Energy Market Regulatory Authority (EMRA) experts has prepared the regulation draft by analyzing energy storage technologies and practices worldwide. When the regulation is implemented and storage facilities are established, surplus electricity particularly from renewable energy resources will be stored.
This will enable Turkey to meet its electricity demand via the storage facilities at the peak hours. Thus, the share of renewable energy resources in the country's energy mix will rise. Turkey has 7,000 megawatts of installed wind power, 5,000 megawatts of installed solar and 1,260 megawatts of installed geothermal capacity by the end of 2018.
The country aims to increase its renewable energy capacity in the next decade with 10,000 megawatts of wind and 10,000 megawatts of solar energy capacity. When the surplus of other electricity generation sources are stored, this also will boost energy security of Turkey.
It is also aimed that the storage facilities will help a more balanced grid operation. According to the draft regulation, electricity storage will be a market operation and will be implemented in line with the market rules. EMRA Head Mustafa Yilmaz said that the EMRA experts has prepared the draft after an intensive work. He said electricity regulation has a great importance for energy sector.
"Storage facilities will not only contribute our energy security but also increase energy efficiency. We will put the draft into a final form after we get contributions from the sector," Yilmaz concluded.
(Anadolu Agency)