Energy Trading

As of the end of 2024, Turkey’s installed electricity generation capacity reached approximately 116 GWh. During the same period, total electricity consumption nationwide amounted to 346,228 GWh, while electricity generation reached 347,213 GWh.

Of the total installed capacity,

• 62.50% is held by independent power producers,
• 18.60% by public entities (EÜAŞ and its affiliates),
• 2.90% by private model power producers (BO, BOT, TO), and
• 16% by unlicensed producers.

By the end of 2024, 40.67% of Turkey’s installed capacity relied on fossil fuels, while 59.33% came from renewable energy sources.

The total number of power generation facilities in Turkey increased to 33,860 by the end of 2024. This includes:

• 764 hydroelectric plants,
• 869 thermal power plants,
• 365 wind power plants,
• 66 geothermal plants, and
• 31,786 solar power plants.

As in many parts of the world, renewable energy continues to increase its share in Turkey’s installed capacity portfolio. In 2024, renewables accounted for 59.33% of the total installed capacity. In parallel with global trends, solar energy is expected to further expand its share in Turkey’s energy mix in the coming years. In 2024, Turkey’s total installed solar capacity reached 19,873.39 MW.