National Energy Efficiency Action Plan 2017-2023
The action plan for the period of 2017-2023, is aimed to reduce the primary energy consumption of Turkey by 14% by 2023 through 55 actions defined in 6 categories namely: buildings and services; energy; transport; industry and technology; agriculture; and cross-cutting (horizontal) areas. It is also projected to achieve savings 23.9 mtoe cumulatively by 2023, for which 10.9 billion USD of investment will be made. The cumulative savings by 2033 will be 30.2 billion USD at 2017 prices, where the effect of certain savings will continue through 2040. The average payback period for actions is 7 years. It is calculated that a total of 4.149 million USD was invested in energy efficiency in the 2017-2019 period, and 2,744 ktoe energy saving has achieved, which is 960 million USD monetary equivalent.
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