The International Energy Agency will host a webinar for the launch of its publication Energy Policies of IEA Countries: Turkey 2021, on Thursday, 11 March, at 10:00 AM CEST, with Deputy Minister H.E. Dr. Alparslan Bayraktar, Ministry of Energy and Natural Resources of Turkey and Dr. Fatih Birol, Executive Director of the International Energy Agency.
The guiding principles of Turkish energy policy continue to be market reform and energy security. Rapid economic and population growth in the past two decades have not only driven strong growth in energy demand but also an associated increase in import dependency. In response, Turkey has prioritised boosting domestic energy production, diversifying its supply sources and associated infrastructure, and reducing energy consumption through increased energy efficiency.
Notwithstanding many positive changes Turkey has made toward liberalising its energy markets and diversifying its energy sources, the government should ensure that its policies do not impede the economic efficiency of markets and the country’s longer-term decarbonisation efforts. In this report, the IEA provides Turkey with recommendations to further bolster its energy security and navigate its future energy challenges and opportunities in the most cost-efficient and sustainable way.