Renewable energy supply agreements, also known as power purchase agreements (PPA), can help Türkiye expand clean energy capacity without government support and serve as a key financing tool in the country’s energy transition, according to a new report by SHURA Energy Transition Center.
The report, titled “Enabling Renewable Energy Supply Agreements in Türkiye,” analyzes PPA’s role in increasing renewable energy capacity through market-based mechanisms and presents policy recommendations for implementation.
“PPA stands out as a financing instrument enabling capacity expansion in renewable projects without public support,” the report states.
PPA supports private-sector investment in low-emission energy
Declining renewable energy costs have encouraged producers and private-sector buyers, particularly in the industrial sector, to sign long-term power purchase agreements.
These contracts provide financial…
