Turkish parliament enacts new energy law

On Wednesday December 29th 2011, the Turkish parliament approved a law on regulating the renewable energy sources market in Turkey.

The new law limits the volume of energy that the state is allowed to buy and determines the long-term prices for electricity purchases. It calls for the preparation of a regulation to define and evaluate the regions to be used as resource fields in cooperation with the related state institutions.
However, Tanay Sidki Uyar, a professor at Marmara University and head of the Turkey branch of the European Association for Renewable Energy (Eurosolar), thinks the new law will present obstacles for renewable energy investors. He stated in an interview: “A law which is enacted during a period in which United Nations’ regulations instruct countries to use more renewable energy should have been much more encouraging,”
Source: http://www.hurriyetdailynews.com/

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