Türkiye needs $50 billion power grid investment over next decade
Türkiye will need at least $50 billion in investment in its electricity distribution networks over the next decade to cope with rising power demand and support the country’s energy transition, Barış Erdeniz, chairman of the Electricity Distribution Services Association (ELDER), has said.
Erdeniz said growing electricity consumption, renewable energy integration, electric vehicles, data centers, artificial intelligence applications, industrial electrification and digitalization are transforming distribution infrastructure into a strategic investment area.
Türkiye’s electricity consumption has increased by 50 percent over the past 12 years, reaching 361 terawatt-hours and is projected to rise to 510 terawatt-hours by 2035, according to Erdeniz.
Installed power capacity is also expected to reach 227 gigawatts, requiring around 104 gigawatts of additional capacity, he noted.
