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Turkey $500bn energy goal
Turkey has announced its “National Energy Strategy 2040,” which targets $500 billion in public and private investment to expand production and infrastructure and reduce dependence on energy imports and emissions. The plan aims to increase installed electricity capacity to 281 gigawatts by 2040, up from 123 gigawatts in 2025, and raise the share of renewables from 63% to 77%. It also seeks to increase nuclear capacity to around 10 gigawatts, supplying 11% of electricity needs and avoiding the import of about 15 billion cubic metres of gas a year.
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