010 – ANKARA
Malhadas, Portugal • Introduction of RES • Overview of Turkish Electricity Prices • Renewable Energy
King Mountain, USA • Electricity Sales Overview, Turkish market. • 1) Min. 5 max 5.5 euro cents/kwh (w/ a 10 year purchase guarantee) • 2) Pool (PMUM) • Started in August 2009 • Recent change in pricing structure in end of 2009 • 3) PPAs
Pool Prices in US Dollar Cents (Data Source: www.teias.gov.tr)
Wigton Wind Farm, Jamaica Pool Prices Summary (all values in cents data source: www.teias.gov.tr)
SUMMARY & CONCLUSIONS: • There are three alternatives for the sale of electricity produced • Pool prices varied from $0.07/kWh to $0.15/kWh between Aug.06 and Nov.09 • Pool prices varied from €0.05/kWh to €0.10/kWh between Aug. 06 and Nov. 09 • Between Aug.06 and Nov. 09, the average for the pool (PMUM) prices over the four years have been $0.10/kWh and €0.07/kWh • 49% of the licenses issued to private entities by EPDK (EMRA) is in natural gas and coal. As there is great potential in wind and solar in Turkey, more can be invested in renewables in order to minimize dependency on coal and natural gas.