Energy & Infrastructure Chance of Turkey
When we search for Turkey, we usually say that this country is the first choice for overseas investment. Why? 2023 marks the 100th anniversary of the founding of the Republic of Turkey. The Turkish government has established a development goal of becoming one of the world's top 10 economies with a total GDP of US$200 billion. It can be seen that this country does have ambitions and potential, whether it is energy, electricity, tourism or entertainment. At this moment, today we are talking about Turkey’s energy development and gaps, grid reforms and opportunities, and infrastructure needs.
1. Energy development and gaps
With Turkey’s population growth and economic development, energy is one of the areas with the greatest investment potential. However, the current electricity supply and demand gap in Turkey is large and the grid is seriously aging. Firstly, we have to mention energy development and renewable energy development-"Turkey-2023" plans to increase the total installed capacity of the country to 125,000 MW, and the proportion of renewable energy to 30%. Particularly worth mentioning is the development of PV-Turkey is located in a plateau area, and the effect of solar energy is better than most areas. According to the Turkish Electricity Utility, the average cost of solar power is between 3.5-6 Turkish Kuru per kilowatt-hour. Low, so they encourage people to get a certain amount of electricity by installing solar panels. Which means the PV meter,PV relay,PV components will be in huge demand as well.
2. Grid reforms and opportunities
Recently, the bidding activities of Turkish power companies are also in full swing. Chinese meter manufacturers are frequently asked about their bidding qualifications and interest. The voltage and frequency of electricity in Turkey are the same as those in China. They are both 50Hz, 220v normal AC voltage, and 380V three-phase voltage. Therefore, general power equipment can be directly used, so we are destined to have an advantage over other countries in terms of meters and related accessories. The recently popular GPRS-4G prepaid meter and meter relay, meter’s accessory was perfectly matched in our system. Welcome to inquire for more information.
3. Infrastructure development
"Turkey-2023" plans to build 7,500 kilometers of highways; 10,000 kilometers of high-speed railways; airport capacity reaches 400 million passengers; port container throughput reaches 32 million TEUs; broadband users reach 30 million, and infrastructure for new energy charging piles It is also the highlight of their exhibition. Since we paid attention to Turkey's smart city theme earlier, we have already prepared smart sensor, fire detecto, DC meter, etc. for the Turkish market.
In short, we are ready for the Turkish market, but are you ready? Hurry up and contact us via email ebp@ivy-metering.com to get a list of Turkish products!
