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Black Sea gas find can meet 22% of demand for 40 years
- Gas reserve discovery of 405 bcm in Black Sea should be able to fully meet 10 years of Turkey's energy demand, energy experts say
First seismic data from Oruc Reis due out on Wed.
- The Oruc Reis vessel set sail early Monday after country issued a 10-day Navtex alert for East Med.
Turkey to launch first lithium production
- Production projected to rise to nearly 500 tonnes per year in coming two to three years, according to energy minister
Spot market electricity prices for Tuesday, Oct. 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.45 million Turkish liras
Spot market natural gas prices for Sunday, Oct. 11
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
Turkey's daily power consumption down 11.6% on Oct. 11
- Electricity exports amount to 10,472 megawatt-hours while imports reach 3,022 megawatt-hours
Poland fines Gazprom $7.6 billion over Nord Stream 2
- Polish anti-monopoly authority says Gazprom acted on Nord Stream 2 without obtaining approval from authority
Spot market electricity prices for Sunday, Oct. 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 140.6 million Turkish liras
Spot market natural gas prices for Friday, Oct. 2
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
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Kanuni to start drilling at beginning of 2021
- Kanuni drill ship will sail from Turkey's southern province of Mersin on Oct. 10, according to energy minister
US oil rig count rises by six for week ending Oct. 2
- Number of oil rigs in US declined by a total of 521 from year ago
Turkey's daily power consumption down 2.1% on Oct. 2
- Electricity exports amount to 8,383 megawatt-hours while imports reach 438 megawatt-hours
Oil prices remain below $40 for week ending Oct. 2
- Oil prices decrease on Friday morning following news of US President Donald Trump's COVID-19 positive test
Turkey's daily power consumption up 13.6% on Sept. 28
- Electricity exports amount to 8,607 megawatt-hours while imports reach 689 megawatt-hours
Spot market electricity prices for Sunday, Sept. 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 135.91 million Turkish liras
Spot market natural gas prices for Friday, Sept. 25
- 1,000 cubic meters of natural gas on spot market costs 1,359 Turkish liras
Turkey's daily power consumption down 0.65% on Sept. 25
- Electricity exports amount to 7,922 megawatt-hours while imports reach 884 megawatt-hours
US oil rig count rises by four for week ending Sept. 25
- Number of oil rigs in US declined by a total of 530 from year ago
Brent oil prices decline for week ending Sept. 25
- Weekly decline continues due to worries over COVID-19 resurgence, rising exports from Libya and production from Iraq
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Spot market electricity prices for Friday, Sept. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 181.99 million Turkish liras
Spot market natural gas prices for Wednesday, Sept. 23
- 1,000 cubic meters of natural gas on spot market costs 1,354 Turkish liras
Turkey's daily power consumption up 0.35% on Sept. 23
- Electricity exports amount to 9,017 megawatt-hours while imports reach 367 megawatt-hours
Battery patents grow by 14% in 13 years: Study
- Batteries account for nearly 90% of all patents in electricity storage worldwide, according to EPO-IEA joint study
Turkish start-up to produce lithium-ion battery cathode
- Start-up aims to contribute to Turkey's efforts for locally-produced batteries for its first indigenous electric car, TOGG
COVID-19 to have lasting effect on global energy use
- COVID-19 will reduce global energy demand by 8% this year, according to newly released DNV GL report
Anadolu Agency's Energy Journalism Training begins
- Online program, with aim of helping foreign journalists enrich their knowledge in energy field, will run until Sept. 9
Spot market electricity prices for Sunday, Aug. 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.43 million Turkish liras
Spot market natural gas prices for Friday, Aug. 21
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
New gas find "transformational" for Turkey: WoodMac
- This is Turkey’s biggest-ever find by a wide margin and one of largest global discoveries of 2020, WoodMac analyst says
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Black Sea gas find key to Turkey's energy independence
- At this point, it is important for Turkey to continue to develop and improve investor-friendly strategies, energy prof. says
Turkey's daily power consumption down 0.35% on Aug. 21
- Turkey's electricity exports amount to 4,011 megawatt-hours, while imports reach 2,598 megawatt-hours
US oil rig count rises by 11 for week ending Aug. 21
- Oil rig count in the US jumps double-digits this week
New gas reserve worth $65 billion: Turkish en. min.
- New reserve could supply Turkey's total gas consumption for 7 to 8 years, Donmez says
Turkey's 1st solar cell integrated plant starts ops.
- Factory will help eliminate nearly $100 million of solar panel imports per year, energy minister Donmez says
Renewable-focused 'BEST for Energy' kickstarts in Izmir
- Project aims to support clustering efforts and promote cooperation in renewable energy in Izmir, project team leader says
Spot market electricity prices for Tuesday, August 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 169.03 million Turkish liras
Spot market natural gas prices for Sunday, August 16
- 1,000 cubic meters of natural gas on spot market costs 1,309 Turkish liras
Turkey's daily power consumption down 9.9% on August 16
- Turkey's electricity exports amount to 3,083 megawatt-hours, while imports reach 3,973 megawatt-hours
'Only Turkish nation, not US, can opt to change leader'
- Turkey strongly condemns 'ignorant' remarks of US' Joe Biden, which fail to recognize Turkish nation, says top diplomat
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Greece negates its own thesis in E. Med.: Expert
- Greece’s call for EU to apply sanctions on Turkey has no legal standing, according to retired rear admiral Yayci
Turkey's Oruc Reis vessel on new duty in E.Med.: Min.
- Turkey announces new seismic research activity in Eastern Mediterranean
Spot market electricity prices for Friday, August 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 189.34 million Turkish liras
Spot market natural gas prices for Wednesday, August 5
- 1,000 cubic meters of natural gas on spot market costs 1,393 Turkish liras
Spot market electricity prices for Monday, July 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 182.8 million Turkish liras
Spot market natural gas prices for Saturday, July 25
-1,000 cubic meters of natural gas on spot market costs 1,271 Turkish liras
Turkey's daily power consumption down 4% on July 25
- Turkey's electricity exports amount to 2,338 megawatt-hours, while imports reach 9,092 megawatt-hours
Turkey's East Med. energy policy on firm legal basis
- Greece's claims on the Eastern Mediterranean contravene international law, according to energy experts
Spot market electricity prices for Thursday, July 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 178.23 million Turkish liras
Spot market natural gas prices for Tuesday, July 21
-1,000 cubic meters of natural gas in spot market costs 1,271 Turkish liras
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Turkey renews daily power consumption record on July 21
- The country posts another record after the peak of 932,351 megawatt-hours set on July 7
Spot market natural gas prices for Wednesday, July 15
-1,000 cubic meters of natural gas in spot market costs 1,278 Turkish liras
Turkey's daily power consumption down 6.3% on July 15
- Turkey's electricity exports amount to 7,004 megawatt-hours, while imports reach 796 megawatt-hours
Spot market electricity prices for Sunday, July 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 121.49 million Turkish liras
Spot market natural gas prices for Friday, July 10
-1,000 cubic meters of natural gas in spot market costs 1,287 Turkish liras
Turkey's daily power consumption down 0.57% on July 10
- Turkey's electricity exports amount to 3,462 megawatt-hours, while imports total 3,091 megawatt-hours
US oil rig count falls for 17th consecutive week
- Over the past 17 weeks, the decline in the US oil rig count totaled 502, according to Baker Hughes
Trade volume in spot electricity mkt. hits record high
- Turkish Energy Stock Market (EXIST) data shows record trade volume of 175.44 million liras on the electricity market
Spot market natural gas prices for Wednesday, July 1
-1,000 cubic meters of natural gas in spot market costs 1,303 Turkish liras
Turkey's daily power consumption up 1.68% on July 1
- Turkey's electricity exports amount to 6,731 megawatt-hours, while imports total 7,046 megawatt-hours
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Renewable investments to top oil in 2021: Goldman Sachs
- Bank projects energy industry's spending in renewable power to reach 25% next year, from 15% in 2014
Nordex receives order for 43 MW Finnish wind farm
- Start of installation is scheduled for second half of 2021, according to Nordex
Decline in EU's oil products demand extends to April
- Due to COVID-19 measures, delivery of oil products have seen record lows in April
EIB loans €125M for Polish battery materials production
- EIB loan will help meet growing demand for rechargeable lithium-ion batteries for electric vehicles
Spot market electricity prices for Sunday, June 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 102.26 million Turkish liras
Spot market natural gas prices for Friday, June 12
- 1,000 cubic meters of natural gas in spot market costs 1,475 Turkish liras
US oil rig count falls thirteenth week in a row
- In the past thirteen weeks, the decline in US oil rig count totaled 484, according to the data
Turkey's daily power consumption down 2% on June 12
- Turkey's electricity exports amount to 500 megawatt-hours, while imports total 15,358 megawatt-hours
Spot market electricity prices for Friday, June 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 134.46 million Turkish liras
Spot market natural gas prices for Wednesday, June 10
- 1,000 cubic meters of natural gas in spot market costs 1,473 Turkish liras
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Turkey's daily power consumption up 0.6% on June 10
- Turkey's electricity exports amount to 1,232 megawatt-hours, while imports total 9,394 megawatt-hours
Turkey determines 7 blocks in E. Med. under Libya pact
- Turkish Petroleum may start new drilling activities in these areas in next 3-4 months, energy minister says
Turkey's LPG production up 18% in 2019
- EMRA's yearly data shows that both LPG exports and imports are down by 8.9% and 6.1%, respectively
Renewables' share of Turkey's installed capacity at 45%
- EMRA's yearly report also shows renewable sources' share in licensed electricity production for 2019 reaches 42.1%
Turkey's local, renewable electricity production at 66%
- Turkey targets more local and renewable resources for power generation, Turkey's energy minister says
Renewable energy consumption up by 16% in Netherlands
- More than half of this increase is due to greater biomass consumption
Spot market electricity prices for Wednesday, June 3
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 141 million Turkish liras
Spot market natural gas prices for Monday, June 1
- 1,000 cubic meters of natural gas in spot market costs 1,422 Turkish liras
UK proposes own carbon market to replace EU's
- The proposal includes plans to reduce existing emissions cap by 5%, going further than the current EU system
Turkish university to produce lithium-ion batteries
- Battery project will be supported by EU research and innovation funding program Horizon 2020
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Turkey's daily power consumption up 19.9% on June 1
- Turkey's electricity exports amount to 1,371 megawatt-hours, while imports total 11,450 megawatt-hours
Fatih sets sail for first deep drilling in Black Sea
- Vessel will start its first drilling in Tuna-1 location in mid-July, Turkish energy minister says
Poland gets first EIB loan for 66 small-scale PV plants
- Serving nearly 19,000 households, plants will help reduce 47,000 tons of carbon dioxide each year
Turkey's licensed power generation down 0.7% in March
- Installed electricity capacity increases 1.8% in March compared to same month last year
Leading Danish firms to develop renewable fuels plant
- Consortium aims to develop industrial-scale hydrogen and e-fuel production facility as soon as 2023
Denmark, Vietnam talk offshore wind expansion
- Vietnam has potential to generate 160 gigawatts of offshore wind, Danish Energy Agency says
EU's oil product deliveries reach record lows in March
- EU deliveries of gasoline and jet fuel fall by 15% and 27% respectively compared with February 2020, Eurostat says
EU approves €550M Danish aid to support biomass plants
- Scheme is necessary to prevent switch of supported installations to fossil fuels, according to European Commission
Spot market electricity prices for Monday, May 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 135.10 million liras
Spot market natural gas prices for Saturday, May 16
- 1,000 cubic meters of natural gas in spot market costs 1,468 Turkish liras
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Turkey's daily power consumption down 5.45% on May 16
- Turkey's electricity exports amount to 4,498 megawatt-hours, while imports total 6,798 megawatt-hours
Hydrogen on 'priority list' of oil & gas sector: DNV GL
- Hydrogen projected to be significant part of energy mix by 2030, according to a new survey
EU approves compensation for Dutch coal plant closure
- Netherlands will prohibit the use of coal for production of electricity as of January 1, 2030 at the latest
Turkey is 7th in Europe's foreign renewable investments
- New legislative measures, accommodating incentives and tender structure positively affect sector: IZKA Secretary General
COVID-19 risks global transition to clean energy: WEF
- Policies, roadmaps and governance frameworks need to be more robust and resilient, according to World Economic Forum
Energy storage is key for adding renewables to EU grid
- Main energy storage reservoir in EU is pumped hydro storage, according to a new EU-funded study
Spot market electricity prices for Monday, May 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 62.33 million liras
Spot market natural gas prices for Saturday, May 9
- 1,000 cubic meters of natural gas in spot market costs 1,466 Turkish liras
Turkey's daily power consumption down 11.24% on May 9
- Turkey's electricity exports amount to 7,114 megawatt-hours, while imports reach 3,357 megawatt-hours on Saturday