Accordi to Embassy of the Republic of Turkey, Turkey has introduced a number of incentives and regulations to achieve its goal of 80 gigawatt-hours (GWh) of energy storage by 2030, while agreements for the energy sector to set up cell and battery factories have exceeded $1 billion (TL 35 billion) this year, an association head of the Turkish battery industry said on Dec. 23, 2024, according to the Turkish Embassy in Beijing.
Plans to build 80GW of capacity by 2030
As a player in new installed capacity, energy storage systems and their supporting battery industry are attracting increasing investment and attention worldwide. It is reported that Turkey currently has two e-cell production facilities and nearly 100 lithium-ion battery production facilities of various sizes, all of which are in active operation.
Turkey plans to build 80 GWh of capacity by 2030, aiming to become a regional center for battery technology production and investment.
In July 2024, the government announced the “HIT-30” investment program, which provides comprehensive support and incentives for special projects in key high-tech sectors and develops customized solutions for specific needs. Following the announcement of the program, the battery industry gained momentum, with a number of new agreements signed by domestic and foreign companies.
In an interview with Anadolu Agency, Kadeem Usta, Chairman of the Association of Battery Manufacturers and Suppliers (PILDER), assessed the latest developments in the battery industry over the past year.
Usta said that in 2024, significant progress has been made both globally and in the Turkish battery industry. He said, “Globally, steps to integrate renewable energy and recycling have come to the forefront, and in Turkey, HIT-30 incentives and investment programs are the main drivers to support the sector. Within the HIT-30 incentives, significant support has been announced for battery production and energy storage systems, and these incentives have accelerated investments in the sector.”
In addition, he emphasized that six agreements signed by domestic and foreign companies this year will establish new factories in the cities of Ankara, Kocaeli, Istanbul and Izmir with a capacity of up to 5 GWh of cells and batteries.
“The total value of agreements signed this year has exceeded $1 billion. With six new investments in the country, the total number of battery production facilities will increase to 11,” he said. He noted that the legal infrastructure for the operation of battery and energy storage plants is not yet fully developed, and while a draft regulation has been issued, the first approvals are expected in 2025.
Opportunities for Chinese companies
The Turkish electricity market is the 6th largest electricity market in Europe and the 3rd largest electricity spot trading market in Europe, with an ancillary services market established in 2018 and an electricity futures market in 2021. The reform of the electricity market has attracted a large amount of private capital into the power sector, and the introduction of competition mechanisms has prompted power companies to improve the quality of their services and the reliability of their power supply, while promoting the development of renewable energy sources and a significant increase in installed capacity.
Currently, Turkey is pushing forward with wind and PV installations, and the demand for energy storage is increasing.In 2021, Turkey's Energy Market Regulatory Authority (EMRA) liberalized the local energy storage market, allowing energy companies to develop energy storage facilities, including standalone storage, and energy storage projects in conjunction with grid-connected power generation.
Local energy storage projects still need to be approved by the Turkish government to go ahead, and according to PwC, the licensed capacity for energy storage construction in Turkey is 160 GW, for which 2,700 applications have been received. The National Energy Action Plan proposes a battery capacity of 7.5 GW by 2035.
Last January, the Turkish government also announced that it was considering a 30% On the one hand, Chinese enterprises can fully utilize their technical and financial advantages to meet the growing demand for energy storage in Turkey.
On the one hand, Chinese enterprises can fully utilize their technical and financial advantages to meet the growing demand for energy storage in Turkey. On the other hand, through investment and development in Turkey, Chinese companies can lay a solid foundation for the subsequent expansion of Europe, the Middle East, Africa and South Asia and other markets.
For example, subsidiaries of BYD, Hithium, Ganfeng Lithium, and EVE Energy have set sail for Turkey. In addition, there are many Chinese companies actively layout in the Turkish energy storage market, injecting a strong impetus for the development of Turkey's energy storage industry.
Source：https://mp.weixin.qq.com/s/wRMOlvBqi6KN7MaWVUAX9w