23.07.2013 – 11:15
The Turkish energy market - attractive for international companies
Turkey has developed into one of the fastest-growing energy markets and is rapidly establishing a competitive market structure. According to estimates by the Turkish Electricity Transmission Company, the demand for electricity in Turkey will increase by six per cent per year between 2009 and 2023. The total level of investment required to cover the energy demand in Turkey up to 2023 has been estimated at around 130 billion US dollars (www.invest.gov.tr, 5.7.2013.). The planned energy stock exchange EPIAS underlines the importance of Turkey as an energy hub: "The establishment of a Turkish energy stock exchange is decisively important for the liberalisation and growth of the electricity market," explained Metin Kilci, Undersecretary, Ministry of Energy and Natural Resources, on the occasion of the agreement between the European Energy Exchange (EEX) and the Turkish network provider Teias. The establishment of the energy stock exchange EPIAS - planned for the end of 2014 - offers numerous investment opportunities in Turkey. It will require management and IT solutions, for example, in the areas of energy portfolio optimisation, data procurement and evaluation or the forecasting and modelling of processes. As a result of its advancing liberalisation, the Turkish energy market is also becoming increasingly interesting for international investors.
The "All Energy Turkey" (AET) congress trade fair (11 and 12 September 2013, Istanbul) will focus on topics dealing with the energy market and energy trade. Alongside trade, marketing and sales, the accompanying workshops at the trade fair will cover themes such as the legal framework in the energy sector, risk and portfolio management, market regulation, prices and the design of the market for the wholesale trade in energy. In addition, "All Energy Turkey" will focus on the fundamentals of energy trade, the role of Turkey as an energy hub between Europe and the Middle East, the establishment of EPIAS, the interaction between regional energy providers and their service providers, and the advancing privatisation process in the electricity and gas sectors. Read more: http://bit.ly/1dPc63a
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