Description
YEKDEM provides long-term, guaranteed feed-in tariffs for electricity generated from renewable energy sources. The extension of the scheme ensures continued support for renewable energy producers, with fixed purchase prices for solar, wind, hydropower, geothermal, and biomass projects. The scheme was extended to continue promoting the development of renewable energy, contributing to Turkey’s energy transition goals.
level of support
National
type of funding
Guarantees
Funding amount
Varies by technology (e.g., $0.133 per kWh for solar; $0.073 per kWh for wind)
Eligibility criteria
Open to all renewable energy producers in Turkey, including energy cooperatives and communities, as long as the projects are grid-connected.
Application Process and Timeline
Renewable energy producers must be connected to the grid and meet technical requirements. Tariff agreements are typically valid for up to 10 years.
Evidence Of Success
Numerous solar and wind farms have benefitted from YEKDEM, enabling both large-scale and community-driven projects to generate consistent revenue while contributing to Turkey’s renewable energy goals.
Expert Opinion
YEKDEM is critical for energy communities in Turkey, as it provides a stable revenue stream for renewable energy projects through long-term contracts with the government. The fixed tariff allows communities to forecast revenues, making projects more financially viable. It’s an essential tool for expanding Turkey’s renewable energy production.
