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Turkey’s President Recep Tayyip Erdogan, at a TV program on the third anniversary of his presidency, said that Turkey has come to a point to stop investments from imported coal.

Stating that Turkey has huge potential in terms of domestic coal, “Why do not we use our own sources?” he questioned.

“When we (Justice and Development Party) took office, Turkey was not at a good situation in energy. We had some steps for wind power and investments in wind started to increase significantly. A big step was also taken in solar. Furthermore, we have huge domestic coal potential. We have come to a point to stop imported coal as a move to contribute current deficit.” he explained.

Erdogan also pointed out that technology is constantly advancing and impacts of coal on air pollution can be prevented.

“The position of dams is fine, we use them both for electricity production and watering. Now, we have another important step which is nuclear energy. We will install 10 GW of capacity from nuclear energy. When all these capacities become online, energy prices will decrease,” Erdogan concluded.

One of Turkey’s electricity distribution companies,  ADM-DSO plans to complete an investment volume of 295 million Turkish Liras in 2017.

The company which distributes electricity to 3 million people in Aegean cities – Aydin, Denizli and Mugla – spent 220 million Turkish Liras last year.

General Manager of the company, Bulent Yuksel, said that they make use of technological developments to be able to provide electricity distribution service at Europan standarts.

“We have analysis in detail to foresee the long term needs and growing energy needs as well as shaping our investments in that line,” he stated.

- Cities are getting more modernized

Yuksel said that their services to the consumers will increase with the investments.

“We now have a number of continuing underground grid investments in these cities. Thanks to underground grid investments, the cities will have a more modern look,” he explained.

The owners of electric vehicles in Denmark have been earning up to $1,530 a year from utilities just by plugging in when they park and selling excess power back to grid when it is needed.

And a new study on this so-called vehicle to grid (V2G) strategy found that rather than degrading batteries, as some have feared, employing it can actually boost the batteries’ lifetime.

Because most cars are parked 90 to 95 percent of the time, electric vehicle (EV) researchers have long dreamed of deriving value from the excess capacity in the car battery.

Studies back then suggested the economic value of “grid services,” such as helping to balance supply and demand, might be able to significantly offset the cost of owning an EV.  Plummeting battery prices and the EV revolution have now begun to make that dream a reality.

Nissan and Denmark’s largest utility (Enel) have been partnering on V2G trials as part of an effort to integrate more renewable energy sources into the grid, Bloomberg reports. Already EV owners have earned as much as $1,530 a year — more than a typical EV owner would pay for all of its charging during a year. 

Source : thinkprogress.org

Article
Investment Coordination in Network Industries:
The case of Electricity Grid and Electricity Generation
Felix Höffler - Achim Wambachy

Liberalization of network industries frequently separates the network from the other parts of the industry. This is important in particular for the electricity industry where private Örms invest into generation facilities, while network investments usually are controlled by regulators. We discuss two regulatory regimes. First, the regulator can only decide on the network extension. Second, she can additionally use a "capacity market" with payments contingent on private generation investment.

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