Turkey is one of the world’s more dynamic markets for energy, with power demand growing at 6% per year, and structural shifts as natural gas displaces traditional fuels.

Determining the market fundamentals requires cutting through thickets of data to reach the key indicators on which insight can be based. This data is often partial, and sometimes contradictory. The new entrant needs to understand the shifting market balances and the value added through the pricing chain. This is as true for a potential generator as it is for a would-be wholesaler or trader.

But price signals are often distorted as, after a decade of liberalization, many markets remain controlled or affected by subsidies or cross subsidies.

IBS has some of the most detailed private databases on Turkey’s energy markets – whether it is the cost of natural gas at the border or daily fluctuations in the balancing and settlement market for electricity.

It works with its clients to make sure that their entry plans are solidly based, believing that a full understanding of the present is critical to any strategy for the future.