“An amendment aimed at promoting electricity storage investments in the Electricity Market Law was published in the Official Gazette. The proposal for the amendment was presented to the Speaker of the Turkish Grand National Assembly on June 28, 2022, Tuesday and was approved during the General Assembly sessions on July 1, 2022, Friday.

With the amendment, energy investors who commit to investing in electricity storage will have the opportunity to obtain a license for their wind and/or solar power plant investments without competition, provided that they intend to make an investment equivalent to the installed capacity of their storage facility. The same right will also be granted for capacity increases in existing wind and solar power plants.

These investments will also be eligible for support from the Renewable Energy Resource Support Mechanism.

The details of the implementation will be determined by regulations to be issued by the Energy Market Regulatory Authority.

The relevant section published in today’s issue of the Official Gazette is as follows:

(9) The principles and procedures for the technical evaluation of applications for the establishment of biomass and geothermal energy-based electricity generation facilities shall be regulated by a regulation to be issued by the Ministry.

(10) Legal entities that commit to establishing an electricity storage facility shall be granted a pre-license for the installation of wind and/or solar energy-based electricity production facilities by the Authority up to the installed capacity of the electricity storage facility committed to be established. The provisions of the fourth paragraph of Article 7 of the Law shall not apply to these production facilities. The procedures and principles regarding pre-licensing and licensing conditions and their amendments and cancellations, the forfeiture of the guarantee in case of non-fulfillment of obligations, including the supply of electricity generated within the scope of this paragraph to the system through the storage facility, shall be regulated by the Authority by regulation. Facilities established within the scope of this paragraph may benefit from the provisions of Article 6 of Law No. 5346.

(11) Wind and/or solar energy-based electricity production license holders who commit to establishing an electricity storage facility up to the installed capacity of the committed facility will be granted permission for capacity increases, provided that they do not exceed the areas specified in their licenses, do not exceed the installed capacity specified in their licenses during operation, and have a positive connection view obtained from TEIAS and/or the relevant distribution company. The first sentence of the second paragraph of Article 6/C of Law No. 5346 shall not apply to capacity increases within this framework. The procedures and principles regarding the supply of electricity generated within this framework to the system through the storage facility shall be regulated by the Authority by regulation.”