LED REVOLUTION STARS FROM THE STREETS

Turkey hopes to save millions of Turkish Liras and kilowatts of energy with an ambitious LED street light conversion project that has whet the appetite of sector players.

The project to replace Turkey’s seven million street lights with LED-illuminated ones emerged last year with the remarks of Turkish Energy Minister Taner Yıldız.

The project would be an important attempt to cure Turkey’s distressing current deficit, which is majorly sourced by energy import dependency, by being more sustainable. In order to contribute further to this aim, the government has established the local production of LEDs as a condition.

Two companies have already applied pilot projects and the government is in talks with several foreign and local companies to figure out the terms of local production and reach a final decision. The government spends around 650 million liras annually on street lights and hopes to save up to 75 percent of energy used by switching to LEDs.

Governments – including, recently, European ones – have passed measures to improve the energy efficiency of light bulbs used in homes and businesses and banned the usage of incandescent light bulbs.

Turkey follows the environmental regulations of the EU closely and is taking corresponding action.

RUSSIA AND TURKEY MAY SIGN AGREEMENT ON TURKISH STREAM BY END OF JUNE

Moscow and Ankara may sign the formal agreement on the planned Turkish Stream gas pipeline construction by the end of June, Russian Energy Minister Alexander Novak stated.

According to the statement, Russian companies and banks may participate in financing the Turkish Stream’s ground infrastructure construction in Greece.

Turkey may join construction of the Turkish Stream pipeline’s offshore segment within its economic zone, Novak added, referring to an approximately 200 km-long section within Turkey’s economic zone.

His words come after talks between Turkish and Russian officials on the project have been postponed until next week. The proposed meeting in St Petersburg between the head of Gazprom and Turkish Energy Minister Taner Yıldız was rescheduled as both sides work to finalize the terms of the agreement.

ELECTIONS IN TURKEY

AK PARTY LOSES MAJORITY IN MAJOR BLOW TO ERDOGAN; HDP ENTERS PARLIAMENT

Turkey witnessed dramatic changes in its political landscape on June 7 after the ruling Justice and Development Party (AKP) lost its parliamentary majority and the Peoples’ Democratic Party (HDP) crossed the notorious 10 percent threshold needed to enter parliament as a party.

The blow to the AKP, as well as to President Recep Tayyip Erdoğan’s hopes of assuming greater powers through the implementation of a presidential system, came amid the HDP’s success in become the first-ever party focusing on the Kurdish issue to win 10 percent of the vote.

The new parliamentary distribution of 550 seats are as follows;
AKP 258 seats with 40,83% of the votes
CHP 132 seats with 25% of the votes
MHP 80 seats with 16,33% of the votes
HDP 80 seats with 13,16% of the votes