The long-awaited law governing the generation of energy from renewable resources
has passed through the Turkish Grand National Assembly (TBMM). The Renewable
Energy Law aims to encourage energy production from renewables by providing
incentives for the generation of energy from sources such as wind, solar power,
biomass, hydropower and geothermals.
The
legislative framework adjusts the prices for the sale of electricity to
the state according to their generation method. According to the law, renewable
energy plants will be subject to prices of between ¢7.3 and ¢13.3 per kW/h. A
hydroelectric power plant will be able to sell electricity at a cost of ¢7.3,
the same as the amount for a wind farm, while geothermal energy suppliers can
sell at a higher price of ¢10.5. Companies that use biomass and solar power are
subsidized the most at a rate of ¢13.3 per kW/h.The law also features
additional support for companies with facilities that use locally produced
equipment/components.