Turkey's energy regulations are ahead of most countries in the world, said chairman of Natural Gas Distribution Companies Association, GAZBIR of Turkey on Thursday.
'The new and different regulations that the country makes should be a model for other countries to implement in their energy regulations,' Yasar Aslan shared his thoughts at the sixth World Forum on Energy Regulation, WFER, in Istanbul.
The Turkish government gives guarantees to pay higher prices for electricity generated from renewable power plants in Turkey which in turn reduces the amount of energy imports.
Turkey currently has 40,000 megawatts of installed capacity in solar and 36,000 megawatts in wind power.
Turkey aims to supply 30 percent of its total energy demand from renewable energy. The country vows to increase its installed capacity for wind power plants to 20,000 megawatts by 2023.
By Huseyin Erdogan