In 2023, the turnover in the Electric Power Generation, Transmission, and Distribution sector in Turkey stood at 532.1 billion New Turkish Liras. From 2024 onwards, forecasts indicate a steady increase: 575.64 billion in 2024, 627.83 billion in 2025, 679.5 billion in 2026, 730.65 billion in 2027, and 781.29 billion in 2028. The year-on-year variation is projected as follows: 8.17% in 2024, 9.07% in 2025, 8.24% in 2026, 7.53% in 2027, and 6.93% in 2028. The compound annual growth rate (CAGR) over 2024-2028 is estimated at 7.98%.
Future trends to watch for:
- Increased investment in renewable energy sources.
- Technological advancements in energy storage solutions.
- Regulatory changes and government policies supporting sustainable power generation.
- Expansion of smart grid infrastructure.
- Rising consumer demand for cleaner energy alternatives.
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