Changes to the Electricity Law to Foster Growth in Turkey

Turkey is taking the necessary legislative steps to enhance its investment environment, ensure the security of its energy supply, promptly integrate domestic and renewable resources into its energy system, and eliminate bureaucratic challenges for energy market investors.

Turkey has experienced increased consumption, economic expansion, positive demographic trends, and a rapid pace of urbanization and industrialization in recent years. The combination of these factors has resulted in a swift increase in energy demand (estimated to rise around 6 percent annually until 2023)[1] and has contributed to making Turkey one of the fastest growing energy markets in the world.