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In terms of forecast investment, Turkey is the fourth-largest electricity market in the world behind China, India and Brazil. Between 1970 and 1997 primary energy production nearly doubled but consumption quadrupled. According to Citibank the government plans to add 40,000MW of capacity by 2010, of which at least 25% will be generated in gas-powered plants. Traditionally, energy investments in Turkey, like all infrastructure projects, have been a state monopoly. Since 1984 the country has been in the throes of opening up infrastructure investments to foreign and domestic private investors. |
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