Turkish Electricity Market Threatens to Collapse

EnergyOil & Gas ♦ Published: January 13, 2011; 00:05 ♦ (Vindobona)

The increasing energy demand in Turkey is facing a lack of infrastructure. Austrian Verbund will expand its investments.

Turkish Electricity Market Threatens to Collapse / Picture: © Vindobona.org

Electricity consumption in Turkey is increasing every year between 5% and 7.5%. The Turkish agency Anadolu predicts that electricity demand will not be covered by 2016 unless additional capacity is created. By 2019 the shortfall would even amount to 37% of the demand. Turkey is heavily dependent on energy imports already now. The planned construction of nuclear power plants has not been…