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On November 7, Turkish Minister for Energy and Natural Resources Berat Albayrak, who is the son-in-law of Turkey's powerful President Tayip Erdogan, announced that $5 billion had been invested in building 158 electricity generating plants during 2016. The government of Turkey is pursuing an aggressive industrial growth strategy that it is attempting to fuel local resource use, thus a large number of these plants are being built to run off indigenous coal. As long as they use their renewable resources and their coal resources efficiently, they will be able to open new horizons for their country by closing the account deficit. According to the 2016 Budget Presentation of the Ministry, Turkey can save around $1.2 billion from its annual energy bill as long as the country's coal reserves are fully realized.
On November 7, Turkish Minister for Energy and Natural Resources Berat Albayrak, who is the son-in-law of Turkey's powerful President Tayip Erdogan, announced that $5 billion had been invested in building 158 electricity generating plants during 2016. The government of Turkey is pursuing an aggressive industrial growth strategy that it is attempting to fuel local resource use, thus a large number of these plants are being built to run off indigenous coal. As long as they use their renewable resources and their coal resources efficiently, they will be able to open new horizons for their country by closing the account deficit. According to the 2016 Budget Presentation of the Ministry, Turkey can save around $1.2 billion from its annual energy bill as long as the country's coal reserves are fully realized.
Turkey considers more coal-fired power
Smith, Mungo (author)
2016
Article (Journal)
English
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