2014

Why invest in Turkey: current conditions, June 2014

A multi-dimensional review of the strengths and weaknesses that Turkey has to offer foreign investors.

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The Soma disaster and lignite mining, May 2014

An appraisal of the tragedy of May 13 when 301 miners lost their lives. Why is Turkey’s safety record so poor, what may be done?

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Lignite, Hard Coal & Asphaltite in Turkey

Coals are the boom area in Turkey’s power sector.  By 2024, capacity of different coal-fired generators could have doubled to 28 GW, making it a key focus for power developers today. Over 21 GW of power projects are at various stages of development. This is the dynamic situation explored in IBS’s report Lignite, Hard Coal and Asphaltite in Turkey.

 

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IBS Power Probe, Turkey

Life is not what it was. A year ago, Turkey was on a roll, and power developers were looking to a decade of opportunity. Today, it is a whole new world, with the banks talking of retirements being needed. Part of this is to do with a new consensus on how fast the country can grow – and a change in expectations. But much of it reflects realities already evident today. Demand for power has not been growing as it used to. A flurry of new projects has hit the grid. Prices are low, far lower than the forecasts used by investors earlier this decade.

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IBS Gas Probe, Turkey

Turkey - Thirsty amidst a sea of gas

 

Gas demand in Turkey has been growing fast. A growing distribution grid, investment in new gas-fired plants and economic growth – all these have been stressing Turkey’s transmission system.  

 

They also mean the country needs new gas supplies – and, as has long been clear, less dependence on supplies received via Ukraine. Now this has changed. Why might Turkey muddle through with only its present suppliers?

 

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Elections and lower growth, April 2014

Turkey’s winter has been corrosive and divisive. The municipal elections were a success for Prime Minister Erdogan and may encourage him to run for the Presidency in August. To date, the markets have shrugged off allegations which would have toppled a lesser figure. But forecasts for growth in GDP in 2014 are being cut back.

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Energy market report, March 2014

A regular service for IBS clients

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Climate change and the future of water in Turkey, January 2014

Turkey has long claimed that it is rich in water, but climate change is showing up clearly in Turkey – with summers hotter than they used to be.

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