Turkey presented a $500 billion energy plan - with no deadline for coal withdrawal.
On the eve of the climate summit in Antalya, the Turkish Minister of Energy presented a national energy plan until 2040, which will require up to 500 billion dollars. According to the minister, the state expects to replace coal-fired thermal power plants with nuclear power generation. But whether Turkey will be able to introduce enough capacity for this by 2040 will become clear in five years.
There was no specific date for the coal shutdown. According to the minister, the country needs coal for a reliable energy supply, and currently it provides 30-40 thousand jobs.
Last year, coal accounted for 34.1% of Turkey's electricity generation. Of the 120.9 TWh produced by coal-fired power plants, 76.6 TWh came from plants that operated on imported coal.
According to GEM, at the end of June the installed capacity of the existing coal-fired power plants in Turkey was 20.5 GW.