TÜREB President Erden: 2027 will be the year of investment in wind

At the press conference held by TÜREB in Istanbul, Türkiye's wind energy targets, the investment agenda of the sector and the preparations for the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31) were discussed.

In his speech here, Erden stated that Türkiye ranked second in Europe with new wind energy installations exceeding 2 thousand megawatts last year, and that the total mechanical installed power of wind power plants in operation exceeded 16 thousand megawatts.

Recalling Türkiye's target of a total installed power of 120 thousand megawatts in wind and solar energy in 2035, Erden pointed out the importance of the network, permitting processes and financing in realizing wind energy investments in line with this target.

Stating that Türkiye has a project stock of approximately 25 thousand megawatts in onshore wind energy, Erden said, "We have completed the development process in many projects. We are moving on to the investment process. We can already say that the development process has progressed greatly by 2026. As of 2027, Turkey is moving into the investment process for wind. Therefore, how this big wave will be financed next year will be our main topic." he said.

The first 1000 megawatt tender in offshore wind is expected next year

Stating that the Ministry of Energy and Natural Resources continues its work on offshore wind energy and that they expect the process to start after the tender specifications are published, Erden said, "We foresee a period of 6 months after the Minister pushes the button. We expect the tender to be realized at the end of the first quarter of next year or at the beginning of the second quarter of 1000 megawatts, one of the 4 candidate fields." he said.

TÜREB Vice President for Offshore Wind Energy Ufuk Yaman also said regarding the tender specifications for offshore wind energy projects: "They will probably announce the final version of the specification during the COP31 period. This final version actually includes some of the changes that foreign investors are expecting." made his assessment.

Yaman stated that they expect foreign investor interest in this field to increase with the international visibility that COP31 will provide and the improvements made in the specifications, and said, "Even if there is no foreign investor interest, our domestic project developers will enter into the tender of these projects and show their will to develop them up to a certain stage." he said.

TÜREB will organize a total of 8 sessions and events over 5 days in cooperation with the Global Wind Energy Council (GWEC) within the scope of COP31, which will be held in Antalya on 9-20 November, hosted by Türkiye. The Ministers and Investors Meeting, which is planned to be held on November 9 under the auspices of the Ministry of Energy and Natural Resources with the participation of ministers and 250 guests from more than 10 countries, is expected to be one of the prominent events in terms of international cooperation.