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Friday, July 31, 2009

Turkish Wind Energy Growing Fast with Feed-In-Tariff in the Pipeline | Green Business | Reuters

"Turkish Wind Energy Growing Fast with Feed-In-Tariff in the Pipeline

By Levent Bas

The Turkish Statistical Institute announced that the Turkish economy shrank 13.8% and that the unemployment rate increased to 14.9% in the first quarter. Despite these difficult economic conditions, the Turkish wind industry is still one of the fastest growing industries in the country. One reason is that Turkey may face electricity shortages in the near future, furthermore Turkey has just ratified [the] Kyoto agreement which is going to result in carbon emission reduction targets for the post 2013 period."

More:Turkish Wind Energy Growing Fast with Feed-In-Tariff in the Pipeline | Green Business | Reuters