Turkiye steps up clean energy push

Türkiye is intensifying its efforts to expand clean energy production, with the goal of sourcing around 70% of its energy from renewable resources by 2040, stated Energy and Natural Resources Minister Alparslan Bayraktar on Tuesday. Renewable energy is a key component of Türkiye's energy strategy, said Bayraktar during a ceremony signaling the commencement of Ankara University's 2026-2027 academic year.

"In addition to solar and wind, hydropower and geothermal resources must be developed in an environmentally responsible manner," he emphasized. The minister described the target as "very important and ambitious." "Investments in renewable energy are crucial for enhancing energy security, diminishing reliance on foreign supplies, and advancing climate objectives," he explained.

Türkiye also recognizes the need to embrace a diverse range of energy sources to accommodate increasing demand, said Bayraktar. He further disclosed that the nation aims to allocate $20 billion towards energy efficiency enhancements between 2024 and 2030. "The country must address three pivotal questions in the energy sector," Bayraktar added: fulfilling escalating energy requirements, curbing dependency on foreign energy sources, and attaining climate targets.