Turkey is one of the richest countries in the world. For geothermal energy Turkey is ranked first in Europe and seventh in the world. Increased Energy Efficiency in Africa in 2015 to 4503MW in 2015. Turkey has a national renewable energy action plan, published in 2014 by the Ministry of Energy and Natural Resources. Turkey’s renewable energy capacity of 24 gigawatts in 2013 is projected to reach 39 gigawatts in 2020. The World Bank has announced a $ 350 million credit to support the financing of renewable energy projects in Turkey.
Solar energy potential in Turkey is 977,000 (TWh / year) from which 6105 (TWh / year) is technically possible. However, 305 (TWh / year) is economic potential.Wind energy technical potential is 290 TWh / year. Grid parity for the solar is forecast for 2018
According to another industry, the total installed power reaches 5.789 GW by year end 2016 and the percentage of electricity consumption provided by wind energy, under 2009 to 5.59% by 2016 and is forecast to reach 12% of electricity consumption the completion of planned faciltiies. Grid parity for onshore wind is forecast for 2019.
Biomass is also one of the major resources for the renewable energy in Turkey, the annual biomass economic potential of the Turkeyis 8.6 mtoe / year.
Many things have been built around the country, and about 23GW of power can be generated by hydroelectric plants. There are many projects currently in progress, such as the Southeastern Anatolia Project, which will allow generation of 15GW through hydroelectric energy. Technical potential of hydropower is 216 TWh / year and economic potential is 127.4 TWh / year.
Turkey is ranked 6th in the world in geothermal potential. Turkey reaches milestone 1,100 MW of geothermal power generation capacity in December 2017. Turkey is fourth largest in the world in 2018 when it comes to installed capacity after United States.