1) Why the balancing market matters more than most contracts In every liberalized electricity market, the “real” market is the one that runs after the trading screens close—because electricity must be balanced in real time. Even if you have a perfect day-ahead schedule, your plant may trip, wind may drop, demand may spike, or a […]
1) Why a generation license cancellation is more than a regulatory problem In Turkey, an electricity generation license is not merely an administrative permission—it is the legal backbone of a power project’s value. It anchors: When the Energy Market Regulatory Authority (EMRA/EPDK) cancels a generation license, the consequences can cascade across the entire project stack. […]
Why licensing is the “make-or-break” step in Turkish energy projects In Turkey, most commercial activity across electricity, natural gas, petroleum, LPG, and (increasingly) EV charging networks is regulated. The central authority is the Energy Market Regulatory Authority (EMRA)—known domestically as EPDK. For investors, developers, and operators, the licensing phase is not a formality. It is […]
Introduction Turkey’s electricity market has undergone a profound transformation over the last two decades. Once dominated by vertically integrated public monopolies, the sector is now largely liberalized, competitive in generation and supply, and regulated by an independent administrative authority. For domestic and foreign investors alike, understanding the Electricity Market Law in Turkey, the different license […]
1. Legal Framework: Why the Trade Registry Matters 1.1. Principle of registration and publicity Under the Turkish Commercial Code, certain facts concerning commercial enterprises and companies must be registered and published. The Trade Registry is a public database kept under the supervision of the Ministry of Trade and operated by regional trade registry offices. It […]
1. Introduction: Why Foreigners Need a Clear Succession Plan in Turkey Over the last decade, Turkey has become a preferred destination for foreign buyers: apartments in Istanbul, seafront villas in Antalya, investment flats in urban transformation projects, or commercial properties rented to Turkish companies. Once a foreigner acquires property in Turkey, the next key legal […]
1. Why a Shareholders Agreement with a Foreign Partner in Turkey Is Essential When a foreign investor participates in a Turkish company—whether as a minority shareholder or controlling partner—the relationship between the parties is rarely governed only by the Articles of Association and the Turkish Commercial Code. In practice, a shareholders agreement with a foreign […]
1. Introduction Working as the exclusive or non-exclusive distributor of a foreign brand in Turkey can be extremely lucrative. International manufacturers want reliable local partners who understand Turkish customers, regulatory requirements and market dynamics. Turkish distributors, on the other hand, want long-term contracts that justify their investment in marketing, staff, stock and after-sales services. However, […]