President Erdoğan: We constantly increase the renewable energy resources’ share in our energy basket
President Recep Tayyip Erdoğan delivered a speech at the opening ceremony of the Energy Market Regulatory Authority (EMRA)’s service building and the newly-built energy plants.
“THE TURKISH ECONOMY HAS CONTINUED ITS TREND FOR HIGH GROWTH”
Underscoring that the Turkish economy, except for few extraordinary periods, had uninterruptedly continued its trend for high growth in the past 19 years, President Erdoğan said: “Our country’s energy demand has increased in parallel with its economic growth and population. Our electrical energy consumption has increased by some 8 per cent this year alone. The works carried out by our relevant institutions have shown that our electrical energy demand will increase by 3.5 per cent annually on average. In the event that our economy maintains the momentum it has gained despite the pandemic conditions, these figures will further increase.”
PRINCIPLE OF “MORE DOMESTIC, MORE RENEWABLE”
President Erdoğan stated: “As the government, we maintain our works bearing in mind both our country’s increasing energy need and the global economic outlook. The National Energy and Mining Policy, which we announced in 2017, is guiding us and our energy sector during this period. The purpose of our works, which we carry out with the principle of ‘more domestic, more renewable’ is to meet our energy needs through domestic and national means with reasonable prices in a continuous and qualified manner. To this end, we constantly increase the share of the renewable energy resources in our energy basket.”
TURKEY’S NATURAL GAS DISCOVERIES IN THE BLACK SEA
Also touching upon Turkey’s natural gas discoveries totaling 540 billion cubic meters in the Black Sea, President Erdoğan underscored that intensive works had been exerted in order to make the first phase of the Black Sea natural gas ready for use by 2023, and added: “We want to celebrate the centennial of our Republic as a country which will be a lot stronger and will have further consolidated its independence. What lies behind Turkey’s historic achievements in energy just like in any field is our private sector’s dynamism and courage. Our private sector, with its fixed capital investment of over 200 billion dollars, not only has contributed significantly to our country’s strength, but also played a leading role in our mobilization for employment and security of supply. And we have provided them with every kind of support by both incentivizing them and resolving their problems.”
