Currently, Turkey’s dependency on import natural gas and oil reached 90-95%. In addition, the natural gas dependency up to 50% in its power production is creating another source of uncertainty driven by the regional political tensions, supply constraints and price fluctuations.

Since 1980’s, TR has gone through a major transformation by deregulating its power industry, forming an independent market regulatory body and increasing the private sector’s share. Despite the efforts, the private sector investment could not cope up with the ever-increasing demand.

As pointed out in Energy Ministry’s 2008-17 projections, Turkey is about to reach natural limitations in locally available (hydro and lignite) energy sources and to enter a period of potential power shortage. Last October, the power consumption exceeded the 17.157 Megawatt hour production that is supplemented by imports from neighbor countries.

Combined with World Bank's long-term demand projection of 7% p.a., this translates into an annual investment of 2,500-3,500 MW and hence a $30-45 billion opportunity for global investors within the next decade. Several studies by independent organizations indicate that the renewable energy sources have the potential to grab a significant portion in those new investments. From that perspective, biogas is offering an excellent investment opportunity with an untapped potential in Turkey.