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Business Delegation to Turkey
29.10.10Turkey has vast hydropower resources and the Turkish Hydropower Market provides huge opportunities for investors and suppliers.
INTPOW and Innovation Norway gave Norwegian hydropower industry the opportunity to explore this new market at their seminar in Istanbul on October 14.
Adana ? Çak?t
Statkraft had their official opening of the Cakit Hydropower plant just outside the town of Adana in the SouthEast corner of Turkey on 12. October. The 20MW plant is the first of a series of planned Statkraft projects in Turkey and the Statkraft administration was represented by both Mr. Svein Aaser (Chairman of the Board) and Mr. Christian Rynning-Tønnesen (CEO). The Turkish Energy minister, Mr. Taner Yildiz welcomed Statkraft to Turkey and expressed a wish that Statkraft would expand in parallel with Turkey?s increasing energy demand.
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The Hydropower seminar
Innovation Norway and INTPOW invited the Norwegian delegation and relevant Turkish hydropower companies to a seminar in Istanbul. The main topics of the seminar were:Privatisation of the electricity industry in Turkey and the investment climate.
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The Turkish electricity sector is moving towards a fully deregulated market, manly because of their process towards EU-membership. The state owned electricity company EUAS owns 67% of the installed hydropower generation capacity in Turkey, but the process of privatization of the assets is well underway.
Private actors in the Turkish market
At the seminar, the companies Finntürker, Zorlu Enerji and Hidrocontrol, all active in the hydropower sector, presented themselves in addition to being available for bilateral discussions.
What do the Norwegian companies want?
From the Norwegian side the energy companies BKK, Agder Energi and Statkraft were present. Turkey is a new market for BKK and Agder Energy and they joined the delegation to learn more about the Turkish market and to find possible partners.
Logon to our website and dowload the presentations here
INTPOW has commissioned the report: ?Hydropower in Turkey: Potential and Market Assessment? from Econ Pöiry.
The executive summary is available here
The complete report is available for INTPOW partners only at intpow.com
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