How big is Türkiye's energy storage capacity?
Türkiye’s 35 GWh storage capacity accounts for grid-scale projects alone. Global energy storage investments have surpassed 150 GWh. Türkiye has already begun installations in Hungary, Bulgaria, and Spain, leveraging its geographic advantage close to Europe.
Where does Türkiye invest in energy storage?
Global energy storage investments have surpassed 150 GWh. Türkiye has already begun installations in Hungary, Bulgaria, and Spain, leveraging its geographic advantage close to Europe. Tokcan highlighted the importance of local expertise in manufacturing, system management, and maintenance to avoid dependency on foreign firms.
Is Turkey establishing a market for large-scale energy storage?
The latest announcement is a big step towards establishing a market for large-scale energy storage in the country, Energy-Storage.news heard from Korkut Öztürkmen, board member at Aksa Energy, one of Turkey’s largest independent power producers (IPPs).
Can Türkiye become a regional hub for battery technology?
“We believe Türkiye can become a regional hub for battery technology, and our government is committed to making this a reality,” Tokcan said. These efforts will position Türkiye as a leader in energy storage innovation, fostering collaboration and supporting renewable energy goals.
Why is Aksa energy launching a storage initiative?
According to the Aksa Energy board member, the storage initiative has been opened to support the development of renewable energy first and foremost. Renewable energy capacity has been tendered for in auctions to receive feed-in tariffs (FiTs) but in recent rounds the prices have been too low to enable projects to be realised.
Should energy storage regulations be finalized?
Energy Storage Industries Association (EDEDER) President Can Tokcan noted during a press briefing that finalizing regulations is crucial to accelerating investments. “The draft regulation for energy storage has been published, but the final version needs to be issued urgently.
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