Turkey sees its energy imports rise

Turkey is relying on expensive energy imports to support its growing economy.

Turkey sees its energy imports rise

World Bulletin / News Desk

Turkey's energy imports increased by 2.7 percent in 2012 to 74.3 percent of which only 10 percent was from renewable sources, according to TurkStat, the Turkish statistical authority.

The country's energy consumption in 2012 rose to 89,008,000 tons of oil equivalent (toe) from 86,952,000 toe in 2011. Furthermore Turkey’s largest energy consumers were households with 35.4 per cent while industry consumed 34.1 per cent of total energy consumption and transport had 23.3 percent share of the total energy consumption, with nearly 90 per cent going to road transport, the authority said.

Turkey relies on energy imports for three quarters of its energy consumption and it is these imports that make up the majority of the country's $60 billion deficit. However, the country is trying to diversify its energy sources by investing heavily in nuclear power plants with three currently in various stages of being built and hydroelectricity.

Last Mod: 26 Mart 2014, 15:22
Add Comment