by B. Aslı Saraçoğlu Uzunoğlu
Our report on “New Regulations in the Turkish Electricity and Gas Market” is out now!
The new regulations in Turkey’s electricity and natural gas markets were discussed in the Grand National Assembly for about three months and were enacted on May 5, 2024. The law, published in the Official Gazette on May 11, 2024, includes key changes such as permitting floating renewable energy plants without zoning plans, enabling unlicensed electricity generation facilities that have been operational for 10 years to transition to licensed production, and adding the definition of “liquefaction of natural gas” to the Natural Gas Market Law. For more information, read our guide and contact us.
by B. Aslı Saraçoğlu Uzunoğlu
Our report on “How Prepared Are You for Carbon Border Adjustment Mechanism?” is out now!
The Carbon Border Adjustment Mechanism (CBAM) introduces a new import regime in the EU to reduce carbon emissions. Turkish sectors like energy, cement, and aluminum will be directly affected. Exporters must accelerate green transition preparations and compliance by 2026 to stay competitive in the EU market. The transition period began on 1 October 2023 and will end on 31 December 2025. For more information, read our guide and contact us.
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by B. Aslı Saraçoğlu Uzunoğlu