Turkey is a country that relies heavily on foreign energy supplies. In 2013, energy products accounted for $55.9 billion among $251.6 billion in imports. With 2013’s current account deficit of $65 billion, the burden of energy imports on the economy becomes even more striking. Turkey has drawn up a long-term action plan to ease that burden. The Ministry of Economy’s latest projection lists the following objectives for 2023 for boosting energy production:
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All domestic energy sources, such as coal and hydro-energy, to be put into use;
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Rnewable energy sources to be maximized;
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Energy productivity to be increased at a fast and sustainable pace;
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Turkey to become become a transit country and an energy terminal in such projects as the Trans-Anatolian Natural Gas Pipeline (TANAP); and,
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Nuclear energy sources to become operational