Energy

The Turkish energy sector continues to evolve rapidly, driven by liberalization, private sector involvement, and a growing demand across all energy sources. This dynamic environment offers strong potential for investors, supported by regulatory reforms and a clear government commitment to market transparency and competitiveness.

Electricity Market Electricity consumption in Türkiye rose by 3.8% in 2024, reaching 347.9 TWh, and is expected to exceed 380 TWh in 2025. The focus is increasingly on renewable energy, with utility-scale solar and wind projects gaining momentum. Investors are finding growing opportunities in generation, distribution, smart grids, and storage systems.

Natural Gas Market Türkiye is diversifying its gas supply through long-term LNG agreements, such as the recent 10-year deal with TotalEnergies for 1.1 million metric tons of LNG annually. With expanding storage and regasification capacity, Türkiye is positioning itself as a regional gas hub connecting Europe, Asia, and the Middle East.

Oil and LPG Markets The oil and LPG segments remain vital for energy security. Strategic collaborations and infrastructure upgrades are supporting stable supply. Additionally, there is growing interest in alternative fuels and efficiency improvements.

Green Opportunities Renewables are the centerpiece of Türkiye’s energy future. As of 2024, installed solar capacity reached 19.6 GW, surpassing the 2025 target ahead of schedule. By 2035, the goal is to quadruple solar and wind capacity to 120 GW. The sector is open to private investment in generation, storage, green hydrogen, and grid integration.

The ongoing reforms, predictable regulatory environment, and clear targets for energy transition make Türkiye one of the most promising energy markets in its region.