Türkiye plans to unveil a revised National Energy Plan on November 5, setting stronger targets through 2040, a senior energy official said.

Speaking at the Investment Summit Towards COP31 in Istanbul, Ahmet Ozkaya, Director General of Energy Affairs at the Energy and Natural Resources Ministry, said renewable energy is vital to securing energy supplies, reducing import costs and achieving Türkiye’s 2053 net-zero emissions target.

Combined installed wind and solar capacity has exceeded 44 gigawatts (GW), Ozkaya said, recalling Türkiye’s 2024 target to raise capacity to 120 GW by 2035.

“We anticipate stronger targets, particularly revised targets extending from 2035 to 2040,” Ozkaya said, as quoted by Anadolu Agency.

He said transmission and distribution investments were previously estimated at $80 billion through 2035, with requirements expected to increase as planning extends to 2040.

Without grid upgrades, renewable energy ambitions would remain “just numbers and targets,” he warned.

Ozkaya added that domestic manufacturing was strengthening, with local content approaching 100 per cent in hydropower equipment, nearly 90 per cent in solar and 60 per cent-65 per cent in wind.

The ministry is also working on additional incentives to address competitive pressures facing the sector.