Turkey will pay 7.5 US cents per kilowatt hour for electricity from domestic coal plants through 2030 under a state purchase guarantee that covers about 60 percent of each plant’s output, a floor price that reduces merchant risk and steers new investment toward coal.
Energy Minister Alparslan Bayraktar posted on X on Friday the package will also extend purchase guarantees to new coal plants until 2045, with the program set to begin this month.
The ministry said plants that have not completed environmental investments, that have failed to pay miners or that owe public debt will be excluded and that coal import units can qualify if they blend local coal.
Trade and business outlets said the guaranteed price applies to up to 60 percent of generation at eligible units.
Bayraktar framed the move as a supply security and employment measure tied to mining regions.
The ministry puts local coal capacity at roughly 7,500 megawatts within a national system that passed 120,000 megawatts this summer.
Coal generated 35.6 percent of Turkey’s electricity in 2024, and Turkey was Europe’s largest coal-power producer last year, according to energy think tank Ember.
Turkey maintains a net zero emissions target for 2053 in documents filed with the United Nations.