Turkey's energy demand is growing rapidly, reaching 220 mtoe by 2020. Primary energy production meets only 28% of total demand. Turkey heavily depends on imported energy resources. GHG emissions increased 115% in last decade
Russia-Turkey pipeline (West Line) started in 1987, reaching Ankara in 1988. Eastern Anatolian pipeline supplied 10 billion m³/year from Iran in 2001. Baku-Tbilisi-Erzurum pipeline (BTE) started in 2007, expanding to TANAP in 2018
Turkey underwent major energy market transformation between 2002-2017. Government focused on regulation and market reforms. Power market attracted over 60 billion dollars in investment. Total installed capacity grew from 30 GW to 88 GW. Independent Power Producers increased from 25% to over 75%
Turkey's energy demand is growing rapidly, reaching 242 TWh in 2012. Domestic energy production increased only 26% while imports grew 182%. Turkey imports 90% of its energy due to limited domestic reserves
Non-renewable energy refers to resources that don't regenerate quickly. Fossil fuels include natural gas, oil, and coal formed from ancient remains. Nuclear power uses uranium, thorium, and plutonium for electricity generation
JCR Eurasia Rating affirmed 'AA+ (tr)' long-term national rating with 'Stable' outlook. International ratings remain 'BB/Stable' in both foreign and local currencies. Company's short-term national rating is 'J1+ (tr)'