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Turkish firm to invest $520 million in high-efficiency solar equipment production
- With additional investments, production capacity is expected to reach 5 GW by 2028, solar tech company head says
12:02
Solar
Zorlu Enerji completes sale of energy assets in Israel
- Company recently completed sale of its 25% stake in Dorad Energy Ltd., a process that began in March
Türkiye, Iraq begin talks on new oil transport deal
- New deal to cover joint projects in crude oil, natural gas, development of hydrocarbon fields, petrochemical, refinery investments, electricity production and transmission
Chinese Astronergy to invest $700 million in solar cell factory in Türkiye
- Construction of 5 GW solar cell facility is scheduled to begin by end of this year, says company head
22.07.2025
Renewable
OPEC crude oil production up by 220,000 barrels per day in June 2025
- OPEC maintains its global oil demand growth forecast for 2025 unchanged
15.07.2025
Oil
Spot market natural gas prices for Monday, July 14
- 1,000 cubic meters of natural gas on spot market costs 14,638.53 Turkish liras
15.07.2025
Natural Gas
Spot market electricity prices for Wednesday, July 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.19 billion Turkish liras
15.07.2025
Electricity
Türkiye's daily power consumption up 12.3 % on July 14
- Electricity exports amount to 15,343 megawatt-hours and imports total 4,090 megawatt-hours
15.07.2025
Electricity
Oil prices ease on geopolitical risks, market uncertainty
- Oil prices decline Tuesday as markets react to rising geopolitical tensions and evolving supply-demand dynamics
15.07.2025
Oil
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Türkiye, Oman sign MoU on energy cooperation
- Türkiye and Oman aim to facilitate joint efforts in oil and natural gas exploration, transportation, and processing
14.07.2025
Energy Diplomacy
Spot market natural gas prices for Sunday, July 13
- 1,000 cubic meters of natural gas on spot market costs 14,584.47 Turkish liras
14.07.2025
Natural Gas
Spot market electricity prices for Tuesday, July 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.58 billion Turkish liras
14.07.2025
Electricity
Türkiye's daily power consumption down 9.8% on July 13
- Electricity exports amount to 15,222 megawatt-hours and imports total 6,015 megawatt-hours
14.07.2025
Electricity
Oil prices edge up amid geopolitical tensions and supply uncertainty
- Oil prices rise slightly as geopolitical tensions, mixed supply signals, and expectations of looser US monetary policy influence market sentiment
14.07.2025
Oil
Spot market natural gas prices for Tuesday, July 8
- 1,000 cubic meters of natural gas on spot market costs 14,947.81 Turkish liras
09.07.2025
Natural Gas
Spot market electricity prices for Thursday, July 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.10 billion Turkish liras
Türkiye's daily power consumption up 3.6% on July 8
- Electricity exports amount to 15,138 megawatt-hours and imports total 4,131 megawatt-hours
09.07.2025
Electricity
Spot market electricity prices for Sunday, June 29
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 878 million Turkish liras
28.06.2025
Electricity
Spot market natural gas prices for Friday, June 27
- 1,000 cubic meters of natural gas on spot market costs 13,533.75 Turkish liras
28.06.2025
Natural Gas
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Türkiye's daily power consumption up 0.74% on June 27
- Electricity exports amount to 14,347 megawatt-hours and imports total 10,993 megawatt-hours
28.06.2025
Electricity
US oil rig count down by 6 for week ending June 27
- Number of US oil rigs fall by 47 compared to one year ago
28.06.2025
Oil
Candidate region selected for Türkiye's first YEKA floating solar power plant
- Floating solar panels improve feasibility for hydroelectric plants operating below capacity and improve efficiency of transmission lines
Global offshore wind capacity hits 83 GW, powering 73 million homes
- Additional 48 GW of offshore wind capacity is currently under construction, industry report says
Spot market electricity prices for Thursday, June 26
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2 billion Turkish liras
25.06.2025
Electricity
Spot market natural gas prices for Tuesday, June 24
- 1,000 cubic meters of natural gas on spot market costs 13,590.88 Turkish liras
25.06.2025
Natural Gas
Türkiye's daily power consumption up 4% on June 24
- Electricity exports amount to 13,498 megawatt-hours and imports total 15,533 megawatt-hours
Global renewable energy capacity surges 377% over past decade
- Growing awareness of climate change, combined with lower costs for wind and solar equipment and robust policy incentives, help boost global renewable capacity
Spot market natural gas prices for Friday, June 13
- 1,000 cubic meters of natural gas on spot market costs 13,686.85 Turkish liras
14.06.2025
Natural Gas
Spot market electricity prices for Sunday, June 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.4 billion Turkish liras
14.06.2025
Electricity
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Türkiye's daily power consumption up 0.03% on June 13
- Electricity exports amount to 6,620 megawatt-hours and imports total 19,069 megawatt-hours
US oil rig count down by 3 for week ending June 13
- Number of US oil rigs fall by 49 compared to one year ago
14.06.2025
Oil
Türkiye's installed wind power capacity soars 177% in decade
- Türkiye's wind power capacity surges 177% in decade, but growth must triple to meet 2035 target
Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye
- Factory construction to start soon with operation scheduled for 2026
Spot market electricity prices for Thursday, June 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.82 billion Turkish liras
11.06.2025
Electricity
Spot market natural gas prices for Tuesday, June 10
- 1,000 cubic meters of natural gas on spot market costs 13,714.64 Turkish liras
11.06.2025
Natural Gas
Türkiye's daily power consumption up 28.8% on June 10
- Electricity exports amount to 7,938 megawatt-hours and imports total 15,766 megawatt-hours
11.06.2025
Electricity
Spot market natural gas prices for Saturday, May 31
- 1,000 cubic meters of natural gas on spot market costs 13,597.23 Turkish liras
Spot market electricity prices for Monday, June 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.48 billion Turkish liras
01.06.2025
Electricity
Türkiye's daily power consumption down 2.3% on May 31
- Electricity exports amount to 6,590 megawatt-hours and imports total 13,657 megawatt-hours
01.06.2025
Electricity
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Spot market natural gas prices for Friday, May 23
- 1,000 cubic meters of natural gas on spot market costs 13,489.27 Turkish liras
24.05.2025
Natural Gas
Türkiye's daily power consumption up 0.27% on May 23
- Electricity exports amount to 6,909 megawatt-hours and imports total 8,374 megawatt-hours
24.05.2025
Electricity
Spot market natural gas prices for Sunday, May 18
- 1,000 cubic meters of natural gas on spot market costs 13,802.50 Turkish liras
19.05.2025
Natural Gas
Spot market electricity prices for Tuesday, May 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.51 billion Turkish liras
Türkiye's daily power consumption down 12.3% on May 18
- Electricity exports amount to 8,000 megawatt-hours and imports total 7,208 megawatt-hours
19.05.2025
Electricity
Spot market natural gas prices for Sunday, May 11
- 1,000 cubic meters of natural gas on spot market costs 13,827.79 Turkish liras
12.05.2025
Natural Gas
Spot market electricity prices for Tuesday, May 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.30 billion Turkish liras
12.05.2025
Electricity
Türkiye's daily power consumption down 12% on May 11
- Electricity exports amount to 7,444 megawatt-hours and imports total 14,713 megawatt-hours
12.05.2025
Electricity
Chip factory to be built in central Türkiye
- Facility in Sivas to produce solar cells, semiconductors with $400 million investment; mass production to begin in late 2026
09.05.2025
General
Spot market natural gas prices for Saturday, May 3
- 1,000 cubic meters of natural gas on spot market costs 12,960.51 Turkish liras
04.05.2025
Natural Gas
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Spot market electricity prices for Monday, May 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.53 billion Turkish liras
04.05.2025
General
Türkiye's daily power consumption down 4.09% on May 3
- Electricity exports amount to 5,753 megawatt-hours and imports total 13,345 megawatt-hours
04.05.2025
Electricity
Spot market natural gas prices for Wednesday, April 30
- 1,000 cubic meters of natural gas on spot market costs 12,772.68 Turkish liras
01.05.2025
Natural Gas
Spot market electricity prices for Friday, May 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.52 million Turkish liras
01.05.2025
Electricity
Türkiye's daily power consumption up 0.8% on April 30
- Electricity exports amount to 6,349 megawatt-hours and imports total 11,077 megawatt-hours
01.05.2025
Electricity
Türkiye's energy import bill up 6.4% in March
- At $5.86 billion, energy accounted for 19.6% of the overall import figures in Türkiye in March
Spot market electricity prices for Sunday, April 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 890 million Turkish liras
Spot market natural gas prices for Friday, April 25
- 1,000 cubic meters of natural gas on spot market costs 12,587.24 Turkish liras
26.04.2025
General
Türkiye's daily power consumption up 0.7% on April 25
- Electricity exports amount to 4,951 megawatt-hours and imports total 5,674 megawatt-hours
26.04.2025
Electricity
US oil rig count up by 2 for week ending April 25
- Number of US oil rigs fall by 23 compared to one year ago
26.04.2025
Oil
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Spot market electricity prices for Thursday, April 24
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.42 billion Turkish liras
23.04.2025
Electricity
Spot market natural gas prices for Tuesday, April 22
- 1,000 cubic meters of natural gas on spot market costs 12,660.60 Turkish liras
23.04.2025
Natural Gas
Global wind power capacity sees record growth in 2024
- 11% year-on-year increase marked the strongest year on record for the wind energy sector, GWEC says
23.04.2025
Wind
Spot market electricity prices for Sunday, April 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.05 billion Turkish liras
19.04.2025
Electricity
Spot market natural gas prices for Friday, April 18
- 1,000 cubic meters of natural gas on spot market costs 12,490.72 Turkish liras
19.04.2025
Natural Gas
Türkiye's daily power consumption down 1.06% on April 18
- Electricity exports amount to 4,592 megawatt-hours and imports total 11,564 megawatt-hours
19.04.2025
Electricity
US oil rig count up by 1 for week ending April 17
- Number of US oil rigs fall by 30 compared to one year ago
Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen
- Since 2020, improving investment climate has become key priority in Türkiye
10.04.2025
Wind
Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.
- Balancing domestic wind energy manufacturing and global equipment supply while increasing capacity is highly important
Clean energy to take lead in Türkiye-Denmark trade ties: Turkish ambassador to Copenhagen
- About $2.5 billion in trade between Türkiye and Denmark is heavily focused on raw materials and equipment such as iron, steel, and aluminum
08.04.2025
General
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Turkish Wind Energy Assoc. showcases country's wind energy potential at WindEurope 2025
- More than 70 sessions are scheduled, with over 350 speakers set to discuss latest developments in industry in Copenhagen
08.04.2025
Renewable
WindEurope 2025 Annual Event kicks off Tuesday in Copenhagen
- WindEurope 2025 will bring together over 550 companies, host more than 70 sessions, and feature upwards of 350 speakers
07.04.2025
Wind
Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125
- Solar energy installed capacity reached 21,620 MW, while wind energy capacity reached 13,098 MW by end of March
05.04.2025
Renewable
Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"
- Once project is implemented, transmission systems will be modernized, production infrastructure will operate more efficiently, and energy security will increase, Türkiye's energy minister said
Türkiye, Azerbaijan signs "Operating Agreement" in electricity sector
- Agreement will ensure uninterrupted, reliable electricity transmission between Türkiye and Nakhchivan, while also bringing modernization of existing infrastructure, increasing capacity
04.04.2025
Electricity
Turkish Wind Energy Association to promote Türkiye's wind potential to wider audience in Denmark
- Over 550 companies to showcase their latest products and services at WindEurope event, TWEA says
Spot market natural gas prices for Wednesday, April 2
- 1,000 cubic meters of natural gas on spot market costs 12,798 Turkish liras
03.04.2025
Natural Gas
Spot market electricity prices for Friday, April 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.48 billion Turkish liras
03.04.2025
Electricity
Türkiye's electricity generation from renewables reaches nearly half of total production in Q1 2025
- Electricity generation in the first three months of 2025 reached a total of 86.5 million MWh, with 35 MWh coming from renewable sources
Türkiye's daily power consumption up 22.2% on April 2
- Electricity exports amount to 10,821 megawatt-hours and imports total 3,192 megawatt-hours
03.04.2025
Electricity
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Spot market electricity prices for Sunday, March 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 875.65 million Turkish liras
Spot market natural gas prices for Friday, March 14
- 1,000 cubic meters of natural gas on spot market costs 13,134.80 Turkish liras
15.03.2025
Natural Gas
Türkiye's daily power consumption down 2.2% on March 14
- Electricity exports amount to 12,599 megawatt-hours and imports total 1,559 megawatt-hours
15.03.2025
Electricity
US oil rig count up by 1 for week ending March 14
- Number of US oil rigs down by 23 compared to one year ago
elecSpot market electricity prices for Friday, March 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.36 billion Turkish liras
13.03.2025
Electricity
Spot market natural gas prices for Wednesday, March 12
- 1,000 cubic meters of natural gas on spot market costs 13,400.21 Turkish liras
13.03.2025
Natural Gas
Türkiye's daily power consumption up 0.03% on March 12
- Electricity exports amount to 14,634 megawatt-hours and imports total 1,269 megawatt-hours
Hydropower leads Türkiye's renewable production in early 2025
- Türkiye's total installed electricity capacity is nearing 117,000 megawatts, with dam-based hydroelectric power plants accounting for 20.4%
Türkiye ranks 3rd in Europe for onshore wind energy capacity increase
- Europe adds 13.8 GW of new onshore energy capacity in 2024, WindEurope says
Spot market electricity prices for Monday, March 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.51 billion Turkish liras
09.03.2025
Electricity
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Spot market natural gas prices for Saturday, March 8
- 1,000 cubic meters of natural gas on spot market costs 13,451.09 Turkish liras
09.03.2025
Natural Gas
Türkiye's daily power consumption down 5.5% on March 8
- Electricity exports amount to 13,056 megawatt-hours and imports total 3,016 megawatt-hours
09.03.2025
Electricity
Daily oil production in Gabar reaches 78,000 barrels, Türkiye's energy minister says
- Over 3,000 jobs and 78,000 barrels of daily oil production represent a major step in Türkiye's journey toward energy independence
Igdır-Nakhchivan natural gas pipeline opens
- Igdır-Nakhchivan natural gas project expected to meet natural gas needs of the entire Nakhchivan population for 30 years
Türkiye-Azerbaijan natural gas cooperation agreement is approved
- Natural gas cooperation between Türkiye and Azerbaijan has come into effect after approval
Europe's wind energy capacity increases by 16.4 GW in 2024
- Total capacity reaches 285 GW with Germany leading the increase
Türkiye's daily consumption of natural gas hits record high on Monday
- Previously, Türkiye sets record on February 7 with a daily consumption of 300 million cubic meters
Türkiye's renewable share in electricity capacity rises to 60%
- Installed electricity capacity in Türkiye totals 116,605 megawatts (MW) as of February 23
AI will play significant role in enhancing energy generation, consumption processes: Expert
- Artificial intelligence utilized in smart grids, energy demand management, pre-fault detection in power plants, and maintenance and repair
Spot market natural gas prices for Tuesday, Feb. 18
- 1,000 cubic meters of natural gas on spot market costs 12,951.98 Turkish liras
19.02.2025
Natural Gas
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