2021-02-26 11:25:00
TURKEY'S ELECTRICITY INVESTMENT $9.3 BLN
DS - FEB 24, 2021 - Turkey plans to invest a total of $9.3 billion (TL 66.56 billion) in electricity distribution during the upcoming five-year period, the country's Energy and Natural Resources Minister Fatih Dönmez said Wednesday.
Speaking at the 13th Electricity Distribution Companies Sector Assessment meeting, Dönmez said the planned investment includes $1.5 million in expenditure for scheduled maintenance between 2021 and 2025.
Turkey has allocated more than $139 million for R&D activities over the next five years and plans to spend $25.8 million this year, Dönmez said.
The country doubled its investments in the electricity distribution sector in the last five years to $5.6 billion, Dönmez said. And thanks to its modernized power grid infrastructure, he said Turkey was able to provide uninterrupted energy even during difficult winter conditions.
Serving approximately 46 million subscribers, Turkey also increased the length of its power distribution lines by nearly 18,270 kilometers (11.352 miles) to a total of 1.2 million kilometers (745,645 miles).
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Earlier:
2021, February, 12, 11:50:00
TURKEY IS STRATEGICALLY IMPORTANT
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2021, February, 11, 14:05:00
TURKEY'S AKKUYU WILL WORK AT 2026
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2021, January, 20, 14:30:00
TURKEY GAS CONSUMPTION RECORD
Natural gas consumption countrywide increased both due to the rapidly falling temperatures and a rise in household gas consumption with time spent at home increased due to COVID-19 pandemic restrictions and lockdowns.
2021, January, 6, 13:50:00
TURKSTREAM BEGINNING
In January 2020, Russia and Turkey officially commissioned the 31.5 bcm/year TurkStream gas pipeline stretching 930 km across the Black Sea and that will supply 15.75 bcm/year to Turkey and 15.75 bcm/year to Bulgaria, Serbia and Hungary.
2020, December, 30, 11:00:00
TURKEY'S GAS IMPORTS UP
In October 2020, the country imported 3.24 bcm of natural gas via pipelines, while 795 million cubic meters (mcm) was purchased as liquefied natural gas (LNG), EPDK's data showed. This marked an increase in pipeline gas imports of 36.2% and 2.5% in LNG imports.
2020, December, 29, 11:25:00
TURKEY'S HYDROPOWER PLANT 1.2 GW
Hydropower accounts for 31% of Turkey’s installed capacity, with 28.5 GW, and covered 29% of the power mix in 2019.
