Three coal energy plant initiatives accounting for ten % of Turkey’s deliberate coal pipeline have been scrapped. The cancellation of the Cayirhan B (800 MW), Agan (1580 MW) and Ayas (625 MW) coal initiatives contrasts starkly with a young for 1 GW of photo voltaic auctioned earlier this week. It acquired over 250 bids price a possible 4 GW of photo voltaic capability, demonstrating that curiosity and momentum is behind renewable power whereas coal’s prospects decline.
Most notable was the license cancellation of Cayirhan B by the Electrical energy Market Regulatory Authority (EMRA). It was the primary venture to be privatised underneath a brand new regulation aimed toward providing builders off-the-shelf websites, a technique that locations accountability for securing permits and important checks and balances, equivalent to environmental affect assessments, land expropriation, and constructing permissions within the arms of state-owned firm EÜAŞ, earlier than providing them as much as tender at non-public auctions . The second website supplied underneath the identical scheme, Alpu, in Eskişehir, has seen the procurement process repeatedly cancelled after no corporations entered any of the seven tenders held for the positioning.
“Turkey’s coal pipeline has been halved between 2016 and the tip of 2020. The cancellation of an extra 10 % of initiatives reveals that its coal business is declining simply as quickly as the remainder of Europe’s,” stated Duygu Kutluay, Campaigner at Europe Past Coal. “Since 2016, the Turkish authorities has actively sought to make it as straightforward as attainable for coal corporations to easily transfer in and begin working, presenting coal initiatives as profitable, no strings connected investments. Nevertheless it’s more and more apparent that traders assume the sensible cash is in Turkey’s wealthy renewables potential quite than coal. The federal government ought to heed this message, and begin diverting the help schemes it readily affords for coal to the clear power transition as an alternative.”
The Hunutlu coal energy plant in Adana is now the one coal plant underneath building in Turkey. A current report by WWF Turkey and SEFIA  reveals that the 1.7 billion greenback, Chinese language-backed plant might want to function for not less than 26 years to repay its preliminary funding, with the state of affairs prone to worsen as market situations more and more favour wind and photo voltaic over coal.
- EÜAŞ: A briefing for traders, insurers and banks
- An public sale for Photo voltaic Renewable Power Useful resource space (YEKA GES 3) attracted 276 venture bids from 85 corporations amounting to just about 4 GW capability.
Europe Past Coal is an alliance of civil society teams working to catalyse the closures of coal mines and energy vegetation, forestall the constructing of any new coal initiatives and hasten the simply transition to wash, renewable power and power effectivity. Our teams are devoting their time, power and sources to this unbiased marketing campaign to make Europe coal free by 2030 or sooner.