home
> Nuran Erkul
Spot market natural gas prices for Tuesday, April 6
- 1,000 cubic meters of natural gas on spot market costs 1,666 Turkish liras
Spot market electricity prices for Thursday, April 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162.16 million Turkish liras
Turkey's daily power consumption up 0.85% on April 6
- Electricity exports amount to 8,583 megawatt-hours, while imports total 4,250 megawatt-hours
Coal boom in China offset record plant retirement
- China was home to 85% of the 87.4 gigawatts of proposed new coal plants last year, a new report finds
Leaders call for global unity to limit temperature rise
- Global emissions need to halve by 2030 to achieve net-zero targets by 2050
Drastic action needed to avoid climate change costs
- Growing climate crisis could wipe out 5% of projected GDP by 2075, economists estimate
Turkey outpaces world average in wind and solar output
- World’s wind and solar share of production doubles since 2015 by comparison while Turkey's triples
Wind and solar drive record drop in coal in 2020
- China is only G20 country with large increase in coal-fired generation, a new report says
Turkey's oil imports down 24.7% in January 2021
- Output of oil refinery products decreases by 8% to 1.96 million tonnes in January this year
home
> Nuran Erkul
Turkey's gas imports up 1.8% in January 2021
- Total natural gas consumption in January shows 2.8% year-over-year fall
Net-zero goal firms risk greenwashing allegations
- At least one-fifth of world's largest 2,000 public companies have net zero targets, report says
23.03.2021
Renewable
Spot market electricity prices for Tuesday, March 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 170.3 million Turkish liras
Spot market natural gas prices for Sunday, March 21
- 1,000 cubic meters of natural gas on spot market costs 1,273 Turkish liras
Turkey's Sabanci to use green power for EV charging
- Sabanci group plans to increase number of charging stations to at least 500 by year-end, says group president
Turkey's daily power consumption down 11.4% on March 21
- Electricity exports amount to 15,181 megawatt-hours, while imports total 2,860 megawatt-hours
Turkey to boost green bonds for more clean investment
- Legal framework is needed to increase volume of green bond issues which has high potential in Turkey, official says
Cities with 1 bln. population deviate from fossil fuels
- Around 800 cities commit to net-zero in 2020 up from 100 in 2019, Renewables in Cities Global Status Report 2021 says
18.03.2021
Renewable
Spot market electricity prices for Wednesday, March 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 189.3 million Turkish liras
Spot market natural gas prices for Monday, March 15
- 1,000 cubic meters of natural gas on spot market costs 1,307 Turkish liras
home
> Nuran Erkul
Turkey's daily power consumption up 14% on March 15
- Electricity exports amount to 4,817 megawatt-hours, while imports total 1,665 megawatt-hours
IEA hails Turkey's renewables gains, warns of emissions
- Turkey uses only estimated 3% of solar and 15% of its onshore wind potential, which could enable further renewables growth
Gas to show strongest growth among fossil fuels by 2035
- Upstream sector will take lion's share from global natural gas investments, according to McKinsey
Spot market electricity prices for Monday, March 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 183.69 million Turkish liras
Spot market natural gas prices for Saturday, March 6
- 1,000 cubic meters of natural gas on spot market costs 1,294 Turkish liras
Turkey's daily power consumption down 3.9% on March 6
- Electricity exports amount to 10,624 megawatt-hours, while imports total 3,838 megawatt-hours
Japan should act quickly to achieve net-zero goals: IEA
- Innovation and market reform necessary to drive Japan’s clean energy transition, IEA's policy review says
World needs 2 billion tons in emission cuts annually
- Study shows emissions fall of 2.6 billion tons in 2020 due to confinement measures against pandemic
Efficiency rules to curb marine bunker oil demand by '30
- Use of marine LNG is expected to grow steadily by 2030, new Wood Mackenzie report says
26.02.2021
Oil
Over $1T invested in coal despite trendy climate goals
- Financial institutions’ net-zero commitments are meaningless without immediate, far-reaching coal exit policies: new study
home
> Nuran Erkul
Turkey's gas imports from Iran see sharp fall in 2020
- Country-based gas imports from Iran shows biggest fall while biggest growth seen in gas imports from Qatar and US
NGOs petition Turkey to ratify Paris Climate Agreement
- Although Turkey is among first signatories of Paris Agreement, it has not yet ratified it
25.02.2021
Turkey
Turkey's oil imports down 22.3% in December 2020
- Output of oil refinery products decreases by 0.7% to 2.83 million tonnes in December 2020
Turkey's gas imports up 15.6% in December 2020
- Total natural gas consumption in December shows 16.6% year-over-year growth
Spot market electricity prices for Tuesday, Feb. 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 174.7 million Turkish liras
Spot market natural gas prices for Sunday, Feb. 21
- 1,000 cubic meters of natural gas on spot market costs 1,204 Turkish liras
Turkey's daily power consumption down 9.2% on Feb. 21
- Electricity exports amount to 6,354 megawatt-hours, while imports total 4,222 megawatt-hours
Turkey to invest 780M TL in gas facility in Black Sea
- 155-kilometer-long pipeline will connect from new subsea gas production facility to onshore natural gas processing plant
EU needs to change course to cut emissions 55% by 2030
- Dramatic acceleration of energy transition in key areas is required for EU to hit climate goals, a new report says
Turkey to use first gas from Black Sea in Q1, 2023
- Turkey will construct 150-kilometer-long subsea pipeline from field to the Filyos shore in Zonguldak
home
> Nuran Erkul
Spot market electricity prices for Friday, Feb. 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.9 million Turkish liras
Spot market natural gas prices for Wednesday, Feb. 10
- 1,000 cubic meters of natural gas on spot market costs 1,233 Turkish liras
Petrostates could face $9T revenue gap in 20 years
- Accelerating energy transition and falling oil and gas demand leave 40 petrostates with need to diversify their economies
Turkey's daily power consumption up 0.3% on Feb. 10
- Electricity exports amount to 5,950 megawatt-hours, while imports total 3,422 megawatt-hours
Air pollution from fossil fuels causes over 8M deaths
- Air pollution from burning fossil fuels like coal and diesel is cause of about 1 in 5 deaths worldwide, new research says
09.02.2021
Coal
Turkey's renewable sector to attract $3B fund in 2021
- Around 4,500 megawatts of renewable energy capacity is expected to come online this year in Turkey
India to see largest energy demand of any country
- Country needs $1.4 trillion to put energy sector on a sustainable path over next two decades, new IEA report says
Turkey's power output from gas up 21% due to drought
- With more tangible drought in last three months, 48.2% growth was seen in share of natural gas plants in power generation
Spot market electricity prices for Monday, Feb. 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 155.91 million Turkish liras
Spot market natural gas prices for Saturday, Feb. 6
- 1,000 cubic meters of natural gas on spot market costs 1,231 Turkish liras
home
> Nuran Erkul
Turkey's daily power consumption down 6.9% on Feb. 6
- Electricity exports amount to 7,644 megawatt-hours, while imports totaled 865 megawatt-hours
Global offshore wind capacity to grow 37% in 2021
- This year, China will contribute 63% of expected growth and lead new capacity additions
04.02.2021
Wind
Climate targets hinge on clean energy transition speed
- Accelerating clean energy transition in emerging countries plays key role in reaching net-zero emissions goals: IEA head
Global gas demand expected to rise by 2.8% this year
- Natural gas demand recovery remains fragile for 2021 as uncertainties continue, new IEA report says
27.01.2021
Natural Gas
Turkey's gas imports up 32.1% in November 2020
- Total natural gas consumption in November grows 33% year-over-year
IMF to track economic impact of climate crisis
- IMF to take action in four key areas as it embraces transition to new climate economy, managing director says
26.01.2021
Stock Market
Turkey's oil imports down 3.8% in November 2020
- Output of oil refinery products decreases by 7.2% to 2.85 million tonnes in November 2020
Spot market electricity prices for Saturday, Jan. 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.5 million Turkish liras
Spot market natural gas prices for Thursday, Jan. 21
- 1,000 cubic meters of natural gas on spot market costs 1,305 Turkish liras
Asian spot LNG prices jump due to cold weather, low gas stock
- Asian spot LNG prices increase 16-fold, reaching $32.5 mmBtu in January
home
> Nuran Erkul
Turkey's daily power consumption down 0.45% on Jan. 21
- Electricity exports amount to 4,516 megawatt-hours, while imports totaled 1,660 megawatt-hours
US now needs an ambitious climate plan: Experts
- Biden administration begins process to rejoin Paris Agreement, as well as signing order to cancel Keystone XL pipeline
Turkey's renewable energy investments reach $7B in 2020
- Turkey renewable energy additions totaled 4,800 megawatts last year, supported by Turkey's Renewable Energy Support Scheme
Turkey expects to add 1,500 MW of solar power this year
- 672 megawatts of additional solar capacity came online in Turkey in 2020
Oil and gas-related methane emissions could rebound
- IEA calls on companies, governments and regulators to take urgent action to cut emissions from oil and gas sector
Spot market electricity prices for Monday, Jan. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 183.1 million Turkish liras
17.01.2021
Electricity
Spot market natural gas prices for Saturday, Jan. 16
- 1,000 cubic meters of natural gas on spot market costs 1,297 Turkish liras
Turkey's daily power consumption down 6.6% on Jan. 16
- Electricity exports amount to 4,434 megawatt-hours, while imports total 344 megawatt-hours
Electricity to form 30% of Turkey energy demand by 2040
- Final energy demand will increase by 40% while electricity demand will grow by around 70% to 90% by 2040
IEA to create 1st roadmap for net-zero emissions by 2050
- World's first comprehensive plan will analyze how energy sector can be decarbonized in line with Paris Agreement
12.01.2021
Renewable
home
> Nuran Erkul
Global gas demand drops by 2.5% in 2020
- Lower prices, making gas competitive in power sector, prevents a larger demand fall
11.01.2021
Natural Gas
Spot market electricity prices for Saturday, Jan. 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 153.8 million Turkish liras
Spot market natural gas prices for Thursday, Jan. 7
- 1,000 cubic meters of natural gas on spot market costs 1,292 Turkish liras
Spot market electricity prices for Saturday, Jan. 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 157.08 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 31
- 1,000 cubic meters of natural gas on spot market costs 1,254 Turkish liras
Turkey's daily power consumption up 2.18% on Dec. 31
- Electricity exports amount to 6,611 megawatt-hours, while imports total 4,692 megawatt-hours
TAP opens commercial gas flow from Azerbaijan to Europe
- For first time in history, Azerbaijan's natural gas reaches European market through direct pipeline connection, SOCAR says
Turkey seeks gas discount and flexible contracts
- Turkey's natural gas contracts totaling 15.9 billion cubic meters with Russia, Azerbaijan and Nigeria will expire in 2021
Turkey's gas imports up 28% in October 2020
- Total natural gas consumption in October grows 23.9% year-over-year
Turkey begins electricity export to Iraq
- Iraq becomes Turkey's fourth electricity export destination after Georgia, Bulgaria and Greece
home
> Nuran Erkul
Renewables output prevents Turkey's $5B energy imports
- Turkey's installed renewable capacity totals 49 gigawatts with approximately 4.7-gigawatt increase this year
Spot market electricity prices for Monday, Dec. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 166.1 million Turkish liras
Spot market natural gas prices for Saturday, Dec. 19
- 1,000 cubic meters of natural gas on spot market costs 1,306 Turkish liras
Turkey's daily power consumption down 6% on Dec. 19
- Electricity exports amount to 12,538 megawatt-hours, while imports total 149 megawatt-hours
2021 global coal demand to grow 2.6% after record drop
- Rising coal demand poses major challenges to efforts to make emissions compatible with climate and sustainable energy goals
Spot market electricity prices for Friday, Dec. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.44 million Turkish liras
17.12.2020
Electricity
Spot market natural gas prices for Wednesday, Dec. 16
- 1,000 cubic meters of natural gas on spot market costs 1,319 Turkish liras
Turkey's daily power consumption down 0.40% on Dec. 16
- Electricity exports amount to 11,151 megawatt-hours, while imports total 37 megawatt-hours
Turkey's Sabanci to invest $450M in wind over 4 years
- "We put sustainability and new technologies at center of investments and growth plans," high official at conglomerate says
2020 global power demand to see biggest fall in 50 yrs.
- Demand is estimated to rebound modestly in 2021 after historic shock from pandemic in 2020, a new IEA report says
14.12.2020
Electricity
home
> Nuran Erkul
Support mechanism key to Turkey’s renewables growth
- Renewable energy capacity additions this year to date set record high with over 4,200 megawatts
Paris Agreement 5 years on with net-zero economy growth
- Paris Agreement ratified in December 2015 for transitioning to low carbon economy to gain speed in 2020s, a new report says
10.12.2020
General
Green recovery could cut 25% of forecast 2030 emissions
- UN says green recovery would put emissions within range, giving a 66% chance of holding temperatures below 2°C
09.12.2020
Renewable
Brent oil price up 3.44% for week ending Dec. 4
- Long-waited OPEC+ meeting ends with agreement to ease oil cuts next year by more than market expectations
04.12.2020
Oil
Turkey's oil imports up 14.1% in September 2020
- Output of oil refinery products decreases by 5.6% to 3.02 million tonnes in September 2020
Spot market electricity prices for Friday, Nov. 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 205.9 million Turkish liras
Spot market natural gas prices for Wednesday, Nov. 25
- 1,000 cubic meters of natural gas on spot market costs 1,347 Turkish liras
Turkey's daily power consumption up 2.5% on Nov. 25
- Electricity exports amount to 14,252 megawatt-hours, while imports total 75 megawatt-hours
26.11.2020
Electricity
Turkey's gas imports up 22.5% in September 2020
- Total natural gas consumption in September grows 24.5% year-over-year