The General Assembly of Parliament has passed the Electricity Market Law, which will usher in a new era in energy. The law, which is a result of a 16-hour study, aims to lower electricity bills for customers and support local production, which will reduce the resource-poor country's dependency on energy imports. Complicated regulations for energy investors will also be eliminated. Moreover, coal gas reserves are expected to enter as a source of electricity in energy markets. The General Directorate of Mineral Research and Exploration (MTA) will extend their research overseas. While Parliament was discussing the law, Energy and Natural Resources Minister Berat Albayrak answered parliamentarians' questions.
In response to the question of why Turkey has leaned towards nuclear energy rather than cheaper, solar energy, Albayrak said Turkey builds nuclear power plants because the productivity of such plants is five times higher than that of solar power plants of the same capacity. This ratio is approximately 60 percent in coal power plants and 30 percent in wind power plants. Albayrak said a nuclear power plant can produce stable electricity for 8,500 hours a year - which makes nuclear power more crucial than other resources.
Albayrak referred to countries like Korea and Japan which have made great progress in energy production and have come to develop their own nuclear technology and establish dozens of nuclear power plants through their balanced energy portfolio structures. Touching on the fact that such countries have succeeded in these areas even though they were energy importers in the past, Albayrak underlined that it is important to create an alternative and diversified energy portfolio with renewable resources by reducing dependence on foreign nuclear, coal and natural gas power plants.
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