Minister of Energy and Natural Resources of Turkey Fatih Dönmez announced a special electricity tariff that will be rolled out in August for consumers.
The government will issue certificates for those opting for the green or renewable tariff, called YETA.
Minister added that the information regarding the same will be published later. He also explained that the system is both for households and businesses. He expects costs to be somewhat high in the early stage but that they would follow the decrease in investment costs.
Dönmez also highlighted the effects of subsidies and other support. He also warned that the renewables-only tariff will be higher.
He stated that Turkey intends to commission at least 1 GW in renewables – solar and wind power systems, every year.
The Energy Market Regulatory Authority (EMRA) has prepared regulations for the certificates of origin for public consultation, named YEK-G to make consumers aware of the source of the electricity they are planning to buy..
Turkey would hold tenders for 74 solar power projects in 36 provinces from October 19 to 23. The capacity is divided into 10 MW, 15 MW and 20 MW, the minister added .
To be eligible to participate in this tender bidder must be a firm. Scope of work for successful bidders include 15-year contracts for the delivery of electricity. The ceiling price has been set to EUR 38.72 per MWh.