Technical FAQs 4

Is Turkey establishing a market for large-scale energy storage?

The latest announcement is a big step towards establishing a market for large-scale energy storage in the country, Energy-Storage.news heard from Korkut Öztürkmen, board member at Aksa Energy, one of Turkey’s largest independent power producers (IPPs).

Why is Schmid relocating volume production to Turkey?

“The partnership with the PEKINTAŞ Group is a significant milestone for the SCHMID Group and our global growth strategy in this field,” said Christian Schmid, CEO of the SCHMID Group. “By relocating volume production to Turkey, we can address the rapidly increasing demand for stationary, scalable large-scale storage systems.

Why is Aksa energy launching a storage initiative?

According to the Aksa Energy board member, the storage initiative has been opened to support the development of renewable energy first and foremost. Renewable energy capacity has been tendered for in auctions to receive feed-in tariffs (FiTs) but in recent rounds the prices have been too low to enable projects to be realised.

Should energy companies be allowed to invest in energy storage?

The pre-licensing comes after key regulatory changes including an EMRA ruling in 2021 that energy companies should be allowed to invest in energy storage. Last year, energy laws were adapted to allow power producers to develop new renewables projects on the congested Turkish grid, if paired with energy storage.

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