What is the forecast for Turkey uninterruptible power supply (UPS) market?

The Turkey Uninterruptible Power Supply (UPS) Market is anticipated to grow at a CAGR of 4.8% during the forecast period 2025-2031. One of the main drivers for the UPS market in Turkey is the growing need for stable and uninterruptible power in several industries, such as healthcare, IT, and industrial processes.

What type of energy does Türkiye generate?

Approximately 56% of Türkiye’s electric power generation capacity consist of renewable energy, including hydroelectric, wind, solar, geothermal, and biomass power plants, making Türkiye the fifth-largest generator of renewable energy in Europe and the 11th largest in the world.

How much power will Türkiye have in 2035?

According to Türkiye’s 2020–2035 National Energy Plan, Türkiye’s power generation capacity will reach 189.7 GW in 2035 (a 79% increase from 2023). Türkiye’s share of renewable energy will increase to 64.7% with solar power capacity increasing 432% and wind capacity increasing 158%.

Is Türkiye a regulated electricity market?

Türkiye has a semi-liberalized and moderately regulated market. Energy Exchange Istanbul (EXIST) is Türkiye’s electricity spot market, which manages day-ahead and intraday markets where 40% of electricity is traded among 854 market participants. EXIST’s website features electricity prices in real time.

Should US firms bid on Turkey's transmission lines?

U.S. firms should find good Turkish partners to bid on these tenders. Türkiye’s transmission lines connect to 21 distribution grids operated by private companies. These 21 distribution grid companies operate approximately 71,000 Km of distribution lines.

Will ng pipeline infrastructure reach industrial zones by 2053?

Türkiye’s Hydrogen Technologies Strategy and Roadmap, published in 2023, states that by 2053, separate hydrogen transportation pipeline infrastructure will be developed in parallel with existing NG pipeline infrastructure to reach industrial zones throughout the country.