Government procurement price of industrial energy storage in Turkey

How much does a large scale PV project cost in Turkey?

Through the procurement exercise, which is the fifth of the Yeka series, the Turkish authorities want to select 76 large scale PV projects with capacities ranging from 10 to 30 MW across three 23 cities. The ministry has set a ceiling price of TRY0. 40/kWh ($0.045). Applications will be received on January 12.

Why are new market opportunities rising in Turkey?

Driven by the before mentioned background, new market opportunities are rising in Turkey due to changes in the regulatory framework of renewable energy. The new rules will allow storage facilities to operate in combination with unlicensed power plants.

How is the regulatory framework adapted for energy storage applications?

In conclusion, the regulatory framework of the energy sector is being adapted further to accommodate energy storage applications that enable the management and addition of new renewable energy capacity, while mitigating grid capacity constraints.

When will EMRA start certifying energy storage projects?

Mustafa Yilmaz, President of the Energy Market Regulatory Authority (EMRA). The government will start verifying the first energy storage projects in the middle of 2023.

Will the government levy tariffs on LFP batteries?

At the same time, Tokcan said that perhaps equally, or of even more immediate relevance to the market’s early stage development is the government’s recent announcement that it will levy duties onto imported LFP battery products. The 30% tariffs will apply to not only cells, but also battery modules and complete systems.