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Turkey's oil imports down 7.2% in March 2020
- Production of oil refinery products increases by 9% to 3 million tonnes in March 2020
COVID-19 to cause biggest global energy investment fall
- Global energy investments are expected to total $1.5 trillion this year marking a year-on-year drop of 20%, IEA report says
27.05.2020
Invesments
COVID-19 causes 17% drop in global carbon emissions
- Scientists warn governments need long-term policies and economic stimulus packages to curb emissions permanently
Turkey commissions 1st turbine of Ilisu Dam power plant
- First turbine of plant with 200 megawatts goes online, Turkey's energy minister says
Spot market electricity prices for Wednesday, May 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 141.41 million liras
Spot market natural gas prices for Sunday, May 17
- 1,000 cubic meters of natural gas in spot market costs 1,474 Turkish liras
Global gas demand to drop 2% in 2020 due to COVID-19
- Natural gas demand in world is expected to total close to 3,878 billion cubic meters this year, according to Rystad Energy
19.05.2020
Natural Gas
Turkey's daily power consumption up 5.6% on May 18
- Turkey's electricity exports amount to 4,158 megawatt-hours, while imports total 4,038 megawatt-hours
19.05.2020
Electricity
Oil prices up with demand signs
- Oil prices stand at $35.17 per barrel with demand recovery
19.05.2020
Oil
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Spot market electricity prices for Thursday, May 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 129.80 million liras
Spot market natural gas prices for Tuesday, May 12
- 1,000 cubic meters of natural gas in spot market costs 1,476 Turkish liras
13.05.2020
Natural Gas
Turkey's daily power consumption up 3.3% on May 12
- Turkey's electricity exports amount to 7,211 megawatt-hours, while imports total 6,162 megawatt-hours
Global emissions to see historic fall due to COVID-19
- Governments need to adjust more ambitious policies to make emissions drop permanent to combat climate change
Stimulus packages need to go green for better recovery
- Fossil fuel companies who lobby bailout from COVID-19 crisis could threaten fight against climate change, experts say
22.04.2020
Renewable
Turkey's daily power consumption up 2.6% on April 14
- Turkey's electricity exports amount to 5,998 megawatt-hours, while imports total 3,826 megawatt-hours on Tuesday
15.04.2020
Electricity
French fuel consumption down by 25% due to confinement
- Over last 10 days of March when full confinement began, unleaded premium fuel consumption drops by 80%, data shows
15.04.2020
Europe
Spot market natural gas prices for Saturday, April 11
- 1,000 cubic meters of natural gas in spot market costs 1,412 Turkish liras on Saturday
12.04.2020
Natural Gas
Spot market electricity prices for Monday, April 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 84.82 million Turkish liras
Turkey's daily power consumption down 16% on April 11
- Turkey's electricity exports amount to 7,111 megawatt-hours, while imports total 3,868 megawatt-hours on Saturday
12.04.2020
Electricity
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Almost half of global coal plants to run at loss in 2020
- Biggest loss will be in China which plans to build 206 GW of new coal capacity, report reveals
09.04.2020
Coal
Spot market electricity prices for Thursday, April 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 72.6 million Turkish liras
08.04.2020
Electricity
Spot market natural gas prices for Tuesday, April 7
- 1,000 cubic meters of natural gas in spot market costs 1,440 Turkish liras on Tuesday
Turkey's daily power consumption up 0.3% on April 7
- Turkey's electricity exports amount to 5,373 megawatt-hours, while imports total 3,839 megawatt-hours on Tuesday
08.04.2020
Electricity
Wind & solar beats coal for 1st time in EU's power gen.
- Share of coal in total electricity mix falls to 15% with 469 terawatt-hours of production, new study shows
Post COVID-19 world needs to focus on low carbon growth
- Countries should not trigger another climate crisis while avoiding health crisis because of COVID-19, official warns
06.04.2020
Renewable
Brent oil climbs above $30/bbl after Trump's statement
- Benchmark climbs to as high as $30.86 per barrel after Trump says he expects Russia and Saudi Arabia to reach oil deal soon
02.04.2020
Oil
EU power suppl. delay payments for vulnerable consumers
- European power sector calls EU institutions to take necessary measures to help energy companies
COVID-19 crisis cuts Turkey's power demand, trade
- Companies making plans to deal with fallout of lower electricity demand, trade as pandemic halts global economic activity
31.03.2020
Electricity
Coronavirus threat may push oil below $20/bbl: Experts
- Virus lowering daily economic activity, negatively impacting oil demand, says expert
30.03.2020
Oil
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Turkey's licensed power generation up 3.13% in January
- Installed electricity capacity increases 1.91% in January compared to same month of last year
Turkey's natural gas imports up 3% in January 2020
- Total natural gas consumption in January rises by 6.1% compared to same month of 2019
Global oil demand could drop by 20% due to virus: IEA
- IEA head calls key oil producer countries to be constructive for stabilizing markets as oil demand is currently in free fall
27.03.2020
Oil
Planned coal power capacity drops for 4th year in a row
- Global coal power under development in 2019 declined 16% compared to previous year, report shows
26.03.2020
Coal
Spot market natural gas prices for Tuesday, March 24
- 1,000 cubic meters of natural gas in spot market costs 1,483 Turkish liras on Monday
25.03.2020
Natural Gas
Spot market electricity prices for Thursday, March 26
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 97.07 million Turkish liras
World jet fuel demand could drop by 70% due to COVID-19
- Number of daily flights decline by 48% in a month as countries increasingly limit travel, data shows
25.03.2020
Oil
Turkey's daily power consumption up 2.4% on March 24
- Turkey's electricity exports amount to 9,264 megawatt-hours, while imports total 15,985 megawatt-hours on Tuesday
Italy sees huge power consumption fall due to COVID-19
- Italy's electricity consumption drops by 19.5% between March 16-20 compared to same period last year, data shows
Brent oil continues its fall below $30 a barrel
- On March 18, benchmark dipped below $25 per barrel
19.03.2020
Oil
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Banks funnel $2.7T to fossils, snubbing climate crisis
- Four U.S.-based international banks account for 30% of total financing of fossil fuels, report reveals
Turkey delays pre-license wind applications to October
- Applications for 2,000 megawatts will move from previous date of April 6-10 to new period of Oct. 5-9
18.03.2020
Wind
Spot market electricity prices for Monday, March 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 106.6 million Turkish liras
15.03.2020
Electricity
Spot market natural gas prices for Saturday, March 14
- 1,000 cubic meters of natural gas in spot market costs 1,411 Turkish liras on Saturday
Turkey's 3rd drill ship named Kanuni arrives Turkey
- Covid-19 measures to be applied to ship and personnel, minister says
Turkey halts ethanol-mixed fuel for more disinfectants
- Move to raise ethanol production capacity to boost disinfectant production as measure against spread of coronavirus
Covid-19 to hit jet fuel sector with 11% demand fall
- Global air traffic expected to decrease by approximately 16% this year compared to 2019 due to coronavirus
13.03.2020
Oil
Oil price drop to curb Turkey's gas import costs by 30%
- Main impact of oil price fall will be felt in six to nine months in natural gas prices
Spot market electricity prices for Monday, March 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 121.2 million Turkish liras
08.03.2020
Electricity
Spot market natural gas prices for Saturday, March 7
- 1,000 cubic meters of natural gas in spot market costs 1,418 Turkish liras on Friday
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Turkey's daily power consumption down 7% on March 7
- Turkey's electricity exports amount to 6,228 megawatt-hours, while imports total 9,469 megawatt-hours on Saturday
Turkey's Petkim hits historic production record in 2019
- Production of Turkey's integrated petrochemical plant grows by 24% in 2019 compared to previous year, statement says
Tariff scheme key for investors in Turkey’s renewables
- Bankability of projects and feed-in tariff mechanism are key to scaling up investments in Turkey, high-level official says
Macroeconomy and geopolitics keep CEOs awake at night
- Macroeconomic and geopolitical issues define critical uncertainties for leaders of global energy world, survey shows
Spot market electricity prices for Monday, Feb. 24
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 147.88 million Turkish liras
23.02.2020
Electricity
Spot market natural gas prices for Saturday, Feb. 22
- 1,000 cubic meters of natural gas in spot market costs 1,462 Turkish liras on Saturday
23.02.2020
Natural Gas
Turkey's daily power consumption down 4.5% on Feb. 22
- Turkey's electricity exports amount to 3,302 megawatt-hours, while imports total 8,684 megawatt-hours on Saturday
23.02.2020
Electricity
Spot market natural gas prices for Wednesday, Feb. 19
- 1,000 cubic meters of natural gas in spot market costs 1,475 Turkish liras on Wednesday
20.02.2020
Natural Gas
Spot market electricity prices for Friday, Feb. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 157.71 million Turkish liras
20.02.2020
Electricity
Turkey's daily power consumption down 0.45% on Feb. 19
- Turkey's electricity exports total 5,849 megawatt-hours, while imports total 7,535 megawatt-hours on Wednesday
20.02.2020
Electricity
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Coronavirus to have short-term oil market impact: BBVA
- As the outbreak is expected to lower energy consumption worldwide, several institutions revised both oil prices and demand forecasts
Global emissions flatline in 2019 and defy expectations
- After two years of growth, global energy-related emissions stop increasing, new International Energy Agency data shows
Energy to play greater role in Turkey-US trade volume
- Liquefied natural gas, renewable energy and petrochemicals are potential sectors for boost in mutual trade, official says
EBRD, Atlantic Council to hold renewable energy summit
- Anadolu Agency global communication partner of regional renewable energy conference to be held in Istanbul on Feb. 13
Delaying energy transition to 2030 risks $1.2T capital
- Global oil and gas industry needs to step up climate efforts to maintain profitability and acceptability, report says
Turkey's daily power consumption up 0.7% on Jan. 16
- Turkey's electricity exports total 7,812 megawatt-hours, while imports amount to 1,210 megawatt-hours on Thursday
17.01.2020
Electricity
Climate Invest. Funds to rise energy storage loans to $1B
- Initial budget of $250M. for Global Energy Storage program aims to create flexibility in energy systems, CIF head says
Global oil & gas discoveries reach 4-year high in 2019
- Discoveries boosted by ExxonMobil's investment in Guyana, independent energy research company data shows
Turkey's daily power consumption up 0.3% on Jan. 8
- Turkey's electricity exports total 6,963 megawatt-hours, while imports amount to 2,854 megawatt-hours on Wednesday
Spot market electricity prices for Monday, Dec. 30
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 117.7 million Turkish liras
29.12.2019
Electricity
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Spot market natural gas prices for Saturday, Dec. 28
- 1,000 cubic meters of natural gas in spot market costs 1,428 Turkish liras on Saturday
Turkey's daily power consumption down 3.7% on Dec. 28
- Turkey's electricity exports total 4,591 megawatt-hours, while imports amount to 11,471 megawatt-hours on Saturday
29.12.2019
Electricity
Spot market electricity prices for Saturday, Dec. 28
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 128.80 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 26
- 1,000 cubic meters of natural gas in spot market costs 1,425 Turkish liras on Thursday
Turkey's daily power consumption up 1.4% on Dec. 26
- Turkey's electricity exports total 3,993 megawatt-hours while imports amount to 14,754 megawatt-hours on Thursday
EBRD loans $100M in Turkish lira equivalent to Enerjisa
- Turkey's Enerjisa Enerji will use financing for electricity infrastructure improvements, statement says
Incentives to expedite returns on Turkey's rooftop solar
- Turkey needs to take further steps to bring rooftop solar power within reach of mainstream consumers, a new report finds
Turkey has huge potential to cut emissions: Report
- Turkey could scale up climate action and substantially cut emissions by 2030, new study shows
10.12.2019
Turkey
TAP to deliver first commercial gas in October 2020
- Trans Adriatic Pipeline is 90.5% complete in terms of overall project progress, official says
Spot market electricity prices for Monday, Dec. 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 145.18 million Turkish liras
08.12.2019
Electricity
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Spot market natural gas prices for Saturday, Dec. 7
- 1,000 cubic meters of natural gas in spot market costs 1,417 Turkish liras on Saturday
08.12.2019
Natural Gas
Turkey's daily power consumption down 4.9% on Dec. 7
- Turkey's electricity exports amount to 9,939 megawatt-hours, while imports reach 11,590 megawatt-hours
08.12.2019
Electricity
Turkey's fund to build $10B petchem & refinery facility
- Refinery in Ceyhan will help reduce Turkey's current account deficit by $1.5 billion annually
03.12.2019
Invesments
Turkey's daily power consumption down 1.1% on Nov. 28
- Turkey's electricity exports amount to 4,290 megawatt-hours, while imports reach 9,510 megawatt-hours
Turkey gets $350M in funding for efficiency investments
- Fund made available to 4 Turkish banks that have channeled financing to energy efficiency investments in Turkey since 2015
Spot market electricity prices for Monday, Nov. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 127.8 million Turkish liras
24.11.2019
Electricity
Spot market natural gas prices for Saturday, Nov. 23
- 1,000 cubic meters of natural gas in spot market costs 1,399 Turkish liras on Saturday
Turkey's daily power consumption down 5.5% on Nov. 23
- Turkey's electricity exports amount to 5,031 megawatt-hours, while imports reach 15,917 megawatt-hours
24.11.2019
Electricity
Spot market electricity prices for Friday, Nov. 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 136.54 million Turkish liras
21.11.2019
Electricity
Spot market natural gas prices for Wednesday, Nov. 20
- 1,000 cubic meters of natural gas in spot market costs 1,408 Turkish liras on Wednesday
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Turkey's daily power consumption up 0.1% on Nov. 20
- Turkey's electricity exports amount to 7,890 megawatt-hours, while imports reach 7,042 megawatt-hours
Euro. Invest. Bank to end fossil fuel financing by 2021
- Part of EIB's plan to tackle climate change will see unlocking of €1 billion for sustainable investments to 2030
Climate change drastically threatens children's health
- Worsening air and food quality as well as infectious diseases to have extensive damage on infant's health, study shows
Taiwan to build $100 million steel factory in Turkey
- Factory, which will employ 300, will be located in industrial province of Kocaeli in Marmara region
Taiwan to build $100 million steel factory in Turkey
- Factory, which will employ 300, will be located in industrial province of Kocaeli in Marmara region
Spot market natural gas prices for Sunday, Nov. 10
- 1,000 cubic meters of natural gas in spot market costs 1,422 Turkish liras on Sunday
Spot market electricity prices for Tuesday, Nov. 12
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 128.1 million Turkish liras
11.11.2019
Electricity
Turkey's daily power consumption falls by 11.3% on Nov. 10
- Turkey's electricity exports amount to 5,986 megawatt-hours, while imports reach 11,164 megawatt-hours
Spot market electricity prices for Monday, Nov. 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 138 million Turkish liras
10.11.2019
Electricity
