In Turkey, the support for the energy capacity mechanism tripled to 13 billion Turkish liras in 2024. The funds allocated under the capacity mechanism implemented to ensure electricity supply security and support the sustainability of production plants increased threefold compared to the previous year in 2024, with natural gas plants receiving the largest share of support. According to data from Turkey’s Electricity Transmission Corporation (TEİAŞ), out of the total payment made throughout the year, 8.09 billion liras were allocated to natural gas plants, 4.53 billion liras to domestic coal plants, 218 million liras to imported and domestic natural gas plants, and 157 million liras to imported and local coal plants. Last year, the highest support payment directed towards natural gas plants amounted to 1.21 billion liras in December, while the largest payment for domestic coal plants was 653 million liras in August. In 2023, approximately 4 billion liras were paid nationwide, and this amount increased by 225% last year to reach approximately 13 billion liras. Consequently, the capacity mechanism support tripled during the mentioned period.
Comments are closed