- Turkey plans to transform its electrical grid with $70 million from Climate Investment Funds, aiming to double wind energy and quadruple solar capacity by 2035.
- The initiative will strengthen infrastructure, integrate advanced technologies, and add 7,500 MW of energy storage to enhance the stability of renewable energy supply.
- This project, supported by the EBRD and the World Bank, aims to integrate 60 GW of wind and solar energy, which would power around 70 million households annually.
Turkey plans to transform its national electrical grid significantly, supported by $70 million in funding from Climate Investment Funds (CIF). This ambitious project, developed in partnership with the European Bank for Reconstruction and Development (EBRD) and the World Bank Group, seeks to revolutionise the country’s renewable energy landscape.
By 2035, Turkey aims to double its wind energy capacity and quadruple its solar energy generation, marking a critical step toward achieving its long-term carbon neutrality goal set for 2053.
Currently, Turkey harnesses only a fraction of its vast renewable energy potential. The nation exploits approximately 3% of its solar capacity and 15% of its terrestrial wind resources. This underutilisation signals a pressing need for substantial investments in electricity transmission and distribution infrastructure.
The CIF’s financial backing will be vital in implementing a comprehensive $790 million project to address this. This project will strengthen the electrical grid, integrate advanced technologies essential for a modern energy landscape, and significantly enhance the country’s energy storage capacity, allowing for more efficient management of renewable resources.
The modernisation plan encompasses various innovative solutions to create intelligent infrastructure. Among these are decentralised electric vehicle charging stations and the digitisation of the distribution network.
These investments will enable the seamless integration of solar and wind energy into the national grid. Furthermore, the plan targets adding 7,500 MW of energy storage capacity to address the challenges posed by the variability of renewable energy sources. This enhancement will ensure a stable electricity supply, particularly as Turkey increases its reliance on renewables.
As Turkey moves forward with these initiatives, the potential impact on the energy sector remains substantial. By 2035, this transformative effort could facilitate the integration of an additional 60 GW of wind and solar energy into the grid. This increase will generate approximately 21.6 million tonnes of oil equivalent (Mtoe) of renewable energy, which will power around 70 million households annually.
This ambitious project falls under the CIF’s Renewable Energy Integration program, which the G7 nations launched in 2021. The program aims to catalyse the investments necessary to develop energy systems capable of accommodating significant volumes of intermittent power.
The Turkish government has made considerable strides in the energy transition and reducing carbon emissions. Osman Çelik, the Deputy Minister of Treasury and Finance, emphasised the importance of this initiative for the country’s sustainable development goals. He stated, “Our path to zero emissions by 2053 requires a strong commitment to increasing our renewable energy capacity,” highlighting the critical role of collaboration with CIF, the World Bank, and the EBRD in achieving these objectives.
Nadia Petkova, the Director of Impact and Partnerships at the EBRD, highlighted that the CIF’s Renewable Energy Integration program remains essential for enhancing the flexibility of energy systems. She noted that it will also facilitate off-grid access to renewable energy, thereby expanding access to clean power for communities across Turkey.
The EBRD stands committed to supporting the implementation of this ambitious plan, which will significantly contribute to Turkey’s goal of adding 60 GW of wind and solar capacity by 2035.
In addition to institutional partners, private sector stakeholders will play a crucial role in this project. Their involvement will prove vital for integrating intelligent technologies and optimising energy storage solutions. This collaboration will help make the large-scale deployment of renewable energy a reality in Turkey.
The combination of government support, international financial backing, and private sector innovation positions Turkey on a promising path toward a sustainable energy future, benefiting its economy and the environment.