The energy storage industry aims to reach 5 gigawatt hours of capacity next year

Speaking at the press conference where the agenda and investment expectations of the storage sector were evaluated, Bayram stated that they brought together manufacturers, investors and companies serving the sector.

Bayram stated that the association was established to support the production of energy storage systems with domestic resources in Türkiye and to provide suggestions to public institutions on this subject.

Pointing out the importance of renewable energy in reducing fossil fuel imports, Bayram said:

"In the energy world, from consumers to producers, from large energy investors to small energy investors, everyone has energy storage systems in mind. As soon as we do not store energy, we can no longer use renewable energy resources efficiently. The renewable energy resources that we want to use efficiently are also very valuable for our country. Because without renewable energy resources, we need fossil fuels. Fossil fuels are also an import item for us."

Bayram pointed out that with the commissioning of the first facilities, the revenue models they have been talking about for years have also found a response in the field, and stated that this has increased the desire of banks and financial institutions to finance storage investments.

Stating that raising the target they set for next year and accelerating investments will be possible with cost-effective financing, Bayram said, "We achieved our target of 1 gigawatt hour this year. Our target for next year is 5 gigawatt hours. There is a chance to raise the target even higher and accelerate the process. This will happen with cheaper financing entering Türkiye." he said.

Bayram stated that they explained to financial institutions that storage is an investment that can generate income and can be financed, and said, "Even if you remove the sun or wind from it, even if you build a self-contained storage, this self-contained storage can pay itself back. This is accepted by the international financial circles and can be financed." made his assessment.

The sector will discuss financing models in Ankara

Stating that the association will organize the 3rd Future of Energy and Storage Congress in Ankara on December 8, Bayram stated that one of the main topics of the event will be revenue models.

Bayram emphasized that proving these models in the field will contribute to reducing financing costs and paving the way for new investments.

Explaining that the increasing use of electric vehicles and the increasing number of data centers serving artificial intelligence applications have increased the demand for electricity, Bayram stated that on-site production and consumption have gained importance in this context.

Bayram underlined that software and control systems are needed in addition to storage in order for different energy sources to work together efficiently and said, "If we decentralize the production and have a software and control system that can control it regionally, then our need for lines decreases and we provide efficiency gains." he said.

Stating that storage systems are also important for balancing the network and supply security, Bayram said that manufacturers in Türkiye have commissioned their factories and new investments are continuing.

Regarding domestic production opportunities, Bayram said, "All equipment other than the cell can currently be produced in Türkiye. Including software." he said.

Access to finance comes to the fore in projects

Speaking at the meeting, EDEDER Vice President Ramazan Kaya stated that 33 thousand 500 megawatts of capacity was allocated for storage projects in Türkiye.

Kaya noted that storage has become an integral part of solar and wind power plants, and that new storage investments are expected to receive a larger share of green financing.

Stating that production and export opportunities have improved in areas such as software, battery packaging and inverters, Kaya said that they met with the Ministry of Commerce to increase exports and expand the production structure in the sector.

Kaya stated that they want to make Türkiye the battery of the region and to develop storage systems exports.