INTIEARepublic of Turkiye · Extension of Renewable Energy Support Scheme (YEKDEM)PolicyIn force

Extension of Renewable Energy Support Scheme (YEKDEM)

YEKDEM is Renewable Energy Resources Support Scheme to incentivize renewable energy production in Turkey. On 17th September 2020, the Ministry of Energy and Natural Resource extended YEKDEM application deadline for another six months. Accordingly, electricity producers can…

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Country / jurisdiction: Republic of Turkiye · Year: 2020 · Status: In force · Level: National · Type: Voluntary

YEKDEM is Renewable Energy Resources Support Scheme to incentivize renewable energy production in Turkey. On 17th September 2020, the Ministry of Energy and Natural Resource extended YEKDEM application deadline for another six months. Accordingly, electricity producers can benefit from YEKDEM scheme if the relevant renewable energy plant enters into service before 30 June 2021. The new rates will cover REN investments which have been granted a REN certificate between 1/07/2021 and 31/12/2025, with a validity over 10 years.

On May 1, 2023, new YEKDEM tariffs were announced. The tariffs are still set in Turkish lira and adjusted monthly based on PPI and CPI and currency exchange rates. The prices to be applied are declared montly on EXIST web site.

Official source: https://www.resmigazete.gov.tr/eskiler/2020/09/20200918-8.pdf

Source

https://www.iea.org/policies/12350

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