The “19th ICCI International Energy and Environment Fair and Conference” was held on April 24th, 25th, 26th, 2013, at the World Trade Center, in Istanbul, with the participation of the representatives of the global and Turkish energy industry.
Mr. Muharrem Yılmaz, President of the Board of Directors of TÜSİAD delivered an address at the opening of the ICCI Energy and Environment Fair Conference on April 24th, 2013
In his speech, Mr. Muharrem Yılmaz noted that while we are in a period of global changes in energy balances, Turkey is expected to invest around 100 billion dollars until the year of 2020. Mr. Yılmaz said that the economically efficient extraction of shale gas, the shift of the energy demand from the West to the East, the pressure of the climate change and continuous renewal of technologies, all indicate that we are at the threshold of a new period. He underlined that Turkey has to manage this change most effectively as it stands right in the middle of the turmoil both geographically and politically. He stated that in order to ensure its economic growth Turkey has to meet its increasing energy demand sustainably and it has to do so responsibly, in a human centered and environment friendly way.
Remarking that considerations of supply security, competitive prices and the need to fight against the global climate change make sound and subtle choices a must for all countries, Mr. Yılmaz said that high growth targets will naturally increase energy demand. He emphasized the importance of deciding on strategies to protect the competitive power of Turkey from the adverse effect of emission restrictions, and he continued as follows: “We are still far from using our renewable energy resource sufficiently. Our targets of wind and solar energy utilization for the year of 2020 seem hard to achieve. We think that accelerating investment in our domestic resources and particularly that of renewable energy is crucial. We appreciated the incentives for the lignite mines and power plants in the 5th Region. However similar incentives for all our resources will adequately help the industry to accomplish the necessary breakthrough.”
Mr. Yılmaz reminded that the Electric Market Law of 2001 which underwent a number of modifications since then has been extensively amended with the law accepted last month, and he stated that three laws reforming energy markets on the agenda constitute a welcome development. Mr. Yılmaz argued that the prerequisite for the large scale investment ensuring energy supply security is the long term sustainability which in turn necessitates the reference price formation in the free market as an important signal for the investors.
TÜSİAD Energy Working Group organized a TÜSİAD special session titled “Current Development and Opportunities in the Turkish Natural Gas Markets”, on April 25th, 2013.
TÜSİAD Special Session was chaired by Mr. Nusret Cömert, Vice President of the Energy Working Group of TÜSİAD and President of the Board Directors of Shell Energy. The speakers in the session were Mr. Batu Aksoy, CEO of Turcas Energy, Mr. Korkut Öztürkmen, General Manager of OMV, Mr. Doğanay Samuray, President of the Board of Directors of Palmet Energy, and Mr. Matthias Keuchel, Vice President of E.ON.
In the special session, in addition to a general discussion on the natural gas markets, crucial features of the liberalization of the energy markets such as restructuring of BOTAŞ, cost based pricing, natural gas exchange, access to storage facilities and LNG terminals were discussed in connection with the Natural Gas Market Law proposal currently on the agenda.
ICCI International Energy and Environment Fair and Conference gather representatives of the global and Turkish energy industry in Istanbul since 1994. The Fair and Conference provides a platform to discuss policy issues such as liberalization and restructuring of the energy industry, supply and demand projections, EU Energy policies and also technical topics such as cogeneration, high efficiency energy generation technologies, power plant management, renewable energy, waste management, recycling systems and environmental technologies.
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