Alexey Grivach of Russia’s NESF on Turkey and Russia’s ongoing gas negotiations: “Hybrid indexation with crude and gas spot prices seems to be the balanced solution for both producer and supplier” Alexey Grivach is the Deputy General Director of Gas Projects at Russia’s National Energy Security Fund (NESF). He sat down for an exclusive interview...
Turkey’s transmission system operator BOTAS increased its gas-transmission tariffs by 24.22% for the 2022 gas year. The transmission tariff, including entry-exit capacity fee and transmission service charge, increased to 81.88 TL/kcsm from 65.92 TL/kcsm. The transmission tariffs were increased 3.2% for 2021 in late 2020. BOTAS also increased the entry-capacity fee by 34.26% and the...
Enerji ve Tabii Kaynaklar Bakanlığı, 2,000 MW kapasiteli YEKA RES – 3 için ihalesi için son teklif verme tarihini 12 Ekim 2021 tarihinden 14 Aralık 2021’e öteledi. YEKA RES-3 ihalesi kapsamında yapılacak yarışmalar, 42 bağlantı bölgesini kapsıyor. Bölgeler, daha çok orta ve doğu Anadolu şehirlerini içerirken, İzmir ve Balıkesir belirlenen bölgeler arasında yer almıyor. Yarışmalar,...
The Ministry of Energy launched the tender process for 1.5 GW of solar-connection capacity under the Renewable Energy Resource Zones (YEKA) scheme. The power will be distributed to 76 points across 23 regions, with allocated capacities varying from 10 MW to 30 MW. Each underbidding will start with a ceiling price of 40 Krs/kWh, which...
Turkey launched the Natural Gas Futures Market (NFM) under the country’s energy exchange, EXIST, on October 1. Turkey’s Energy and Natural Resources Minister, Fatih Donmez, said that the gas futures market would bring Turkey a step closer to its aim of becoming a regional hub, via a video message at the opening ceremony. He noted...
The Ministry of Energy postponed the final application date of the 2-GW wind YEKA auction – three auctions planned from October 12 to December 14. The auctions were to cover 42 connection points in various cities under the renewable energy resource zones (YEKA) scheme. The allocated capacities vary from 20 MW to 90 MW. Each...
The Turkish Ministry of Energy prepared a draft bill incorporation with EMRA that aims to implement significant changes in gas, electricity, and renewable energy laws, particularly the unbundling of state-owned gas company BOTAS. The draft bill is expected to be finalized in October and to be adopted before the end of this year. BOTAS is...
Turkey’s state-owned enterprise BOTAS raised its tariffs by 15% for the industrial and power plants sectors in September. The residential tariff, which had been raised by 12% in July, remained unchanged during August and September. BOTAS surprisingly announced its monthly tariffs in the late afternoon of September 2, and the new tariffs became effective on...
The Ministry of Trade released the Green Deal Action Plan to adopt government policies that align with the climate change policies of the EU’s Green Deal. The action plan covers 32 objectives and 81 actions in nine categories to support Turkey’s transition to a more sustainable, greener economy in line with EU goals. The action...