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|Istanbul will host the 4th Annual Wind Power Turkey Congress in October 2012.|
|(cc) Clive Darr|
On October 16th and 17th, Istanbul will host up to 500 international renewable experts at the 4th Annual Wind Power Turkey Congress keen to discover how they can leverage the huge, untapped opportunities that the Turkish renewables market offers.
With a 10 GW wind target, the Turkish government is increasing its commitment to renewables with the launch of intra-day market tests at the end of September which, if successful, will help intermittent power suppliers to balance their output when it launches fully in 2013. This is a huge step towards entrenching renewables as a viable portion of Turkey’s power mix, and a move away from the volatile fossil fuel markets and towards a sustainable energy matrix.
Just ten years ahead of its 100th anniversary as a republic and 2023 renewables target, 2013 will see the Turkish renewable sector ramp up with new wind, solar, and geothermal installations. The market already benefits from a feed-in tariff which, while small in comparison to some, is looking healthier as some European countries abandon theirs. Additionally, it could be offset by the lower operating costs Turkey offers. There is also the offer of a bonus for companies that can manufacture locally and, as the country’s GDP continues to grow on exports, the government is looking for new ways to support strong local industries and foreign direct investment.
Turkey enjoys the second most abundant wind resource in Europe. Despite the on-going economic pain Europe in general is suffering, the country is also Europe’s sixth largest energy market with huge untapped opportunities. Turkey’s proven wind installations, a commitment from EBRD next year of a further €1 billion towards renewables, and on-going government support is thus motivating the international renewables community to meet to take a fresh look at the growth opportunities that the Turkish market will offer to their companies and shareholders.
Held concurrently with the Wind Power Congress, the 5th Annual Turkish International Renewable Energy Congress (TIREC), is the most prestigious annual Turkish renewables event. With up to 500 board and director level attendees and active buyers in the market, this is the event where business deals are made. Set to the back-drop of a fantastic, interactive programme providing the opportunity to hear from senior government officials, investors, developers, and utilities, it also delivers unprecedented flexibility to move between three forward-thinking streams: Wind Power Turkey, Solar Power Turkey, and GeoPower Turkey.
Contact Green Power Conferences to secure attendance at this prestigious event along with its awards ceremony and networking drinks reception.
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