Turkey has amended the Electricity Market Law numbered 6446 to promote use and security of domestic energy resources. Under the amendments, planned capacity mechanisms must give priority to local energy sources. The amendments aim to support overall national energy security and extend the existing capacity mechanism provisions to also include security of Turkey's electricity transmission system.
The Law on Supporting Investments on Project Basis and Amending Certain Laws and Decrees numbered 6745 was published in Official Gazette number 29824 on 7 September 2016 ("Amendment Law"). The Amendment Law makes changes to Article 20 of the Electricity Market Law numbered 6446.
Planned and future capacity mechanisms must give priority to the local energy sources. The intention of these mechanisms is to create efficient installed (and reserve) power capacity, to ensure security of supply and preserve reliable installed power capacity.
Payments made by the Turkish Electricity Transmission Corporation (TEİAŞ) within the scope of the mechanisms will be taken into consideration when calculating transmission tariffs.
Procedures and principles for establishing capacity mechanisms will be regulated by Energy Market Regulatory Authority in consultation with the Ministry of Energy and Natural Resources.
Please see this link for full text of the Law (only available in Turkish).
Information first published in the MA | Gazette, a fortnightly legal update newsletter produced by Moroğlu Arseven.
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