Turkey’s Parliament approved an amending law on the “Law on
Utilization of Renewable Energy Resources for the Purpose of Generating
The new law limits the volume of energy that the state is allowed to buy and
determines the long-term prices for electricity purchases.
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.
Main Points of the Amending Law
• It calls for the preparation of a regulation to define and evaluate the regions to be
used as resource fields in cooperation with the related state institutions.
• The law limits the total production of licensed solar energy companies to 600 MW
annually until Dec. 31, 2013, and authorizes the Cabinet of Ministers to determine the
• The law guarantees a price of 7.3 U.S. cents per kilowatt-hour for wind and
hydroelectric power and wind energy, 10.5 U.S. cents for geothermal energy and 13.3
U.S cents for energy from waste products and solar energy.
• In the event that operators use local equipment and technology in renewable energy
facilities, an additional support of 0.4 cents to $2.4 per kilowatt will be provided for a
five-year term to companies that started producing energy before the end of 2015.
• These prices will cover energy firms that are established between May 13, 2005, and
Dec. 31, 2015.