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The World Bank Group, in collaboration with Turkey’s Ministry of Energy and Natural Resources, has launched a new roadmap which outlines how to establish the offshore wind industry in the country.
The government of Turkey has set a target of 5GW of installed capacity for offshore wind power by 2035. The roadmap provides recommendations to help realise these ambitions and build a new industry that can meet its future energy demands and sustainability goals.
The roadmap highlights the country’s geographical advantages, natural resources, and industrial strengths as key enablers for a competitive offshore wind power industry. Favourable offshore wind resources are located near high-demand power centres, offering a large-scale, domestic power generation source.
The analysis also points to Turkey’s strategic location, close to European and Asian markets, as an opportunity to become a regional clean energy hub. Turkey also has a strong industrial base and skilled workforce, particularly in onshore wind, shipbuilding, and maritime industries.
It is estimated that the country’s waters have a total technical potential offshore wind resource of 75GW. The roadmap outlines the potential for up to 7GW of offshore wind capacity to be installed by 2040. Most areas with good offshore wind resources are suited to be developed as floating wind given water depths exceed 50 meters.
In a low-growth scenario, Turkey could install 3.5GW of offshore wind power by the end of 2040. In this scenario, offshore wind would contribute $4bn gross to the economy.
High growth assumes 7GW of offshore wind power installed by the end of 2040. In this scenario, it is estimated that around $16bn gross value would be added to the economy.
To achieve these scenarios, the roadmap highlights 21 recommended actions for the government to consider. This includes setting the country’s vision beyond 2035 as part of long-term energy system planning, implementing regulatory and policy frameworks which proactively de-risk projects, establishing a bankable power purchase agreement, introducing best-practice health and safety standards, upgrading grid and port infrastructure, and development of domestic supply chains.
As part of the next steps forward, the World Bank is supporting the Ministry of Energy and Natural Resources in implementing the ‘Turkey – European Union Instrument for PreAccession (IPA) Energy Sector Programme Phase IV Project – Offshore Wind Support.’
The objective of the project through to 2027 is to help Turkey improve the investment potential for offshore wind energy generation by derisking selected sites and reinforcing institutional capacities via measurement campaigns as well as providing technical, environmental and social analysis. |
