E-Bulletin

Issue | November - December 2015

A World Bank study entitled Turkey's Energy Transition - Reform Milestones and Challenges shows that Turkey achieved energy security in a high economic growth environment with rapidly increasing energy needs through a variety of inter-linked measures including electricity, gas, renewable energy and energy efficiency legislation. The energy reforms have attracted more than 800 private companies into Turkey's electricity market, and led investors to take over the entire power distribution system in 2008-2013. Despite the achievements, however, the World Bank report shows challenges remain ahead for Turkey in the country's quest to meet the energy demands of its 80 million people.