New Tender Period in Renewable Energy

Minister Bayraktar Statement

Last week, Minister Bayraktar announced Türkiye's 2035 road map in renewable energy and stated that the ministry would no longer make the tender specifications for YEKAs by law, but as a ministry.

Applications on 21 January

Following this announcement, the YEKA RES-2024 Tender Announcement for wind energy was published in the Official Gazette. Accordingly, 5 competitions based on wind energy will be held for the allocation of a total connection capacity of 1,200  MWe. The tender will be open to legal entities established as joint stock or limited liability companies in accordance with the Turkish Commercial Code and foreign companies with capital company status. Applications will be made on 21 January 2025. Details of the place and date of the tender will be published on the website of the ministry. 

Ceiling and Floor Price Announced

For each tender, the initial ceiling price was set at 5.50 dollar-cent/kWh and the base price was set at 3.50 dollar-cent/kWh.  In case the floor price is reached, the starting price of contribution share increase per MW will be 10 thousand dollars. The 72-month period during which the electricity generated as of the contract signature date is sold in the free market is defined as the ‘Free Market Sales Period’. The ‘Electric Energy Purchase Period’ will cover 20 years from the end of the Free Market Sale Period, during which the generated electricity is supplied to the transmission system. 

120 Megawatt Installed Power Target

Making evaluations about the announcement published in the Official Gazette, Minister Bayraktar said, ‘We have announced the WPP tender of 1,200 megawatts. We will announce the SPP tender of 800 megawatts next week. We want to hold YEKA tenders of at least 2 thousand megawatts every year, including 2035. We will commission these capacities quickly. Thus, we will reach 120 thousand megawatts of installed capacity in wind and solar in 2035.’

The locations and connection capacities in the tender announcement in the Official Gazette are as follows:

Tender Name                                  Connection Capacity (MWe)

Edirne RES                                                  410

Balkaya RES (Kırklareli)                             340

Sergen RES (Kırklareli)                              200

Yellice RES  (Sivas)                                    160

Gürün RES   (Sivas)                                    90