Turkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests
- Electricity distribution executives held talks with ministers
- Energy, along with food, is a key driver of soaring inflation
Demonstrators protest rising energy price in Ankara, Turkey, in February.
Photographer: Adem Altan/AFP/Getty Images
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Turkey aims to raise electricity prices steadily throughout the year to avoid a repeat of January’s sharp hike that fueled anger among a population reeling from soaring inflation 12 months before elections.
Managers of 21 electricity distribution companies met last week with Energy Minister Fatih Donmez, deputy ministers and executives of top power generator EUAS to discuss the industry’s problems, according to two officials familiar with the plans who spoke on condition of anonymity.