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YEKDEM reduces the electricity cost of the consumer

Eksim Enerji General Manager Sabahattin Er stated that renewable energy plants within the scope of the Renewable Energy Resources Support Mechanism (YEKDEM) have a positive impact on the electricity bill of the consumer as they reduce the cost of the national electricity tariff. According to the statement made by the company, there are 1034 renewable energy power plants operating within the scope of YEKDEM throughout Turkey, of which 424 are hydroelectric power plants, 293 biomass power plants, 36 solar power plants, 57 geothermal power plants and 224 wind power plants. consists of power plants. While 35 percent of the total electricity production was met from renewable energy sources last year, the share of renewable energy sources increased to 43.2 percent in the 10-month period this year. A change was also made in the support structure to be applied for the new power plants commissioned as of July 1, 2021, within the scope of YEKDEM. Renewable power plants included in this scope are supported in Turkish lira instead of foreign currency. Although the sales prices are escalated periodically, a purchase guarantee is given for 40 cents per kilowatt-hour for hydroelectric power plants, 32 cents for wind and solar power plants, and 54 cents for geothermal power plants. Er, whose views were included in the statement, stated that 7 of Eksim Energy’s 8 wind power plants (WPP) that produce throughout Turkey in 2022 benefited from YEKDEM. Noting that 1 billion kilowatt-hours of electricity are sold through YEKDEM in 10 months of the year with these wind power plants, Er said, “YEKDEM prices are 94 dollars per megawatt hour in our Ovacik WPP and Geyve WPP projects, and 73 dollars per megawatt hour in our other power plants. However, electricity prices in the free market are on average in this 10-month period. It amounted to $138.46 per megawatt hour.” used the phrases. Er stated that the average sales prices of the power plants in the YEKDEM portfolio throughout Turkey vary monthly, but are in the range of 90 to 100 dollars per megawatt hour, and made the following assessments: “As the sales price of the YEKDEM power plant portfolio is below the average of electricity prices in the free market, “It contributes to reducing electricity costs. Therefore, it positively affects the electricity usage cost of the end consumer. In addition, most of the power plants within the scope of YEKDEM try to sell their entire production regardless of price, since they do not have fuel and similar raw material costs. This contributes to the decrease in free market prices.”

Anton Kovačić Administrator

A professional writer by day, a tech-nerd by night, with a love for all things money.

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