Turkey Has Rapidly Become Leading Wind Market: Vestas

Turkey has rapidly developed into a leading global wind market since Vestas installed its first wind turbine back in 1984, according to Olcayto Yigit, head of Vestas Turkey. Vestas has delivered 2 gigawatts (GW) of installed wind capacity in Turkey since then.

Employing 200 distributed among the main offices in Istanbul and five regional centers, Vestas has developed a local value chain, locally sourcing blades, towers and generators to continue creating local jobs and capabilities.

Yigit said that Turkey is an important market for Vestas offering a considerable market size, project pipeline, market predictability and good potential for growth.

To build on this growth and encourage investments, he said market transparency and a continuous project pipeline are needed.

He also advised rethinking the design of the power markets to ensure that they are more resilient against fossil fuel volatility at a time when the global energy crisis has seen soaring energy bills.

“An energy system that can rely on a high proportion of renewables generation would be far less sensitive to fossil fuel supply disruptions but this system also requires adjustments in the way we transport the energy to consumers when demand is high and store when demand is low,' he said.

He added that the design of a decarbonized power market would need to respond to this challenge in the world’s journey to net zero.

(Anadolu Agency, October 22, 2021)

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