Turkey has plans for 20,000 megawatts of wind farm capacity and the government intends to install 400 megawatts of wind power by the end of this year at a cost of around USD500 million. Major wind turbine companies are currently bidding to enter the Turkish wind power market. The country has huge plans to boost its energy production through the use of wind turbines and Ankara is set to encourage domestic companies to try to grow the manufacture of turbines locally. A draft plan, currently being prepared by the Turkish government should last 20 years, at a cost of around USD20 billion.

With its lack of natural resources and increasing demand for power, Turkey is keen to secure energy supplies. It is currently one of several partners working on the Nabucco pipeline project. Preparations for this project started in 2002 with the intergovernmental agreement signed in 2009. The project will link the eastern border of Turkey to Baumgarten in Austria, and it is certainly ambitious. However it has a huge USD10 billion price tag which is putting off some investors, especially as a firm supplier still hasn't been sorted out.

http://www.newhomeinturkey.com/Turkey-Is-on-Target-to-Boost-Energy-Production [ EN ]

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