In 2023, Turkey's solar thermal energy supply stood at 10.51 Thousand Gigawatthours, marking a 2.46% increase from 2022. The two most recent years showed incremental growth: 2.56% in 2022 and 2.02% in 2021. Between 2018 and 2023, the Compound Annual Growth Rate (CAGR) averaged 0.60%, indicating modest growth. Forecasts from 2024 to 2028 predict an average annual growth rate of 1.74%, with a projected increase of 9% by 2028.
Future trends to watch for include:
- Technological advancements that could improve efficiency and reduce costs.
- Government policies and incentives supporting renewable energy expansion.
- Potential challenges from economic fluctuations and market demand shifts.
