TURKISH WIND WANTS TO UP F-I-T

Wind energy experts request higher tariffs
June 17, 2010 (Hurriyet Daily News & Economic Review)

"Turkey should improve its current Renewable Energy Law [and increase its feed-in tariff from 0.055 euros to 0.08 euros] to encourage growth for the renewable energy industry, experts speaking at the 9th Wind Energy Conference and Renewable Energy Exhibition said…

"A feed-in tariff promotes renewable energy production by guaranteeing a reasonable amount of return on each kilowatt-hour of electricity produced, creating incentives and removing investment barriers. This accelerates the convergence between energy from community level or large-scale renewable sources with large-scale conventional sources such as fossil fuels. It is paid for by energy consumers as an addition to their electricity bill…"

Turkey's ruzgar (wind) (click to enlarge)

"…[Because of its feed-in tariff, the] German renewable energy industry is one of the largest in the world, creating 16 percent of Germany's energy supply and employing over 300,000 people…Turkey's current renewable energies law “could be made better” to encourage greater investment and development in renewable energy…[and] the bottleneck of licenses since the surge of applications in November 2007 [remains an issue]..."

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"…[T]he chief executive of Polat Enerji, a Turkish wind power utility half-owned by France’s EDF Energies Nouvelles, or EDF-EN, said the firm would invest more once the government passes a law bringing incentives [including a higher tariff rate] to wind power producers…

"Producers sell electricity to wholesale buyers or the government’s power distribution grid operator TEDAŞ in a government-brokered market at around 5.5 euro-cents per kilowatt-hour…[which is below the 7.5 euro-cents rate] at which wind power investments can be justified…"