Map 1: Where is Turkey on the World Map 17
Map 2: Major Transport Corridors Passing Through Turkey 18
Map 3: Turkey Regions 19
Map 4: Turkey Electricity Grids Network 46
Map 5: Solar Resource Map of Turkey 55
Map 6: Solar Irradiation and Solar Electricity Potential for Optimally Inclined Photovoltaic Modules in Turkey 57
Map 7: Hydro Power Plants of EUAS 116
Map 8: Thermal Power Plants of EUAS 116
Map 9: Districts Covered by TEDAS and DSO’s 117
Map 10: Solar Irradiation and Solar Electricity Potential for Horizontally Mounted Photovoltaic Modules in Turkey 126
Map 11: Solar Irradiation and Solar Electricity Potential for Horizontally Mounted Photovoltaic Modules in Turkey 126
Map 12: Solar Irradiation and Solar Electricity Potential for Optimally Inclined Photovoltaic Modules in Europe 127
Chart 1: Real GDP Growth for the Period 2008 ÷ 2028 (including forecast) 25
Chart 2: Turkish GDP Growth Compared to EU-27 for the Period 2008 ÷ 2028 (including forecast) 26
Chart 3: Corporate Tax Income in Selected Central-East Europe (CEE) and South-East Europe (SEE) Countries 27
Chart 4: Physical Energy Flows Values in GW in Central-East Europe (CEE) and South-East Europe (SEE) in 2019 30
Chart 5: Breakdown of Electricity Production by Source Type in the EU-28 in 2019 (in %) 32
Chart 6: Share of Renewables in Electricity Generation in Selected Central-East Europe (CEE) and South-East Europe (SEE) Countries, 2019 (in %) 32
Chart 7: Average Base Load Electricity Price in Selected European Countries (€/MWh): 2009 – 2019, Renewable Market WatchTM 33
Chart 8: Forecast for RES Generation Capacity by Source Type in the EU to 2020 and 2030 (in GW) 34
Chart 9: New Installed and Decommissioned Power Capacity by Source Type in the EU in 2019 (MW) 35
Chart 10: Age of Power Plants in Europe in 2019 36
Chart 11: Share of New Power Generation Capacities Added in the EU 28 in 2019 (MW) 38
Chart 12: Annual Installed Power Generating Capacity (MW) and Renewable Share (in %) 2000 – 2019 in the EU 38
Chart 13: Net Installed and Decommissioned Power Generation Capacity in the EU 28 for 2019 (GW) 39
Chart 14: Number of Filled Patents for Solar PV Technologies in CEE & SEE Countries 2006 – 2019 44
Chart 15: Cumulative Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Central-East Europe (CEE) and South-East Europe (SEE) 2008 ÷ 2028, including forecast; Renewable Market WatchTM 45
Chart 16: Cumulative Revenue of Photovoltaic (Solar PV) Power Plants (in Millions USD) in Central-East Europe (CEE) and South-East Europe (SEE) 2008 ÷ 2028, including forecast; Renewable Market WatchTM 46
Chart 17: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants (in MW) in Central-East Europe (CEE) and South-East Europe (SEE) 2008 ÷ 2028, including forecast; Renewable Market WatchTM 47
Chart 19: Existing and Planned High Voltage Interconnection Power Lines of Turkey with Neighbor Countries 49
Chart 20: Historical Structure of Power Market in Turkey from 1983 to 2019 50
Chart 21: Share of RES electricity from Total Installed Power Capacity in Turkey in 2019 52
Chart 22: Turkey Total Annual Electricity Consumption (in TWh) 2000 ÷ 2019 53
Chart 23: Turkey Power Generation Capacity Breakdown by Source (Fuel) Type in 2019 53
Chart 24: Electricity Imports and Exports in Turkey 2008 ÷ 2028 (in TWh) including forecast 54
Chart 25: Turkish Targets for Renewable Energy Sources by 2023 (in %) set by the State Planning Organization 57
Chart 26: Cumulative Installed Capacity of Photovoltaic (Solar PV) Power Plants in Turkey (in MW) 2008 ÷ 2028, including forecast 72
Chart 27: Cumulative Revenue of Photovoltaic (Solar PV) Power Plants in Turkey (in Millions USD) 2008 ÷ 2028, including forecast 72
Chart 28: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants in Turkey (in MW) 2008 ÷ 2028, including forecast 73
Chart 30: Market Prices for Licensed Photovoltaic (Solar PV) Projects in Turkey for 2019 ÷ 2028 in Development, Ready to Build and Operational (Grid Connected) Condition 74
Chart 31: Levelized Cost of Energy (LCOE) for Photovoltaic (Solar PV) Power in Turkey 75
Chart 32: TURSEFF Structure 87
Chart 33: Cumulative Cash Flows and Break-Even Point of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Turkey 93
Chart 34: Photovoltaic (Solar PV) System Price Evolution (€/Wp) 1990 ÷ 2019 95
Chart 35: Market Shares by Sales of the Major Electricity Distribution Companies in Turkey in 2019 117
Table 1: Electricity Prices for Business and Households 55
Table 2: Support Schemes for RES Generation in the EU Countries and Turkey 59
Table 3: Regional Distribution of Solar Energy Potential of Turkey 61
Table 4: Market Prices for Unlicensed Photovoltaic (Solar PV) Projects in Turkey for 2019 ÷ 2028 in Development, Ready to Build and Operational (Grid Connected) Condition 74
Table 5: Key Cost Structure Elements of Photovoltaic (Solar PV) Power Plant in Turkey 74
Table 6: Database with Major Operational, Under Construction and Planned Photovoltaic (Solar PV) Projects in Turkey 77
Table 7: Key Financial Parameters of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Turkey 91
Table 8: Key Financial Viability Indicators of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Turkey (IRR, NPV, Payback, Benefit-Cost) 92
Table 9: Project Costs and Savings (Income) Summary of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Turkey 92
Table 10: Yearly Cash Flows of 5 MW Photovoltaic (Solar PV) Power Plant Investment in Turkey (Pre-tax, After-tax, Cumulative) 93
Table 11: Crystalline Module Price Trend in 2019 96
Table 12: Feed-in-tariffs for Electricity from Renewable Energy Sources (RES) in Turkey 110
Table 13: Additional Incentives to Feed-in-tariffs for Electricity from Photovoltaic (Solar PV) sources in Turkey for Domestic (Local) Procurement Elements 113
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