Introduction: why YEKDEM still matters for bankable renewables In Turkey, the Renewable Energy Resources Support Mechanism—widely known as YEKDEM—has been one of the most influential policy tools shaping the economics and financeability of renewable power plants. Whether your project is solar (GES), wind (RES), hydro, geothermal, or biomass, YEKDEM can determine: YEKDEM is often described […]
1) Why the legal process is the project in Türkiye Turkey’s solar (GES) and wind (RES) markets attract developers, infrastructure funds, strategic investors, and corporate offtakers because the resource potential is strong and the market is structured around a regulated—but investable—framework. At the same time, a renewable project in Turkey is not “one permit + […]
1) Why energy contracts break under “extraordinary events” faster than other sectors Energy projects and energy trading arrangements are unusually sensitive to disruptions. A single event can simultaneously affect permitting, construction, grid connection, fuel supply, dispatch, cash flow, and financing covenants. Unlike many industries where deliveries can be postponed with limited consequence, energy projects often […]
1) Why distribution-company disputes are different in the electricity sector Electricity is not an “ordinary” service. Turkish electricity market legislation is built around the public-interest objective of continuous, high-quality, and cost-efficient supply to consumers, under independent regulation and supervision. (epias.com.tr) That policy goal matters in court. When an electricity distribution company (“distribution company” / dağıtım […]
Introduction: land is the first “permit” in energy—yet it is rarely the simplest one Energy projects in Turkey—wind farms, solar parks, hydro plants, geothermal facilities, pipelines, substations, and transmission lines—are ultimately built on land. Even where the project company does not need full ownership, it typically needs secure, bankable land rights: ownership, easement (right of […]
1) Why “ordinary” share transfers become a regulated event in the energy sector In most industries, selling shares is primarily a corporate law exercise: you negotiate price and warranties, sign a share purchase agreement, and update the share ledger. In Turkey’s energy sector, that mindset can create immediate risk—because licensing, public interest considerations, and regulatory […]
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) What “unlicensed generation” really means (and what it does not mean) In Turkey, unlicensed electricity generation (often referred to as “license-exempt” generation) is a legally defined pathway that allows certain real and legal persons to generate electricity without obtaining a generation license and without establishing a company solely for that purpose, provided they meet […]
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 […]