Close to 44% of electricity generated on May 24, 2020 was from hydroelectric power projects
According to a report released by the IEA, Turkey’s renewable energy capacity is expected to increase by 50% by 2024
Turkey recently hit a new high in electricity generation through renewable and domestic coal power sources.
“Our national energy [production] continues to be renewed as our investments bear fruits,” said Fatih Dönmez in a tweet on May 26.
“We have broken a new record in daily production with 90% of our electricity output generated from domestic and renewable sources on May 26,” he said.
Close to 44% of electricity generated on May 24, 2020 was from hydroelectric power projects, according to an infographic posted by the energy minister. Domestic coal power production came in second with 16.5% generation, wind power generation was at 14.5%, solar energy generation was at 7.2%, geothermal projects generated 5.3% and biomass energy projects generated 2.6% electricity in the same period under consideration.
In April this year, in the heat of the COVID crisis, almost half of Turkey’s electricity generation was sourced from hydroelectric power projects. Energy from wind turbines surpassed that generated from natural gas projects as per data released by the Energy and Natural Resources Ministry on May 2, 2020. Also in April 2020, the quantum of electricity generated decreased by 16.3% to 19.1 billion kilowatt-hours as compared to the same period last year. This can be attributed to the fall in demand due to COVID related restriction imposed in countries globally. In April’s total electricity produced 47.6% was generated from hydroelectricity and 13.7% was from imported coal and 7.7% was from natural gas power plants. The share of local coal plants in electricity generation was at 14.1% as per data released by the ministry.
Turkey is also slated to become Europe’s top five renewable energy leaders in the years to come. According to a report released by the IEA (International Energy Agency), Turkey’s renewable energy capacity is expected to increase by 50% by 2024. The growth will make the installed renewable capacity reach approximately 63 GW by the year 2024. According to the same IEA report, global installed renewable energy capacity is expected to increase by 1,200 GW by the year 2024. Solar photovoltaic (SPV) systems account for 60% of the increase and distributed solar PV systems will also drive growth especially in developing economies. The rise in renewable capacity installations will be due to lowered tariffs and focussed government policies that are directed toward the sector.
Towards the end of 2018, China had 730 GW of installed renewable energy and by 2024 it will reach approximately 1,219 GW by 2024. This will cement China’s spot as the world’s leading renewable energy producer in the next five years.
According to the report the US will reach 411 GW of installed renewable energy making it the second largest in the sector, and India will follow through with around 235 GW by the year 2024. Germany will have the fourth highest at 166 GW and Brazil will have around 156 GW of renewable capacity to come in fifth by the year 2024.
The 50% rise in installed renewable capacity by 2024 is likely to make Turkey rank 11th in the world in renewable capacity installations.
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