Turkey Power Report Q3 2016

Date: June 29, 2016
Pages: 60
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: T1B72516075EN

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: This quarter our core assumptions for the sector remain largely unchanged. We continue to expect Turkey to remain the most attractive power market in the CEE region this quarter and foresee power demand in Turkey to be robust over the next decade, given the high levels of investment being channelled into its power sector, the country's capacity expansion plans and its improving economic outlook. There is also considerable political backing for power sector expansion as the government continues to strive for greater energy security and to lower the country's heavy reliance on imports of natural gas through expanding domestic capacity - with renewables and domestically sourced coal leading the way. Yet, while the outlook is bright, the development of Turkey's power sector is complicated by the county's precarious economic and political position.

Key Trends And Developments
  • We expect thermal generation to dominate the electricity generation mix to the end of our forecast period. While coal- and gas-fired will grow in absolute terms, we expect both to lose their share of generation to hydropower and non-renewables (and potentially nuclear). By 2025 we expect gas to account for 40.14% of total electricity generation (as opposed to 45.78% in 2015), coal to account for 24.76%, hydropower to account for 18.77% and non-hydro renewables to generate 11.70% of all electricity.
  • Natural gas will remain the predominant source of electricity in the Turkish power mix over our 10-year forecast period to 2025. The renegotiation of contracts to offset lira weakness - with contracts denominated in USD - and additional imports coming, highlight the fuel's continued importance in the mix. This view is strengthened by the fact there is significant gas infrastructure already in place - both pipeline interconnections and generation capacity - and the fall in gas prices, which in Turkey's case are closely indexed to the oil price.
BMI Industry View
  Table: Headline Power Forecasts (Turkey 2015-2021)
Industry Forecast
Turkey Snapshot
  Table: Country Snapshot: Economic and Demographic Data (Turkey 2015-2019)
  Table: Country Snapshot: Economic and Demographic Data (Turkey 2020-2025)
  Table: Country Snapshot: Power Sector
Turkey Power Forecast Scenario
Privatisation Process Gaining Traction
A Combustible Mix
Gas Generation And Capacity Forecast
Coal Generation And Capacity Forecast
Nuclear Generation And Capacity Forecast
Hydropower Generation And Capacity Forecast
Renewables Generation And Capacity Forecast
Electricity Generation And Power Generating Capacity
  Table: Total Electricity Generation Data And Forecasts (Turkey 2014-2019)
  Table: Total Electricity Generation Data And Forecasts (Turkey 2020-2025)
  Table: Electricity Generating Capacity Data And Forecasts (Turkey 2014-2019)
  Table: Electricity Generating Capacity Data And Forecasts (Turkey 2020-2025)
Electricity Consumption
  Table: Total Electricity Consumption Data And Forecasts (Turkey 2014-2019)
  Table: Total Electricity Consumption Data And Forecasts (Turkey 2020-2025)
Transmission & Distribution, Imports & Exports
  Table: Electric Power T&D Losses Data And Forecasts (Turkey 2014-2019)
  Table: Electric Power T&D Losses Data And Forecasts (Turkey 2020-2025)
  Table: Trade Data And Forecasts (Turkey 2014-2019)
  Table: Trade Data And Forecasts (Turkey 2020-2025)
Industry Risk/Reward Index
CEE Power Risk/Reward Index
  Table: CEE Risk/Reward Index
Turkey Power Risk/Reward Index
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
Turkey Power Projects Database
  Table: Major Projects - Power
Competitive Landscape
Regional Overview
CEE Power Regional Overview
  Table: Glossary Of Terms
Methodology And Sources
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Power Risk/Reward Index Indicators
  Table: Weighting Of Indicators
Skip to top

Ask Your Question

Turkey Power Report Q3 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: