Turkey's Energy Dilemma: Sticking to Coal or Embracing Renewables? ⚡🔋🇹🇷

As Turkey gears up for COP28, the debate intensifies over its commitment to coal phase-out and embrace renewables. Here's a snapshot:

1. Turkey's Coal Reliance (2022):

Despite global renewable trends, 35% of Turkey's electricity came from thermal power plants.

2. Climate Goals vs. Coal Expansion:

Aiming for net-zero emissions by 2053, Turkey develops new coal-fired plants, defying European norms.

3. The Wright Law:

Renewable costs drop with the Wright Law, but coal remains an outlier.

4. Global Context:

Slow coal departure hampers global efforts to meet the Paris Agreement's 1.5-degree target.

5. Financial Pressures:

International banks shy away from coal funding, with 17 Turkish banks pledging against coal investment since 2018.

6. Renewables in Turkey:

Growing wind energy capacity, but solar energy utilization needs enhancement.

7. Expert Perspectives:

Experts stress the need for a decisive shift to renewables, highlighting a clash with long-term climate goals.

8. Economic Benefits:

Transitioning to renewables can enhance economic resilience and reduce dependence on imported fossil fuels.

9. Potential Savings:

Studies indicate significant cost savings with renewables compared to importing fossil fuels.

10. Challenges and Solutions:

Bureaucratic hurdles and legislative unpredictability impede progress. Solutions include incentivizing rooftop solar installations and easing permit processes for renewable projects.

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