Turkey has major energy market for investors

Turkey is emerging as a an major electricity market with growth potential for strategic and financial investors.

Turkey has major energy market for investors

Turkey is emerging as a an major electricity market with growth potential for strategic and financial investors.

Turkey has the fastest growing energy sector among the Central and Eastern Europe, Middle East and Africa regions.

Population growth, urbanization, industrialization and economic growth all show the electricity demand may rise faster than the real GDP.

The electric consumption per capita in Turkey -- which is Europe's 6th largest Electric producer-- is low compared to other Western European companies.

As the share of Turkish private sector in the electric sector rises, investor interest in electricity privatization rise.

As investors showed great interest in electricity grid privatization, the Government raised $16 billion in these tenders. The privatization tenders are promising to fuel the growth of the energy sector, analysts say.

Electricity demand in 2009 totalled 194 billion KWh in Turkey. The energy consumption per capita was 2.293 KWh in 2009, way below Germany (7.091 KWh), Spain (6.195 KWh), England (6.114 KWh), Italy (5.699 KWh) and Greece (5.374 KWh), showed International Energy agency figures.


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Last Mod: 28 Aralık 2010, 14:33
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