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Turkey to boost geothermal using support mechanisms

- Risk mitigation tools and public engagement can facilitate new investments: European Geothermal Energy Council Sec.-Gen.

home > Geothermal/Biomass, Invesments, Turkey 12.11.2019 11:10 Ebru Şengül

Turkey to boost geothermal using support mechanisms
Copyright: MASPO Enerji

Turkey can boost its geothermal energy potential with the application of risk mitigation tools and more public engagement, the European Geothermal Energy Council (EGEC) Secretary-General Philippe Dumas told Anadolu Agency on Tuesday.

Speaking on the sidelines of the International Geothermal Conference (IGC Turkey 2019) in Izmir, Dumas said Turkey differs from other European countries with its fast-growing economy and increasing electricity demand.

Turkey needs to utilize local sources to supply this growing electricity demand with a focus on sustainability using fewer carbon emissions, he stressed.

He advocated the use of geothermal energy in Turkey, which as a renewables base load, would be able to provide power 24 hours a day.

"Geothermal is a good option to provide this electricity for Turkey because you need to have a local, and as much as possible the security of clean supply,” he said.

He hailed the developments that Turkey has made in its aim to drill and carry out exploration to facilitate private investor development. As a result, Turkey has good geothermal resources, which was not the case years ago, he explained.

He also commended Turkey for gaining expertise in geoscience and trading and for launching feed-in tariffs to promote geothermal power.

Before geothermal power, he explained that there was only oil and gas research underground.

However, with high demand for electricity, a favorable environment to explore geothermal resources, and with acquiring a good knowledge in this sector, all this converged to allow the rapid development of the geothermal sector in Turkey to the extent that the country has developed over 1 gigawatt of capacity in less than ten years, which Dumas described as “quite intensive”.

- Public engagement is key

He said that Turkey faces the same challenges in carrying out geothermal projects as any other country.

"Geothermal is not riskier, you just have some risk components. You have mitigation tools and de-risking instruments, which you have to apply,” he explained.

Firstly, he cited the example of drilling and not finding the expected source. In this case, he said that this is where de-risking tools come in.

“You can de-risk it with technical instruments, doing more research, and exploration campaigns. Also, some financial instruments can help de-risk," he said.

Secondly, Dumas called for projects to encourage more pubic engagement with geothermal energy to allow greater social acceptance.

"We see that when we engage with local people, it helps to bring about a preferable local environment. We try to involve the people in the project,” he said.

- Turkey's geothermal share needs to be at least 10%

Dumas described the geothermal sector in Turkey as a “plane that is about to take off.”

At first, with good development, the speed increases and exponential growth ensues, which he said was the most critical point.

Maximum speed is needed to launch a plane along with the correct conditions and parameters at the same time. Similarly, in geothermal power, projects have to have the right conditions for success because all the future projects will be even bigger with a sustainable market, he affirmed.

“In the future, Turkey will not be talking about 1.6 gigawatts, but about doubling, tripling or quadrupling that number,” he said.

Although Turkey has come a long way in the development of geothermal, it can still do more, Dumas said.

"The share of geothermal in Turkey's electricity mix is still small. It is still a niche market. We want to do more. But we also want to do it properly. The potential is huge. Minimum 10% is good because geothermal is unique, renewable and base load," he declared.

According to the Turkish Association of Geothermal Investors (JESDER), the estimated power generation potential from geothermal sources in the western regions of the country amounts to around 3,000 megawatts. Currently, the share of geothermal energy in total electricity production is just under 2.4%.

- Incentives for direct use can facilitate investment

Alexander Richter, president of the International Geothermal Association (IGA), also said that Turkey’s geothermal sector has seen a “tremendous and fast development.”

"With development activities, a lively and experienced geothermal sector was established. From developers to service companies to the assembly of turbines, today there is a highly experienced sector and we now see the results with Turkish companies working internationally as well," Richter said.

As with any international geothermal projects, those in Turkey face risks in its resources, sustainable utilization, social acceptance, policies and support schemes, and access to financing, according to Richter.

"In Turkey, resource risk is a strong issue, depending on whether different licenses are covering the same resource or are being tapped by different projects. This creates uncertainties over the management and sustainability for the operation of plants," he explained.

Richter also described the operation of plants and the resulting local impact as important elements in Turkey’s further development. He said the mitigation of the local environmental impact and the social impact on neighboring communities are important, and therefore, local stakeholder engagement is crucial.

Another risk is with CO2 emissions, which he said had been studied in various projects and addressed. However, the uncertainty over the continuation of feed-in tariffs poses a risk for companies who may not be able to acquire sufficient financing to develop their projects.

Turkey's geothermal sector has seen an annual addition of 200 megawatts of geothermal capacity but Richter predicts this will slow down over the next year or two.

Nevertheless, Turkey can reach its target of 2,500 MW over the next five to seven years if tariffs are applied.

Richter stressed that tariffs are key to continuing investment and development and only with the timely announcement will the sector be able to continue.

"As soon as the tariffs are announced things will though kick off again, how fast and to what extent will also depend on the available funding and overall economic situation. But with nearly 1,600 MW installed today, and a slow yet continued development of ongoing projects currently under construction,” he said.

Another element to facilitate investments is through the provision of incentives for the direct use of geothermal resources, as in district heating and for industrial use, Richter said.

"This not only provides further incentives for development but also allows additional revenues for developers and a better economic environment for operators of geothermal plants," Richter concluded.

By Ebru Sengul

Anadolu Agency

energy@aa.com.tr



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11.04.2018 Finance , Geothermal/Biomass , Turkey , General

Turcas Petrol to double geothermal capacity in mid term

- At AA energy desk, Turcas CEO stresses importance of Turkish Energy Ministry's support for future clean energy investments
15.03.2018 Finance , Geothermal/Biomass , Renewable , Turkey , General

Turkey ranks fourth in global geothermal league in 2017

- Turkey has 41 geothermal facilities with 1,100 MW capacity, as well as 23 facilities with 614 MW under construction
17.01.2018 Geothermal/Biomass , Invesments , Turkey

Two new 17 MW biomass plants begin operations in Turkey

- The plants will produce electricity from agricultural biomass and animal waste
03.11.2017 Renewable , Geothermal/Biomass

South America opens its first geothermal plant

- The 48-megawatt plant, located 4,500 meters above sea level, is the first of its kind in South America
13.09.2017 Renewable , Geothermal/Biomass

Geothermal can boost Central American energy security

- Region needs correct policy and regulation to unlock 20 times the currently installed geothermal capacity, IRENA says
22.08.2017 Renewable , Geothermal/Biomass

Turkish geothermal sec. to double investment by 2020

- Governmental support is a must for geothermal sector development, the head of Turkish geothermal assoc., JESDER, says
17.08.2017 Renewable , Geothermal/Biomass

Tanzania receives $21.7M fund for geothermal activities

- Tanzania wins $21.7 million from Climate Investment Funds to advance geothermal exploration and transform its energy sector
24.07.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Anaerobic digestion plants power 1 million+ UK homes

- Capacity reached 730 megawatts in 2017 to date, up 18 percent from last year with annual generation of 10.7 terawatt-hours
05.07.2017 Renewable , Geothermal/Biomass

Carrefour, ENGIE to develop biomethane fuel in France

- As part of partnership, a fleet of 200 Carrefour trucks will be driving on biomethane fuel by late 2017
05.07.2017 Renewable , Geothermal/Biomass

US to fund $4 mln. for six geothermal research projects

-The U.S. Department of Energy (DOE) announced Friday that $4 mln. will be used for six geothermal Deep Direct-Use projects
03.07.2017 Renewable , Geothermal/Biomass

ERBD to finance geothermal exploration in Turkey

- EBRD will support exploratory drilling investments in Turkey's Dikili, in geothermal-rich area in Izmir province
06.06.2017 Renewable , Finance , Geothermal/Biomass , Projects

Izmir to host global geothermal sector on May 22-24

- IGC Turkey - the International Geothermal Congress (IGC) will take place in Izmir between May 22-24, 2017
20.05.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey leads in global geothermal energy development

- Turkey continues to showcase geothermal development and sets the pace for the global geothermal market, ThinkGeoEnergy says\r\n
18.05.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Full potential of biogas yet to be exploited in EU

-Biogas can be flexible and sustainable alternative energy source, but regulatory and technical barriers need to be addressed
20.04.2017 Renewable , Geothermal/Biomass

World Bank to co-host Int. Geothermal Congr. in Turkey

- Turkey increased its geothermal installed power generation capacity to 858 MW as of March 2017
04.04.2017 Renewable , Geothermal/Biomass

E.ON to turn waste to power in Stockholm

- Biogas facility plans to come online in 2018, while combined heat and power plant is set for 2019
09.03.2017 Renewable , Geothermal/Biomass

EU transport sector targets 10% biofuel usage by 2020

- Burning drop-in biofuels leads to considerably lower emissions of soot and aerosol particles, new study shows
20.02.2017 Renewable , Geothermal/Biomass

World Bank supports Indonesia's geothermal power

- World Bank approves $55.25 million grant for development of geothermal power in Indonesia
10.02.2017 Renewable , Geothermal/Biomass

Danish Dong Energy to stop coal use by 2023

- Company to replace coal with sustainable biomass in power stations
02.02.2017 Electricity , Renewable , Coal , Geothermal/Biomass

Bioenergy value in decarbonization outlined in roadmap

- IEA and FAO jointly outline necessary steps to create strategy plan to increase the use of bioenergy
30.01.2017 Renewable , Geothermal/Biomass

Solar energy in Turkey shines out in 2016

- Turkey's solar energy installed capacity grew 230 percent in 2016 compared to previous year, Energy Ministry data shows
15.01.2017 Renewable , Finance , Solar , Geothermal/Biomass , Invesments

Chevron sells geothermal assets in Indonesia, Philippines

- Company sells geothermal facilities to Star Energy Consortium
25.12.2016 Renewable , Geothermal/Biomass

ENGIE sells Polaniec power plant to Enea for €250 mln

- The Polaniec transaction reduces ENGIE’s carbon emissions by 6.2 percent
25.12.2016 Renewable , Finance , Geothermal/Biomass , Invesments

U.K. Green Inv. Bank supports new waste-to-energy plant

- Facility to have 18.8 megawatts capacity and generate enough electricity to power more than 30,000 homes
16.12.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey receives $139.8 mln for geothermal projects

- Development Bank to loan $100 million, Clean Technology Fund to grant $39.8 million to Development Bank of Turkey
30.11.2016 Renewable , Geothermal/Biomass

Engie develops new dry biomass-to-energy technology

- Technical potential of dry biomass in European Union countries is 880,000 gigawatt hours a yearrn
28.11.2016 Renewable , Geothermal/Biomass

Italian EXERGY to support 5 geothermal plants in Turkey

- Company provides turbines, which have received the Made in Turkey certificate, to five different geothermal units in Turkey
17.11.2016 Renewable , Geothermal/Biomass

Turkey privatizes Kilavuzlu and Menzelet hydro plants

- Akorenbeli Hydroelectricity Investment Construction and Transmission AS wins privatization tender for two plants
04.11.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Green Invest. Bank commits £28 mln. for biomass plant

- Construction to conclude in 2019 when plant will generate 94 gigawatt hours of electricity annually
07.10.2016 Renewable , Geothermal/Biomass

Waste can meet 3% of Turkey's power needs by 2020

- Waste to energy use in Turkey in four year's time is possible through correct technology use
26.09.2016 Renewable , Geothermal/Biomass

Turkey seeks $290 mln. funding for geothermal projects

- Funding is set to be used for early development of geothermal projects in Turkey, World Bank announces
23.08.2016 Renewable , Finance , Geothermal/Biomass , Projects

EXERGY aims for extra 200MW geothermal by 2017 in Turkey

- Turkish geothermal potential is one of the greatest in the world, says Deputy General Manager of EXERGY's Turkey subsidiary
12.08.2016 Renewable , Geothermal/Biomass

Global energy sector can solve air pollution problem

-Energy sector although is root cause of air pollution with fossil fuels, can also provide solution through clean energy: IEA
28.06.2016 Renewable , Solar , Geothermal/Biomass , Energy Diplomacy , International Organization

Izmir hosts the Int. Geothermal Congress

More than 200 leading Turkish and international geothermal experts attended IGC Turkey 2016 in Izmir
26.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey to reach geothermal energy target by 2018

Turkey likely to reach geothermal sector's 1,000 MW target by 2018, ahead of 2023, say EBRD officials
11.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey is hottest geothermal market in world: EBRD

- Turkey is currently hottest geothermal market in the world, says MD of European Bank for Reconstruction and Development
06.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Build of N. Ireland’s largest waste energy plant begins

- The plant, due for completion in 2017, has capacity to generate enough power for 14,500 homes
22.03.2016 Renewable , Geothermal/Biomass

North American countries sign first-ever climate accord

- Agreement represents ‘bold vision for our continent’ says Canadian minister
13.02.2016 Renewable , Solar , Hydro , Geothermal/Biomass

Renewable energy investments in Turkey set to grow

- Boom seen in renewables with growing number of banks and financial institutions choosing to finance sector
28.01.2016 Renewable , Finance , Solar , Geothermal/Biomass , Invesments

Turkey to avail of EBRD's $125 M. for geothermal projs.

- The European Bank for Reconstruction and Development has developed PLUTO, a framework to further finance geothermal projects
25.01.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey’s geothermal sector seeks incentives hike

- With increase in incentives, more investors will be encouraged to enter sector, Geothermal Association of Turkey head says
14.01.2016 Renewable , Geothermal/Biomass

Biomass provides independence from fossil fuels

- Biomass use in Turkey should be increased, it provides independence from fossil fuels with its energy storage capability
05.01.2016 Renewable , Geothermal/Biomass

Global Geothermal Alliance launches in Paris COP21

- Coalition of 38 countries and over 20 development and industry partners launches Global Geothermal Alliance at COP21
09.12.2015 Renewable , Geothermal/Biomass

Turkey to build bioenergy plant in Uganda

-Turkey plans bioenergy plant for electricity generation in Uganda, Turkish Science, Industry and Technology Minister says
27.11.2015 Renewable , Geothermal/Biomass

Indonesia to raise geothermal electricity generation

- Current 1.3 GW geothermal capacity is aimed to reach 5 GW by 2020
20.10.2015 Renewable , Finance , Geothermal/Biomass , Projects

Carbon report envisions 20pct cut in Turkey's emissions

- New research says long-term 'green' policies will pay off after initial economic pain
07.10.2015 Renewable , Solar , Geothermal/Biomass

Renewables to meet 22% of Africa's energy demand by 2030

- Renewables could meet 22 percent of Africa's demand by 2030 - a rise of 17 percent from 2013, according to IRENA report
05.10.2015 Renewable , Geothermal/Biomass , Energy Diplomacy , International Organization

Istanbul produces energy from 14,000 tonnes of waste

09.09.2015 Renewable , Geothermal/Biomass

EBRD invests in waste managment plant in Baltics

- European Bank for Reconstruction and Development invests in construction of Baltic's waste management plant
24.08.2015 Renewable , Geothermal/Biomass

Scotland to improve poor homes with efficiency fund

- Scottish government to fund poor households in bid to make heating cheaper and homes more energy efficient
21.08.2015 Renewable , Finance , Geothermal/Biomass , Projects

Turcas to start power production from geothermal by 2017

- The company invested $65 million in a geotermal power plant in Aydin, says CEO of Turcas.
26.07.2015 Renewable , Geothermal/Biomass

Turkey to boost energy prod. from domestic waste: Yildiz

- Generating electricity from organic waste would lower Turkey's oil and gas import costs, Energy Minister Yildiz says
11.07.2015 Renewable , Finance , Geothermal/Biomass , Invesments

Scottish eco-schools to receive £440,000 in funding

07.07.2015 Renewable , Geothermal/Biomass

Construction starts on Scotland's green energy center

- St Andrews University will avail of state-of-the-art biomass facility, using only wood from sustainable local sources
07.07.2015 Renewable , Geothermal/Biomass

National Trust to invest £30 million in UK renewables

06.07.2015 Renewable , Hydro , Geothermal/Biomass

EBRD co-finances Turkey’s largest geothermal power plant

29.06.2015 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey steps up electricity generation from waste

-The biomass plants in Istanbul provide power for 126,000 families annually
28.06.2015 Renewable , Geothermal/Biomass

Turkey's largest biomass plant receives pre-licensing

- Country's largest biomass project is part of Mutlular Enerji's $100 million investment in energy
25.06.2015 Renewable , Geothermal/Biomass

Zorlu Enerji gets prelim. license for geothermal project

- The company received preliminary license for its 24.9 megawatt Kizildere 4 geothermal project
22.06.2015 Renewable , Geothermal/Biomass , Regulation , Renewable

Turkey's renewable consumption increases

- Turkey more than quadrupled its renewable energy consumption in the last five years
13.06.2015 Renewable , Wind , Solar , Geothermal/Biomass

Ireland to construct country's largest biomass plant

-Construction on Ireland's largest biomass plant will begin later in month, announced country's chief
08.06.2015 Renewable , Geothermal/Biomass

Turkey launches power plants worth $1 bln in a week

- In one week, Turkey launcehd $1 billion worth of power plants, said the Energy and natural Resources Minister, Friday.
22.05.2015 Renewable , Geothermal/Biomass

Renewable energy employs 7.7 Million People: IRENA Report

20.05.2015 Renewable , Wind , Solar , Geothermal/Biomass

Turkish student built solar powered electric bicycle

- Turkish university student built solar powered electric bicycle with US$ 400 in 6 months
17.05.2015 Renewable , Solar , Geothermal/Biomass
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