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Serbia invites Turkish investors to share knowhow and experience in renewable projects

- 'Turkish companies have knowledge and can contribute to this process and the rehabilitation of our existing hydroelectric power plants,' Serbian energy and mining minister says

26.11.2024 General

Türkiye's natural gas imports up 5.74% in August

- Russia, Azerbaijan and Iran are Türkiye's largest gas suppliers, providing 2.27 bcm, 742.24 mcm and 491.34 mcm, respectively

28.10.2024 Natural Gas

Spot market natural gas prices for Friday, Oct. 25

- 1,000 cubic meters of natural gas on spot market costs 11,875 Turkish liras

27.10.2024 Natural Gas Finance

Spot market electricity prices for Monday, Oct. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.50 billion Turkish liras

27.10.2024 Electricity Finance

Türkiye's daily power consumption down 4.65% on Oct. 26

- Electricity exports amount to 18,274 megawatt-hours and imports total 116 megawatt-hours

27.10.2024 Electricity Finance

Spot market natural gas prices for Tuesday, Oct. 22

- 1,000 cubic meters of natural gas on spot market costs 11,880.24 Turkish liras

23.10.2024 Natural Gas

Spot market electricity prices for Thursday, Oct. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.42 billion Turkish liras

23.10.2024 Electricity Finance

Türkiye's daily power consumption up 3.88% on Oct. 22

- Electricity exports amount to 14,911 megawatt-hours and imports total 409 megawatt-hours

23.10.2024 Electricity Finance Coal

Türkiye's daily power consumption down 0.06% on Oct. 9

- Electricity exports amount to 14,914 megawatt-hours and imports total 3,528 megawatt-hours

10.10.2024 Electricity

Spot market electricity prices for Sunday, Oct. 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.03 billion Turkish liras

05.10.2024 Electricity

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Spot market natural gas prices for Friday, Oct. 4

- 1,000 cubic meters of natural gas on spot market costs 12,369 Turkish liras

05.10.2024 Natural Gas

Türkiye's daily power consumption down 0.06% on Oct. 4

- Electricity exports amount to 14,998 megawatt-hours and imports total 1,926 megawatt-hours

05.10.2024 Electricity Finance

US oil rig count down by 5 for week ending Oct.4

- Number of US oil rigs fall by 18 compared to one year ago

05.10.2024 Electricity

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

- China leads with an estimated 7.4 million renewable energy jobs, making up 46% of global total

01.10.2024 Renewable Wind Solar

Azerbaijan, Türkiye exploring feasibility of green energy corridor

- Baku is looking at developing cooperation with Ankara in many areas including renewable energy and energy efficiency, Azerbaijani energy minister says

25.09.2024 Electricity Natural Gas Renewable

Türkiye's Energy Minister to attend AA Editor's Desk on Sept. 11

- Bayraktar is due to speak on Türkiye's national energy policy along with comments on hot energy topics

10.09.2024 Electricity Natural Gas Oil Energy Diplomacy

Spot market electricity prices for Sunday, July 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.62 billion Turkish liras

20.07.2024 Electricity

Spot market natural gas prices for Friday, July 19

- 1,000 cubic meters of natural gas on spot market costs 10,431.86 Turkish liras

20.07.2024 Natural Gas

Türkiye's daily power consumption breaks new record on July 19

- Electricity consumption reaches 1,189,507 megawatt-hours due to greater demand amid rising temperatures

20.07.2024 Electricity Finance

US oil rig count down by 1 for week ending July 19

- Number of US oil rigs fall by 53 compared to one year ago

20.07.2024 Oil Finance

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Türkiye sets new record for daily power consumption with 1.34% increase on July 9

- Electricity exports amount to 6,779 megawatt-hours, and imports total 10,162 megawatt-hours, according to Turkish Electricity Transmission Corporation

10.07.2024 Electricity Finance Geothermal/Biomass

Hydrogen has crucial role in decarbonizing industrial processes, says head of Hydrogen Europe

- Hydrogen could displace natural gas but "will take time," head of Hydrogen Europe says

05.07.2024 Electricity Renewable

Spot market electricity prices for Thursday, July 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.94 billion Turkish liras

03.07.2024 Electricity

Global offshore wind capacity rises 24% in 2023, second-highest growth in offshore wind history

- By end of 2023, installed capacity in Asia and Europe totals 41 GW and 34 GW, respectively

26.06.2024 Electricity Finance

Türkiye's LPG production down 23% in March 2024

- EMRA's data for March 2024 shows 2.75% rise in LPG imports and 9.30% increase in exports

31.05.2024 Lng/Lpg

Major global utilities agree to more than double clean energy capacity by 2030

- Utilities for Net Zero Alliance members announce action plan at IRENA Assembly, focusing on increasing speed of grid investment and development

19.04.2024 Electricity Solar

Türkiye's daily power consumption up 0.87% on April 18

- Electricity exports amount to 6,467 megawatt-hours and imports total 2,638 megawatt-hours

19.04.2024 Electricity

World Bank launches $2B renewable initiative in Europe and Central Asia

- First phase of initiative will support Türkiye in increasing renewable energy capacity

02.04.2024 General

Record growth in renewables in 2023, but progress needs to be equitable: IRENA

- Power capacity additions reach new benchmark of 473 gigawatts in 2023

27.03.2024 Electricity Renewable Wind Solar

Spot market electricity prices for Wednesday, March 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.48 billion Turkish liras

26.03.2024 Electricity Finance

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Spanish-German multinational Nordex Group to invest €1 bln in Türkiye's wind energy sector

- Majority of €700 million worth of wind energy equipment produced in Türkiye last year exported to Europe, says Nordex Group CEO

21.03.2024 Wind

Europe sees 6% annual shortfall in wind capacity additions in 2023

Europe now has 238 GW onshore and 34 GW offshore of installed wind power capacity

28.02.2024 Wind

Türkiye's daily power consumption up 4.1% on Feb. 12

- Electricity exports amount to 6,293 megawatt-hours and imports total 4,151 megawatt-hours

14.02.2024 Electricity

Spot market natural gas prices for Wednesday, Feb. 7

- 1,000 cubic meters of natural gas on spot market costs 10,787.42 Turkish liras

09.02.2024 Natural Gas

Vattenfall, Airbus collaborate for hydrogen aviation development

- Use of hydrogen in powering aircraft in the future could help decarbonize air transport activities on the ground

31.01.2024 Electricity Finance

Lithium market faces transition as demand slows, Wood Mac says

- Wood Mackenzie says 2023 saw downward price trajectory in lithium market

31.01.2024 Electricity Oil

Spot market electricity prices for Sunday, Jan. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 989.2 million Turkish liras

27.01.2024 Electricity

Spot market natural gas prices for Friday, Jan. 26

- 1,000 cubic meters of natural gas on spot market costs 11,619.75 Turkish liras

27.01.2024 Natural Gas Finance

Türkiye's daily power consumption up 0.17% on Jan. 26

- Electricity exports amount to 6,349 megawatt-hours and imports total 5,862 megawatt-hours

27.01.2024 Electricity Finance

Türkiye requires new investments for development of geothermal sector

- Geothermal energy can produce electricity and be used for greenhouse cultivation, residential heating, thermal tourism, and vegetable and fruit drying

17.01.2024 Electricity Finance Geothermal/Biomass

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Türkiye's daily power consumption down 5.4% on Jan. 6

- Electricity exports amount to 6,084 megawatt-hours and imports total 5,243 megawatt-hours

07.01.2024 Electricity

Turkish market appealing to US for small modular nuclear technologies

- Small modular reactors, deployable either as single or multi-module plant, offer possibility of combining nuclear with alternative energy sources, including renewables

28.12.2023 Finance Nuclear Invesments

Number of electricity vehicles charging points in Türkiye's 81 provinces surpasses 12,000

- As number of electric vehicle charging stations enlarges throughout country, EV demand is expected to rise

26.12.2023 Electricity Invesments Renewable

Global hydropower installed capacity must double to reach 'net zero target'

- Investors offer opportunities for maintenance and renewal as almost 630 gigawatts of global capacity is over 30 years old, while 490 gigawatts is over 40 years old

22.12.2023 Electricity Hydro

Spot market natural gas prices for Wednesday, Dec. 20

1,000 cubic meters of natural gas on spot market costs 12, 568.38 Turkish liras

21.12.2023 Natural Gas

Spot market electricity prices for Friday, Dec. 22

Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.38 billion Turkish liras

21.12.2023 General

European Investment Bank approves €5B for Europe's wind manufacturers, designates over €20B for new projects

- Decision follows commitment by EU Bank to provide an additional €45 billion in financing to support REPowerEU plan

18.12.2023 Electricity Finance Wind

Technical studies to start in 2024 for Türkiye's first offshore wind power plant

- Türkiye targets offshore wind installation of 5 GW by 2035, out of total onshore and offshore wind capacity target of 29.6 GW

18.12.2023 Finance Wind

Spot market natural gas prices for Tuesday, Dec. 12

1,000 cubic meters of natural gas on spot market costs 12,398 Turkish liras

13.12.2023 Natural Gas

Türkiye's daily power consumption up 3% on Nov. 28

- Electricity exports amount to 6,367 megawatt-hours and imports total 17,146 megawatt-hours

29.11.2023 Electricity Finance

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Türkiye's oil imports up 0.31% in September 2023

- Crude oil imports drop in September drop by 0.76% to 2.96 million tons, latest data shows

28.11.2023 Oil

Spot market electricity prices for Sunday, Nov. 26

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 959.04 million Turkish liras

25.11.2023 Electricity Finance

US oil rig count unchanged for week ending Nov. 24

- Number of US oil rigs fall by 127 compared to one year ago

25.11.2023 Oil Downstream

Spot market natural gas prices for Tuesday, Oct. 3

- 1,000 cubic meters of natural gas on spot market costs 10,982.44 Turkish liras

04.10.2023 Natural Gas Türkiye

$27B investment required to mobilize global offshore wind supply chain

- Investment required by 2026 if sector is to meet forecasted five-fold growth in annual installations by 2030

17.08.2023 Wind Renewable

Türkiye's daily power consumption down 0.11%

- Electricity exports on Friday amount to 5,881 megawatt-hours while imports total 15,651 megawatt-hours, according to Turkish Electricity Transmission Corporation

08.07.2023 Electricity Finance Türkiye

Türkiye's daily power consumption down 3.1% on May 20

- Electricity exports amount to 2,005 megawatt-hours and imports total 16,311 megawatt-hours

21.05.2023 Electricity

Europe's largest solar power plant to officially launch on Tuesday

- Karapinar solar energy plant has capacity to power 2 million people with over 3 million solar panels generating 3 million kilowatt-hours of electricity annually

02.05.2023 Electricity Solar Renewable

Türkiye's daily power consumption down 12.2% on April 30

- Electricity exports amount to 5,324 megawatt-hours and imports total 10,342 megawatt-hours

01.05.2023 Electricity Renewable

Türkiye's licensed power generation down 5.29% in February

- Installed electricity capacity increases by around 3.23% in February compared to same month last year

01.05.2023 Electricity Türkiye

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Türkiye's daily power consumption down 3.46% on April 29

- Electricity exports amount to 6,521 megawatt-hours and imports total 11,115 megawatt-hours

30.04.2023 Electricity Finance Renewable

Türkiye's LPG production down 30.74% in February

- EMRA's February data shows that both LPG imports are up by 43.29% and imports are down 33.34%

30.04.2023 Lng/Lpg LPG Türkiye

Türkiye's oil imports up 0.58% in February 2023

- Imports of crude oil in February drop by 13.99% to 2.01 million tons, latest data shows

30.04.2023 Oil Finance Türkiye

World's largest solar power plant with single investor starts electricity production

- 1,350-megawatt installed capacity Karapinar solar energy plant, with over 3 million solar panels, has capacity to provide electricity to 2 million people

15.04.2023 Solar Türkiye

Wind turbines manufactured in Türkiye will be available on market in two years

- Wind turbines will be produced in Ankara, Istanbul and Izmir

13.04.2023 Electricity Finance Wind

Pre-licenses for renewables based storage projects in Türkiye to spur $1.5 of initial investment

- Final investment figure forecast to reach $40–45 billions

08.04.2023 Electricity Wind Energy Projects Türkiye General

Global renewable energy grows by record 9.6% in 2022: IRENA report

- Expansion of global renewable power generation in 2022 confirms upward trend of renewables against declining new fossil fuel capacity

22.03.2023 Renewable World

Türkiye's daily power consumption up 0.55% on March 21

- Electricity exports amount to 6,187 megawatt-hours and imports totaled 17,001 megawatt-hours

22.03.2023 Electricity Türkiye

Spot market electricity prices for Sunday, March 19

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 438.67 million Turkish liras

18.03.2023 Electricity Finance

US oil rig count down for week ending March 17

- Number of US oil rigs rose by 65 compared to one year ago

18.03.2023 Oil Finance Americas

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Türkiye's gas imports down 6.07% in December 2022

- Gas imports from Qatar, Spain, Egypt and US fall in December 2022

28.02.2023 Natural Gas Türkiye

US to boost floating offshore wind energy investments

- US aims to reduce cost of floating offshore wind energy by more than 70% by 2035, and deploy 15 GW of floating offshore by 2035

23.02.2023 Electricity Finance Renewable

Global investment in energy transition technologies sees record high rise to $1.3 trillion in 2022

-Although renewable energy investments reached $0.5 trillion in 2022, they represent less than 40% of average annual investment required between 2021 and 2030

22.02.2023 Electricity Finance Renewable

Türkiye's daily power consumption down 0.42% on Feb. 16

- Electricity exports amount to 7,954 megawatt-hours and imports total 20,940 megawatt-hours

17.02.2023 Electricity Türkiye

Denmark grants 1st full-scale CO2 storage permits in Danish North Sea

- Venture to begin in 2025 to cover the underground storage of up to 13 million tons of CO2 annually from 2030

09.02.2023 Finance Renewable Europe

US announces $74M funding to advance geothermal systems

- Pilot projects will work to scale enhanced geothermal systems and renewable geothermal energy to over 65 million American homes

09.02.2023 Finance Geothermal/Biomass Türkiye

bp to explore green hydrogen production potential in Egypt

- bp will carry out studies to evaluate feasibility of developing large-scale green hydrogen project in Egypt

08.12.2022 Finance Renewable General

Turkiye's daily wind power generation hits all time high on Monday

- 25% of total electricity generated from wind energy sources on Monday

22.11.2022 Wind Renewable Türkiye

Global energy crisis can be historic turning point for cleaner, secure future, IEA says

- For first time, global demand for fossil fuels shows peak across all scenarios in report, with Russian exports in particular falling significantly

27.10.2022 Natural Gas Oil International Organization World Europe

Türkiye's daily power consumption down 0.16% on Oct. 26

- Electricity exports amount to 6,914 megawatt-hours and imports total 30,005 megawatt-hours

27.10.2022 Electricity Türkiye

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US oil rig count up by 8 for week ending Oct. 14

- Number of US oil rigs rise by 165 compared to one year ago

15.10.2022 Oil Americas

Spot market electricity prices for Wednesday, Aug. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.81 billion Turkish liras

23.08.2022 Electricity Türkiye

Spot market natural gas prices for Monday, Aug. 22

- 1,000 cubic meters of natural gas on spot market costs 17,700.75 Turkish liras

23.08.2022 Natural Gas Türkiye

Türkiye's oil imports up 10.1% in April 2022

- Crude oil imports jump 15.5% to 3.16 million tons, latest data shows

28.06.2022 Oil Türkiye

Türkiye's gas imports down 13.9% in April 2022

- Natural gas storage volumes decline 34.6% to around 1.32 billion cubic meters in April

28.06.2022 Natural Gas Türkiye

Solar power to enter 'terawatt age' by May with record installations in 2021

- In 2022, global solar is forecast to continue its decade-long record-breaking streak, installing more than 200 GW of solar for first time

10.05.2022 Finance Solar Invesments Europe

Turkiye's daily power consumption up 4.3% on Jan. 18

- Electricity exports amount to 14,557 megawatt-hours and imports total 16,373 megawatt-hours

19.01.2022 Electricity Finance Türkiye

Spot market natural gas prices for Wednesday, Dec. 15

- 1,000 cubic meters of natural gas on spot market costs 6,871 Turkish liras

16.12.2021 Natural Gas Türkiye

Spot market electricity prices for Friday, Dec. 17

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 611.68 million Turkish liras

16.12.2021 Electricity Türkiye

Turkey's daily wind power generation hits record high

- More than 20% of total electricity was generated from wind energy sources on Friday

11.12.2021 Finance Wind Renewable

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33 countries to boost transition in transportation to reach net zero emissions

- Governments to work towards new cars and vans sales being zero emission by 2040 or earlier

10.11.2021 Electricity

Paris Agreement to come into effect in Turkey on Nov. 10

- Turkey will determine net zero roadmap in fighting against climate change and update its national contribution statements

09.11.2021 International Relations Türkiye

Good climate action intentions in COP26 need to be backed by results

- Political leadership is essential ingredient to ensure COP delivers on people's demands

08.11.2021 International Organization World

Without emissions trading system, EU partners will be subject to carbon border adjustment

- EU encourages trading partners to be careful that energy production and consumption are not carbon intensive

08.11.2021 Electricity International Organization Türkiye Europe

Denmark aims at €5 billion trade volume with Turkey by focusing on green energy

- During COVID-19 pandemic, more than 300 Danish companies operating in Turkey decided to keep business on track

02.10.2021 Renewable Energy Diplomacy Türkiye Europe

Germany considering green hydrogen imports from Turkey

- Germany is seeking hydrogen suppliers to accommodate anticipated demand rise by 2030 as part of its national strategy

17.08.2021 Finance Renewable Türkiye Europe General

European Investment Bank signs advisory agreement with Hydrogen Europe

- Total investment in clean hydrogen in Europe is expected to reach €470 billion by 2050

30.07.2021 Invesments Energy Security International Organization Europe

Global wind energy cost could fall by up to 49% by 2050

- Technology and commercial advancements are expected to continue to drive down cost of wind energy

26.04.2021 Finance Wind Renewable World General

Global energy transition crucial to reach climate goals

- To achieve climate goals, electrification in heating, cooling, air conditioning and transport is needed

21.04.2021 Electricity World

Turkey ranks as 5th biggest wind investor in Europe

- Policies in Europe are missing to simplify rules and procedures for permits of new wind farms, says WindEurope's CEO

13.04.2021 Finance Wind Energy Diplomacy General

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Spot market electricity prices for Monday, Nov. 11

Türkiye's daily power consumption down 4% on Nov. 9

Türkiye's daily power consumption down 5.36% on Nov. 2

Türkiye's daily power consumption up 12.8% on Oct. 30

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

Türkiye's LPG production down 27% in September 2024

Turkish President Erdogan announces LNG supply deal with Oman

Türkiye's gas hub plan highlights role in global energy: Russian official

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

US oil rig count down by 2 for week ending Aug 16

Türkiye's oil imports up 11.08% in February 2024

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

Türkiye’s wind energy industry has potential to reach $8B in 2035

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye requires new investments for development of geothermal sector

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

European bank invests $2.3B in Türkiye in 2024 so far

Tatarstan attracts third of Turkish investments in Russia, says senior official

World Investment Conference 2024 kicks off in Riyadh

Spot market natural gas prices for Saturday, Nov. 16

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Global leaders of energy sector to convene at İstanbul Energy Forum

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President