by Değer BodenTurkey: Can We Expect Electricity Storage Facilities/Units To Be Realized In Turkey Any Time Soon?
Energy storage plays a key role in energy transition. Studies show that energy storage may pave the way to combat climate change as it would reduce relying on fossil fuels and decrease carbon emissions. Energy storage is critical not only for its environmental impacts but also, for ensuring the reliability of the grid as it provides backup electricity during power outages, improves power quality and frequency regulation. Turkey first defined energy storage facilities in the Electricity Grid Regulation in 2014 which stipulates that energy storage facilities can be used in ancillary services. In 2017, the Ancillary Services Regulation also recognized energy storage facilities as an ancillary service unit. In March 2018, Turkey included electricity storage activities in the Electricity Market Law (“Law“) as an electricity market activity. The Ministry of Energy and Natural Resources’ Strategic Plan (“Strategic Plan“) for the period of 2019-2023 also included a plan to put in place an energy storage legislation.
(more…)by Değer Boden“Power Plant EPC and O&M Contracts During Coronavirus Outbreak”, Mondaq, April 2020
Coronavirus (COVID-19) outbreak affects not only people’s daily-life, but also disrupts economies and markets all around the world and electricity generation market is not immune to this effect. Due to the outbreak, construction projects related to power plants came to a standstill in some jurisdictions. Engineering, procurement and construction (“EPC“) contractors and operation and maintenance (“O&M“) service providers as well as project owners started to face difficulties.