Economics
Turkey Sees ‘Huge’ Clean-Energy Investment as Demand Bucks Trend
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Turkey expects “huge” investments in renewable power in the next 10 years as growth in energy demand outpaces economic expansion, a government official said.
Turkey needs to spend $10 billion on new power generation every year until 2023 to double capacity from the current 55 gigawatts, Deputy Energy Minister Hasan Murat Mercan said today at a conference in Vienna.