Last month the Turkish Parliament passed a long-pending renewable green energy law written by Energy Minister Taner Yildiz. The Energy Minister says this law would create jobs and encourage investments in new sectors. While parliament agrees, environmentalists and members of the renewable-energy industry think the law doesn’t go nearly far enough to help Turkey reach its green-power potential.While Germany is seeking to get 100 percent of its energy from renewable energy by 2050 and England aims to reduce carbon emissions to zero, Turkey’s law should have promoted renewable green energy far more. Turkey, which has great wind and solar energy potential, could do better then this.Investors’ biggest concern is the feed-in tariff, or guaranteed price for energy, set by the Parliament. The renewable green energy law guarantees a price of 7.3 U.S. cents (5.6 euro cents) per kilowatt-hour for wind and hydroelectric power and wind energy, 10.5 U.S. cents (8.1 euro cents) for geothermal energy, and 13.3 U.S cents (10 euro cents) for energy from waste products and solar energy.Environmentalists say that a 24 euro cent feed-in tariff is necessary to launch a strong solar energy market in Turkey. Energy Minister Yildiz disagrees and thinks that investors will do business at those prices.
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