Minister Bayraktar's emphasis on electrification: Türkiye's National Energy 2040 vision is announced: 70 percent target in renewable energy!

'THERE IS ELECTRIFICATION IN THE CENTER'

Minister Bayraktar said, "In line with the vision of the 'Turkey Century', we are working with the goal of 'Fully Independent Turkey in Energy'. Our goal of full independence in energy requires us to transform the entire system together, from production to transmission, from distribution to consumption."

Stating that they put electrification at the center of the National Energy 2040 vision, Minister Bayraktar said, "The demand for electricity is increasing in our country as well as all over the world. In this context, electrification will be at the center of our new energy architecture. We are entering a new era in which the use of electricity will increase in all areas of our economy, from industry to transportation, from buildings to agriculture. We will increase electrification in every field."

Pointing out that with the increase in electrification and the transformation of energy markets, the infrastructure in this field will need to be strengthened, Minister Bayraktar said, "With National Energy 2040, we foresee billions of dollars of investment in electricity production and infrastructure."

70 PERCENT TARGET IN RENEWABLE ENERGY

Emphasizing that renewable energy will have an important place in the National Energy 2040 vision, Minister Bayraktar said, "Renewable energy contributes to our security of supply while reducing our dependence on foreign sources as a domestic resource. In addition, it fully coincides with our 2053 net zero emission target. In this respect, we have very big targets in the field of renewable energy. By 2040, Turkey will provide approximately 70 percent of its energy from renewable energy sources."

Reminding that COP31, the world's largest climate summit, will be held in Antalya on November 9-20, Minister Bayraktar said, "We will share the ambitious targets that we will announce at the launch with our interlocutors in Antalya. We will explain the more resilient, more flexible and safer energy system we will establish. In addition, we will emphasize the importance of connectivity on a regional and global scale."