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Spot market electricity prices for Wednesday, Jan. 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 786.71 million Turkish liras
Spot market natural gas prices for Monday, Jan. 10
- 1,000 cubic meters of natural gas on spot market costs 10,087 Turkish liras
Turkiye's daily power consumption up 16.2% on Jan. 10
- Electricity exports amount to 15,720 megawatt-hours and imports total 14,388 megawatt-hours
Turkiye's BOTAS agree deal for gas delivery to SOCAR Turkey
- BOTAS will deliver gas to STPAS to cover needs of group companies of SOCAR Turkey Enerji AS
Last 7 years recorded as 7 warmest globally
- Last year's annual average temperature is in range between 1.1-1.2°C above pre-industrial level of 1850-1900, new data shows
Spot market electricity prices for Monday, Jan. 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 667,85 million Turkish liras
Spot market natural gas prices for Saturday, Jan. 8
- 1,000 cubic meters of natural gas on spot market costs 10,083 Turkish liras
Turkiye's daily power consumption down 4.8% on Jan. 8
- Electricity exports amount to 17,117 megawatt-hours and imports total 16,870 megawatt-hours
Spot market electricity prices for Thursday, Jan. 6
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 714.3 million Turkish liras
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Spot market natural gas prices for Tuesday, Jan. 4
- 1,000 cubic meters of natural gas on spot market costs 10,068 Turkish liras
Turkey's daily power consumption up 6.9% on Jan. 4
- Electricity exports amount to 13,604 megawatt-hours and imports total 16,894 megawatt-hours
Spot market electricity prices for Friday, Dec. 31
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 479.3 million Turkish liras
Spot market natural gas prices for Wednesday, Dec. 29
- 1,000 cubic meters of natural gas on spot market costs 6,924 Turkish liras
Turkey's daily power consumption down 0.2% on Dec. 29
- Electricity exports amount to 11,983 megawatt-hours and imports total 11,745 megawatt-hours
Turkey's oil imports up 22.3% in October 2021
- Total domestic oil product sales increase by 2.9% to 2.84 million tonnes in October this year
Climate change driven extreme weather events displace over 1.3M people in 2021
- Most extreme weather events this year hit poorer nations which have little impact on climate change
27.12.2021
Finance
Spot market electricity prices for Saturday, Dec. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 496.87 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 23
- 1,000 cubic meters of natural gas on spot market costs 6,924 Turkish liras
Coal power expected to set new record in 2021 threatening net zero goals
- Rapid economic recovery and steep rise in gas prices increase coal power, underscoring need for strong policy to cut coal emissions
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Germany not expecting decision on Nord Stream 2 certification in next 6 months
- Nord Stream AG company needs to deliver required documents for start of project certification
Spot market electricity prices for Thursday, Dec. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 614.9 million Turkish liras
Spot market natural gas prices for Tuesday, Dec. 14
- 1,000 cubic meters of natural gas on spot market costs 6,373 Turkish liras
Turkey's daily power consumption up 3% on Dec. 14
- Electricity exports amount to 8,839 megawatt-hours and imports total 10,415 megawatt-hours
Global warming rise could cause $1.6T in labor loss without immediate action
- Many countries and people most impacted by current and future labor losses are not responsible for bulk of emissions
Turkey's gas and LNG storage facilities are busier with growing gas demand
- Number of LNG cargoes at Turkey's Marmara Ereglisi LNG terminal more than triple in winter season
Spot market electricity prices for Saturday, Dec. 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 508.3 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 9
- 1,000 cubic meters of natural gas on spot market costs 6,339 Turkish liras
Turkey's daily power consumption up 0.05% on Dec. 9
- Electricity exports amount to 8,198 megawatt-hours and imports total 7,667 megawatt-hours
Experts launch 1st independent hydrogen coalition to guide decision-makers
- Coalition recommends government support for zero emissions hydrogen or green hydrogen only
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Trillion-dollar chemical industry needs to reduce health and environmental impact
- Majority of chemical firms develop hazardous products despite touting green credentials, report says
Turkish renewables sector attracts $2.5B in financing this year led by solar
- Clean financing in 2021 is expected to be around 20% higher than annual average between 2002 and 2020
Turkey's renewable power capacity to grow by 53% by 2026
- Growth rate of renewables makes Turkey 5th biggest in Europe, 12th biggest worldwide, senior analyst at Int. Energy Agency says
IEA expects all-time record in renewable installations globally in 2021
- Renewable electricity growth accelerates faster than ever but further deployment is needed across all key sectors, report says
Spot market natural gas prices for Sunday, Nov. 28
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
Spot market electricity prices for Tuesday, Nov. 30
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 451.44 million Turkish liras
Wind becomes largest source of electricity in Turkey on Nov. 28
- Wind is Turkey's second-biggest renewable source after hydropower
Turkey's daily power consumption down 10.5% on Nov. 28
- Electricity exports amount to 13,626 megawatt-hours and imports total 11,026 megawatt-hours
Turkey's oil imports down 11.4% in September 2021
- Total domestic oil product sales increase by 1.2% to 2.85 million tonnes in September this year
Turkish BDY Group acquires Swiss company's LPG terminal in Black Sea
- Turkish company in negotiations for new acquisitions in various sectors, head company official says
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Global energy efficiency progress well short of level to meet climate goals
- Annual rate of improvement in global energy intensity is below 4% needed between 2020 and 2030 for net zero pathway, IEA says
Germany suspends certification process for Nord Stream 2 gas pipeline
- Certification process will resume after necessary requirements have been fulfilled, German body says
Fossil fuel-dependent M. Eastern economies in search of clean transition roadmap
- Fundamental changes to economic model of resource-rich countries look unavoidable, IEA chief says, urging for clean energy transition
Spot market electricity prices for Tuesday, Nov. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 453.9 million Turkish liras
Spot market natural gas prices for Sunday, Nov. 14
- 1,000 cubic meters of natural gas on spot market costs 4,608 Turkish liras
Turkey's daily power consumption down 10.3% on Nov. 14
- Electricity exports amount to 13,308 megawatt-hours and imports total 12,573 megawatt-hours
Developed countries failure to commit to climate finance 'disappointing', UNFCCC says
- More effort needed to reach $100 billion climate finance pledge, executive secretary of UNFCCC says
World heading to at least 2.4˚C of warming, Climate Action Tracker warns
- If all net zero pledges are fully implemented, optimistic projection shows global warming rise could be down to 1.8˚C by 2100
Countries failing to fulfil climate commitments to be 'shamed' in 2023
- Actions will be tracked by International Energy Agency until UN climate summit in 2023
Global carbon emissions rapidly rebound close to pre-COVID levels
- Carbon emissions dropped by 5.4% in 2020 amid COVID lockdowns, but report projects an increase of 4.9% this year
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Turkey's coal exit by 2030 could reduce power sector emission by 82.8%
- Carbon pricing mechanism and savings on cancelling coal subsidies would help finance clean transition for Turkey
Over 100 world leaders sign declaration on halting and reversing forest loss
- Declaration reaffirms alignment of financial flows with international goals to reverse forest loss and degradation
Net zero pledges by major fossil fuel producers need to include fossil output cut plans
- Carbon capture technologies are insufficient to reach net zero targets if plans to produce and export fossil fuels are left untouched
World in midst of 'uneven and unsustainable' economic recovery, IEA says
- Clean energy spending is highly imbalanced geographically with most of it in advanced economies rather than developing world
28.10.2021
Invesments
1,485 institutions globally divest from $39.2 trillion worth of fossil fuels
- Divest-invest movement amasses power to shift politics and finance on climate crisis, a new report says
Turkey's oil imports up 39% in August 2021
- Total domestic oil product sales increase by 3% to 2.92 million tonnes in August this year
Turkey's gas imports up 24.3% in August 2021
- Natural gas volume in Turkey's storage grows by 10.8% to around 2.69 billion cubic meters in August 2021
Spot market natural gas prices for Tuesday, Oct. 19
- 1,000 cubic meters of natural gas on spot market costs 3,418 Turkish liras
Spot market electricity prices for Thursday, Oct. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 505.7 million Turkish liras
G7 countries well placed to fully decarbonize power supply by 2035: IEA
- G7 countries currently account for about 40% of global economy and 25% of global energy-related carbon dioxide emissions
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Turkey's daily power consumption up 3.07% on Oct. 19
- Electricity exports amount to 12,671 megawatt-hours and imports total 11,720 megawatt-hours
Governments' fossil fuel plans 'dangerously' inconsistent with 1.5°C goal
- Countries plan 110% more fossil fuel production in 2030 than would be consistent with limiting warming to 1.5°C, UN report finds
Around 22% of European and 31% of US gas plants run at loss
- Utilities risk losing billions as surging fuel prices compound problems facing gas industry, report says
Rapid policy acceleration by 2025 could bring 'below 2°C' goal within reach
- Policy changes will be driven by investor, corporate and civil society pressure, climate impacts and volatile weather patterns
Spot market natural gas prices for Saturday, Oct. 16
- 1,000 cubic meters of natural gas on spot market costs 3,223 Turkish liras
Spot market electricity prices for Sunday, Oct. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 446.96 million Turkish liras
Turkey's daily power consumption down 4.5% on Oct. 16
- Electricity exports amount to 14,761 megawatt-hours and imports total 14,323 megawatt-hours
Power prices surge by 150% in European markets and 75% in Turkish market
- Record natural gas and coal prices in Europe due to energy crisis also hit power markets
New France-led 'nuclear alliance' in Europe could lead to conflict
- France, with largest nuclear capacity in Europe, is boosting investments in nuclear amid energy crunch on continent
Turkey to become party to Paris Climate Agreement on Nov. 10
- Turkey is now expected to update its commitments to combat climate change
15.10.2021
Turkey
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Clean energy investments need to more than triple by 2030 to curb emissions
- New energy economy is emerging but not yet quickly enough to reach net zero emissions by 2050: IEA's World Energy Outlook 2021
Energy crisis could lead to faster-than-expected rise in carbon emissions
- Global carbon emissions between Jan-Aug are already only 1% lower than peak emission levels of same period in 2019
Global health workforce makes recommendations to avert health catastrophe
- Global health workforce urges 10 green recovery actions to avert health catastrophe and reduce social and health inequities
11.10.2021
Coal
Spot market electricity prices for Tuesday, Oct. 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 352.04 million Turkish liras
Spot market natural gas prices for Sunday, Oct. 10
- 1,000 cubic meters of natural gas on spot market costs 3,231 Turkish liras
Turkey's daily power consumption down by 9.9% on Oct. 10
- Electricity exports amount to 15,948 megawatt-hours, while imports total 14,296 megawatt-hours
Paris Agreement's ratification launches new climate policy era in Turkey
- Turkey expected to adopt new emissions-cutting goals, action plans after lawmakers ratified Paris deal, say climate groups
Rapid action needed to cut methane emissions to combat near-term global warming
- Methane is responsible for around 30% of global temperature increase to date, new report says
Skyrocketing prices could threaten energy importing economies
- European natural gas prices surge by over 600% while coal prices quadruple in last year, raising fears of economic turbulences globally
Governments need to move decisively to unlock growth for low-carbon hydrogen
- Global production of low-carbon hydrogen is currently minimal and not cost-competitive, a new IEA report says
04.10.2021
Renewable
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Turkey's oil imports down 1.3% in July 2021
- Total domestic oil product sales increase by 0.2% to 2.95 million tonnes in July this year
Turkey's gas imports up 30.1% in July 2021
- Total natural gas consumption in July shows 35% year-over-year growth, led by higher gas plant consumption
New wind, solar power generation cheaper than existing imported coal power in Turkey
- Levelized cost of electricity for wind and solar in Turkey much lower than from imported coal plants
Spot market electricity prices for Monday, Sept. 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 300.2 million Turkish liras
26.09.2021
Electricity
Spot market natural gas prices for Saturday, Sept. 25
- 1,000 cubic meters of natural gas on spot market costs 2,465 Turkish liras
Turkey's daily power consumption down 4.5% on Sept. 25
- Electricity exports amount to 16,580 megawatt-hours, while imports total 10,557 megawatt-hours
Turkey's ratification of Paris Agreement to be catalyst for renewables growth
- Turkish president says ratification of agreement will lead to radical changes in number of sectors
Int. Energy Agency calls on Russia to step up gas exports to Europe
- European gas market could face further stress tests from unplanned outages and sharp cold spells, especially in late winter
Soaring fossil gas costs account for 86% of tripling UK electricity prices
- Electricity generation from existing UK fossil gas plants is three times more expensive than new onshore wind, data shows
Turkey's natural gas futures market to open for trade on Oct. 1
- Gas futures market will enable market participants to minimize their risks, EXIST chairman says
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Investment consultants advising on $10 trillion assets launch net zero initiative
- Initiative signatories commit to support their clients in achieving global net zero emissions by 2050
20.09.2021
Invesments
Trans Adriatic P/line transports first 5B cubic meters of gas to Europe
- TAP will avail of opportunities to deliver hydrogen to help reduce emissions in Europe, TAP managing director says
Clean power investments in Turkey reach $66B, creating 53% of electricity capacity
- Hydropower accounts for largest investment with $35 billion, followed by around $13 billion in wind power sector
IEA head Birol named on TIME 100 list of world's most influential people
- Whatever influence I may have, I want to use it to give world a fighting chance of limiting global warming to 1.5 °C, Birol says
15.09.2021
International Organization
European gas prices soar amid supply concerns and rising consumption
- Combined with less Russian gas and lower storage, concerns over gas supply reflect on prices
People in advanced economies very concerned about personal impact of climate change
- There is minimal praise from societies on how US and China handle climate change, survey shows
Spot market electricity prices for Wednesday, Sept. 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 313.90 million Turkish liras
Spot market natural gas prices for Monday, Sept. 13
- 1,000 cubic meters of natural gas on spot market costs 2,202 Turkish liras
Global pipeline of proposed coal plants shrink 76% since Paris Agreement
- Pre-construction pipeline of coal plants drops by 77% since 2015 among non-OECD countries excluding China, report reveals
14.09.2021
Coal
