The world’s first hybrid combined-cycle power plant, developed by General Electric and California-based eSolar, will not be built in the US or Europe. Instead, MetCap Energy Investments is launching the groundbreaking €450m project in the central Turkish province of Karaman. Revolutionary technology that combines natural gas with wind and solar...
Long-time aspirations to become an energy corridor are now within Turkey’s grasp. A raft of pipeline projects and a grand canal have been proposed, with hopes these projects will be under way soon. Turkey’s location between the hydrocarbons-rich Middle East and Eurasian regions and energy-hungry Western markets makes it a key player in energy trade...
With so many proposed supply routes on the drawing board and its position as a key transit route secure, Turkey waits to see who will pull the trigger first. When it comes to hydrocarbons, geography is destiny. Despite its limited domestic supplies, the adage also rings true for Turkey. With some of the world’s largest oil and natural gas reserves...
Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point that many Turks regard as an extension of its influence in Ottoman times. Following a devastating banking crisis and economic...
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