Expected ROI of backup power battery project in Turkey 2025

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Expected ROI of backup power battery project in Turkey 2025

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FAQs 5

Is Türkiye ready for a new battery industry in 2025?

Looking ahead to 2025, Usta predicted an influx of new companies, both domestic and foreign, joining the industry, a testament to Türkiye's potential for energy independence and global competitiveness. The association is set to host another battery summit in October next year.

Will Türkiye's battery and storage power plants be approved next year?

However, Usta noted that despite draft regulations, the legal framework for battery and storage power plants is still evolving. The first approvals are expected next year. Türkiye’s battery imports remained steady at around $1.1 billion, similar to last year.

How many battery production facilities are there in Turkey?

New facilities capable of producing up to 5 gigawatt-hours of cells and batteries will be established in Ankara, Istanbul, Izmir, and Kocaeli, Usta said, adding that agreements signed this year alone exceeded $1 billion in investments. With these new additions, the total number of battery production facilities in Türkiye will reach 11.

What are the key challenges facing battery storage?

It also outlines the key challenges facing the sector, including underdeveloped frameworks and barriers to investment. The study concludes with five policy recommendations designed to accelerate battery storage deployment and ensure energy systems are prepared to integrate high levels of renewable energy.

How will Türkiye's New Energy Roadmap affect electricity exports?

In Türkiye’s new roadmap, a significant increase in interconnection capacity, that will enhance electricity exports, is also planned. The electricity export capacity, which was 2.3 GW in 2024, is planned to increase to 6.8 GW in 2035. Electricity import capacity is planned to increase from 1.4 GW to 6.6 GW.

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