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Geothermal Sector Issues Appeal to Turkish Grand National Assembly Before the Legislative Year Begins.

Summary by ekonomim.com
The Geothermal Energy Association, ahead of the new legislative year, called on the Turkish Grand National Assembly to extend the Renewable Energy Support Mechanism (YEKDEM) until 2040, to centralize permit and license processes, to increase incentives for exploration and drilling investments, and to prepare a comprehensive Geothermal Law for the sector.
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The Geothermal Energy Association requested that the commissioning period for power plants under the Renewable Energy Support Mechanism (YEKDEM) be extended from 2030 to 2040, and that a new structure be established to coordinate the sector's permitting processes from a single center. The sector is also demanding a comprehensive Geothermal Law to reach 4,500 MW of installed capacity by 2035.

The Geothermal Energy Association, ahead of the new legislative year, called on the Turkish Grand National Assembly to extend the Renewable Energy Support Mechanism (YEKDEM) until 2040, to centralize permit and license processes, to increase incentives for exploration and drilling investments, and to prepare a comprehensive Geothermal Law for the sector.

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ekonomim.com broke the news on Monday, September 28, 2026.
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