Turkey increases its electricity power to 58,000 MW

Turkey which is on the eve of  undertaking huge energy investments to include nuclear, is reported to have  increased its installed electricity capacity to 58,000 MW by adding a capacity nearly 5,000 MW every year in the last five years.

This fact was announced by Energy Market Regulatory Authority (EPDK) President Hasan Köktaş yesterday.

Mr. KOKTAS said at a press event Turkey’s electricity consumption had seen an annual average 8 percent hike in the last 40 years.

and added that “installed electricity power equivalent to twice that of the Atatürk Dam – Turkey’s largest dam – had come into operation every year in the last five years, bringing total installed capacity to almost 58,000 MW.

Köktaş also draw attention to an importan point and stated that half of the foreign capital that arrived in Turkey between 2008 and 2012 had been invested in the energy sector, and 60 percent of credit loans had been used for energy investments during this period.

emphasized that coal, oil and natural gas would remain the country’s basic energy resources, despite the search for new resources.

23.03.2013
SOURCE: MEDIA