In 2023, Turkey's electricity production stood at approximately 27.32 thousand gigawatthours. From there, the forecasted electricity production for 2024 is 27.89 thousand gigawatthours. The year-on-year variation between 2023 and 2024 is an increase of 2.09%. Moving forward, the subsequent years show the following annual growth rates: 2.08% for 2025, 2.00% for 2026, 1.96% for 2027, and 1.92% for 2028. The compound annual growth rate (CAGR) for the period from 2023 to 2028 is approximately 2.01%.
Future trends to watch for include potential increases in renewable energy capacity, advancements in energy storage solutions, and policy changes aimed at reducing carbon emissions. Monitoring these factors will be crucial for refining future electricity production forecasts in Turkey.
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