Forecast: Transformation Output of Electricity in Turkey

The transformation output of electricity in Turkey, expressed in Million Tonnes of Oil Equivalent, stands at 30.49 in 2023. The forecasted data from 2024 shows a positive trend with the output increasing yearly. From 2024 to 2025, the output grows by approximately 2.56%, and from 2025 to 2026 by 2.47%. The trend continues with a year-on-year increase of 2.41% from 2026 to 2027, and a 2.29% rise from 2027 to 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) averages around 2.43%.

Future trends to watch for include the impact of renewable energy investments, government policies promoting cleaner energy, and technological advancements in electricity transformation efficiency. These factors could significantly influence the output levels and broader energy market dynamics in Turkey.