Hydro Power Market Outlook in Turkey to 2020 - Capacity, Generation, Regulations, Key Power Plants, and Key Companies

Introduction

GlobalData’s renewable energy offering, “Hydro Power Market Outlook in Turkey to 2020 – Capacity, Generation, Regulations, Key Power Plants and Key Companies” gives a view of Turkey’s hydro energy market and provides forecasts to 2020. This report includes information on hydro installed capacity and generation. It provides information on key trends, profiles of major industry participants, information on major hydro power plants and analysis of important deals. This, along with detailed information on the regulatory framework and key policies governing the industry, provides a comprehensive understanding of the market for hydro power in the country.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

Scope

- Brief introduction to the overall power and renewable energy market, highlighting the fuel types – thermal, hydro, wind, nuclear, solar PV, solar thermal and biomass.
- Data provided historically from 2001 to 2009, forecast to 2020.
- Data on installed capacity and power generation.
- List of major current and upcoming Hydro Power Plants.
- Key Hydro Companies
- Policy and regulatory framework governing the market.
- Deals in the hydro power market for the past year. Deals analyzed on the basis of M&A, Partnership, Asset Financing, Debt Offering, Equity Offering and PE/VC.

Highlights

Reasons to buy

- Identify key growth and investment opportunities in the country's hydro power market
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Understand and respond to your competitors’ business structure, strategy and prospects
- Facilitate decision-making based on strong historic and forecast data, deal analysis and recent developments
- Develop strategies based on the latest operational and regulatory events
- Identify key deals providing understanding of the mergers and partnerships that have shaped the market

Report Highlights
Akenerji Elektrik Uretim A.S
Alstom Hydro
Andritz AG
Limak Holding A.S.
Nurol Holding Inc.,
[Studien Infos ausblenden]

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Executive Summary 12
2.1 Global Hydro Market – Growth Momentum to Accelerate 12
2.2 Turkey Power Market – Thermal Power Share to Decline in Overall Power Generation Mix 12
2.3 Turkey Renewable Market – Share of Hydro Power to Decline in Renewable Power Mix 13
2.4 Turkey Hydro Power Market – Installed Capacity to Continue Growth Momentum 13
2.5 Turkey Hydro Power Deals Market – Witnessing Rapid Growth in Deal Value 13
3 Global Power Market Scenario: 2001-2020 14
4 Global Renewable Market Scenario, 2001-2020 19
4.1 Global Carbon Emission, Overview 22
5 Global Hydro Power Market: 2001 to 2020 24
5.1 Global Hydro Power Market, Cumulative Installed Capacity, MW, 2001-2020 24
5.2 Global Hydro Power Market, Power Generation, GWh, 2001-2020 26
6 Turkey Power Market Scenario, 2001-2020 29
6.1 Overview 29
6.2 Turkey Power Market, Installed Capacity by Fuel Type, 2001-2020 29
6.3 Turkey Power Market, Power Generation by Fuel Type, 2001-2020 31
7 Turkey Renewable Power Market Trends 2001 to 2020 34
7.1 Turkey Renewable Power Market including Hydro, Installed Capacity, MW, 2001-2020 34
7.2 Turkey Renewable Power Market, Power Generation, GWh, 2001-2020 36
8 Turkey Hydro Market: 2001-2020 39
8.1 Turkey Hydro Market, Cumulative Installed Capacity, MW, 2001-2020 39
8.2 Turkey Hydro Power Market, Power Generation, GWh, 2001-2020 40
8.3 Turkey Hydro Power Market, Top Active Hydro Power Plants, 2009 42
9 Turkey, Major Policies and Market Instruments Supporting Renewables 43
9.1 Turkey Renewable Energy, Major Policies and Incentives 43
9.1.1 Use of Renewable Energy Resources for the Generation of Electrical Energy (Law No. 5346) 43
9.1.2 Electricity Market Licensing Regulation 44
9.1.3 Energy Efficiency Law, 2007 (Law No. 5627) 44
9.1.4 Regulation on Increasing Efficiency in the Use of Energy Resources and Energy 46
9.2 Turkey Geothermal, Major Policies and Incentives 48
9.2.1 Law on Geothermal Resources and Natural Mineral Water (the Geothermal Law) 48
9.2.2 Incentives Provided Through the Renewable Energy Law 48
10 Turkey Hydro Market, Deals Market Trends, 2009 49
10.1 Turkey Hydro Market, Deals Value versus Deal Volume Analysis, 2006-2009 49
10.2 Turkey Hydro Market, Major Deals, 2008-2010 50
10.2.1 Sanko Invests $120 Million for Cevizlik Hydroelectric Power Plant, Turkey 50
10.2.2 Akenerji to Invest $124 Million for Akocak Hydro Power Plant in Instanbul, Turkey 50
10.2.3 Statkraft Completes Project Financing for Hydro Power Plant in Adana province, Turkey 51
10.2.4 Akfen Holding Completes Project Financing Of $180 Million for Hydro Power Projects, Turkey 52
10.2.5 Energo-Pro Acquires Five Hydroelectric Plants for $417 Million from Turkon-Mng 53
10.2.6 Reservoir Announces Project Financing For Acquisition of Six Hydro Projects in Turkey 54
10.2.7 Dogan Sirketler Completes Project Financing Of $750 Million for Boyabat Hydro Project, Turkey 55
10.2.8 MEM Energy Electricity Completes Project Financing Of $120 Million for Hydro Power Projects 56
10.2.9 Government of Turkey Completes Project Financing For Ermenek Hydroelectric Power Plant in Karaman, Turkey 57
10.2.10 Turkish Electromechanics to Invest $120 Million in Dokhes Hydro Power Plant, Turkey 58
10.2.11 Fersa Energias Renovables Forms Joint Venture with Saran Holding 58
10.2.12 Grupo Essentium Completes Project Financing Of $60 Million for Four New Hydroelectric Plants, Turkey 59
10.2.13 Limak Holding Completes Project Financing Of $350 Million for Alkumru Hydro Power Plant in Anatolia, Turkey 60
10.2.14 Statkraft Acquires 95% Stake in Yesil Enerji from Global Investment 61
10.2.15 Statkraft Completes Acquisition of Portfolio of Hydro Power Projects, Turkey 62
10.2.16 Statkraft Acquires 95% Interest in Yesil Enerji from Global Investment 63
10.2.17 EnBW Enters Into Partnership with Borusan Holding 64
10.2.18 CEZ Acquires 37% Stake in Akenerji Elektrik Uretim 65
10.2.19 Cogentrix Energy Enters Inot A Joint Venture Agreement with Tasyapi Enerji 66
10.2.20 Enerjisa Enerji Uretim Completes Project Financing Of $1,772 Million for Hydroelectric Power Plants, Turkey 67
10.2.21 Global Investment Completes Rights Offering Of $223 Million 69
10.2.22 Zorlu Enerji Elektrik Acquires Nine Power Plants for $510 Million from Ankara Dogal Elektrik 70
10.2.23 RWE AG Forms Joint Venture with a Turkish Energy Producer 71
11 Company Snapshot: Akenerji Elektrik Uretim A.S 72
11.1 Company Overview 72
11.2 Business Overview 72
11.3 Akenerji Elektrik Uretim A.S, Major Products and Services 73
11.4 SWOT Analysis 73
11.4.1 Overview 73
11.5 Akenerji Elektrik Uretim A.S. Strengths 74
11.5.1 Market Leadership 74
11.5.2 Strong Asset Portfolio 75
11.5.3 Reliability and Accountability 75
11.5.4 Biggest players in energy generation 75
11.6 Akenerji Elektrik Uretim A.S. Weaknesses 75
11.6.1 Dependence on Natural Gas 75
11.6.2 Limited Investor Confidence 75
11.6.3 Declining Market Share in Sector 75
11.6.4 Declining Operating Margin 76
11.6.5 Limited Liquidity Position 76
11.6.6 Low Return on Equity 76
11.7 Akenerji Elektrik Uretim A.S. Opportunities 76
11.7.1 Strategic Partnership 76
11.7.2 Acquisition of SEDAS Distribution Network 77
11.7.3 Growing Electricity Demands 77
11.7.4 New Project Developments 77
11.8 Akenerji Elektrik Uretim A.S. Threats 77
11.8.1 Highly Competitive Market 77
11.8.2 Declining Turkey Economy 78
11.8.3 Government Regulations 78
11.8.4 Reduction in Fossil Fuel Reserves 78
11.9 Competitors 78
11.10 Locations and Subsidiaries 79
11.11 Head Office 79
11.12 Other Locations & Subsidiaries 79
12 Company Snapshot: Alstom Hydro 80
12.1 Alstom Hydro - Company Overview: 80
12.2 Alstom Hydro - Major Products and Services 80
12.3 Competitors 80
12.4 Locations and Subsidiaries 80
12.4.1 Head Office 80
13 Company Snapshot: Andritz AG 82
13.1 Company Overview 82
13.2 Business Description 82
13.2.1 Business Overview 82
13.3 Environment and Process 82
13.3.1 Overview 82
13.3.2 Production 83
13.3.3 Financials 83
13.3.4 Capital Expenditure 83
13.3.5 Market View 83
13.3.6 Key Strategies 83
13.4 Feed and Biofuel 84
13.4.1 Overview 84
13.4.2 Production 84
13.4.3 Financials 84
13.4.4 Capital Expenditure 85
13.4.5 Market View 85
13.4.6 Key Strategies 86
13.5 Hydro Power 86
13.5.1 Overview 86
13.5.2 Production 86
13.5.3 Financials 86
13.5.4 Capital Expenditure 86
13.5.5 Market View 86
13.5.6 Key Strategies 87
13.6 Metal 87
13.6.1 Overview 87
13.6.2 Production 88
13.6.3 Financials 88
13.6.4 Capital Expenditure 88
13.6.5 Market View 88
13.6.6 Key Strategies 88
13.7 Pulp and Paper 88
13.7.1 Overview 88
13.7.2 Production 89
13.7.3 Financials 89
13.7.4 Capital Expenditure 89
13.7.5 Market View 89
13.7.6 Key Strategies 89
13.8 Andritz AG, Major Products and Services 90
13.9 SWOT Analysis 93
13.9.1 Overview 93
13.10 Andritz AG Strengths 93
13.10.1 Diversified Operations 93
13.10.2 Global Presence 94
13.10.3 Strong Performance of Hydro Segment 94
13.11 Andritz AG Weaknesses 95
13.11.1 Legal Proceedings 95
13.11.2 Decreased Profitability 95
13.11.3 Lower Returns 95
13.12 Andritz AG Opportunities 95
13.12.1 Strategic Acquisitions 95
13.12.2 Growing Importance of Environment Protection 96
13.12.3 Higher Growth Prospects in Hydro Power Sector 96
13.13 Andritz AG Threats 97
13.13.1 Unfavorable Business Environment 97
13.13.2 Volatility of Incoming Orders 97
13.13.3 Intense Competition 97
13.14 Competitors 98
13.15 Locations and Subsidiaries 98
13.15.1 Head Office 98
13.15.2 Other Locations & Subsidiaries 98
14 Company Snapshot: Limak Holding A.S. 101
14.1 Company Overview 101
14.2 Limak Holding A.S, Major Products and Services 101
14.3 Competitors 101
14.4 Locations And Subsidiaries 102
14.4.1 Head Office 102
14.4.2 Other Locations & Subsidiaries 102
15 Company Snapshot: Nurol Holding Inc., 103
15.1 Company Overview 103
15.2 Business Description 103
15.2.1 Business Overview 103
15.3 Nurol Holding Inc, Major Products and Services 105
15.4 SWOT Analysis 105
15.4.1 Overview 105
15.5 Nurol Holding Inc. Strengths 106
15.5.1 Improving Operating Margins 106
15.5.2 Wide Range of Businesses 106
15.5.3 Efficient Use of Resources 107
15.6 Nurol Holding Inc. Weaknesses 107
15.6.1 Low Focus on High Growth Segments 107
15.6.2 Declining Liquidity 107
15.7 Nurol Holding Inc. Opportunities 107
15.7.1 Economic Stimulus Package in Turkey 107
15.7.2 Investments in Non Conventional Energy Segments 108
15.7.3 Investments in Water and Wastewater Sector 108
15.8 Nurol Holding Inc. Threats 108
15.8.1 Vulnerable Turkish Economy 108
15.9 Competitors 109
15.10 Locations And Subsidiaries 109
15.10.1 Head Office 109
15.10.2 Other Locations & Subsidiaries 110
16 Appendix 111
16.1 Abbreviations 111
16.2 GlobalData’s Methodology 112
16.3 Coverage 112
16.4 Secondary Research 112
16.5 Primary Research 113
16.6 Expert Panel Validation 113
16.7 Contact Us 113
16.8 Disclaimer 114
[Inhaltsverzeichnis ausblenden]

LIST OF TABLES

1.1 List of Tables
Table 1: Global Power Market, Installed Capacity by Technologies (MW), 2001 – 2020 15
Table 2: Global Renewable Power Market Installed Capacity (MW), 2001 – 2020 20
Table 3: Global Hydro Power Market, Cumulative Installed Capacity, MW, 2001-2020 26
Table 4: Global Hydro Market, Power Generation, GWh, 2001-2020 28
Table 5: Turkey Power Market, Installed Capacity by Fuel Type, MW, 2001-2020 31
Table 6: Turkey Power Market, Power Generation by Fuel Type, GWh, 2001-2020 33
Table 7: Turkey Renewable Power Market Including Hydro, Cumulative Installed Capacity, MW, 2001-2020 36
Table 8: Turkey Renewable Power Market Including Hydro, Power Generation, GWh, 2001-2020 38
Table 9: Turkey Hydro Power Market, Cumulative Installed Capacity, MW, 2001-2020 40
Table 10: Turkey ydroHydroHy Hydro Power Market, Power Generation, GWh, 2001-2020 42
Table 11: Turkey Hydro Power Market, Top Active Hydro Power Plants, 2009 42
Table 12: Turkey Hydro Market, Deal Value versus Deal Volume Analysis, 2006-2009 49
Table 13: Sanko Invests $120 Million For Cevizlik Hydroelectric Power Plant, Turkey 50
Table 14: Akenerji To Invest $124 Million For Akocak Hydro Power Plant In Instanbul, Turkey 50
Table 15: Statkraft Completes Project Financing For Hydro Power Plant In Adana province, Turkey 51
Table 16: Akfen Holding Completes Project Financing Of $180 Million For Hydro Power Projects, Turkey 52
Table 17: Energo-Pro Acquires Five Hydroelectric Plants For $417 Million From Turkon-Mng 53
Table 18: Reservoir Announces Project Financing For Acquisition Of Six Hydro Projects In Turkey 54
Table 19: Dogan Sirketler Completes Project Financing Of $750 Million For Boyabat Hydro Project, Turkey 55
Table 20: MEM Energy Electricity Completes Project Financing Of $120 Million For Hydro Power Projects 56
Table 21: Government Of Turkey Completes Project Financing For Ermenek Hydroelectric Power Plant In Karaman, Turkey 57
Table 22: Turkish Electromechanics To Invest $120 Million In Dokhes Hydro Power Plant, Turkey 58
Table 23: Fersa Energias Renovables Forms Joint Venture With Saran Holding 58
Table 24: Grupo Essentium Completes Project Financing Of $60 Million For Four New Hydroelectric Plants, Turkey 59
Table 25: Limak Holding Completes Project Financing Of $350 Million For Alkumru Hydro Power Plant In Anatolia, Turkey 60
Table 26: Statkraft Acquires 95% Stake In Yesil Enerji From Global Investment 61
Table 27: Statkraft Completes Acquisition Of Portfolio Of Hydro Power Projects, Turkey 62
Table 28: Statkraft Acquires 95% Interest In Yesil Enerji From Global Investment 63
Table 29: EnBW Enters Into Partnership With Borusan Holding 64
Table 30: CEZ Acquires 37% Stake In Akenerji Elektrik Uretim 65
Table 31: Cogentrix Energy Enters Inot A Joint Venture Agreement With Tasyapi Enerji 66
Table 32: Enerjisa Enerji Uretim Completes Project Financing Of $1,772 Million For Hydroelectric Power Plants, Turkey 67
Table 33: Global Investment Completes Rights Offering Of $223 Million 69
Table 34: Zorlu Enerji Elektrik Acquires Nine Power Plants For $510 Million From Ankara Dogal Elektrik 70
Table 35: RWE AG Forms Joint Venture With A Turkish Energy Producer 71
Table 36: Akenerji Elektrik Uretim A.S. Major Products and Services 73
Table 37: Akenerji Elektrik Uretim A.S., SWOT Analysis 74
Table 38: Akenerji Elektrik Uretim A.S., Other Locations 79
Table 39: Alstom Hydro ,Major Products and Services 80
Table 40: Andritz AG, Major Products and Services 90
Table 41: Andritz AG, SWOT Analysis 93
Table 42: Andritz AG, Other Locations 98
Table 43: Andritz AG, Subsidiaries 99
Table 44: Limak Holding A.S, Major Products and Services 101
Table 45: Limak Holding A.S., Other Locations 102
Table 46: Nurol Holding Inc., Major Products and Services 105
Table 47: Nurol Holding Inc., SWOT Analysis 106
Table 48: Nurol Holding Inc., Subsidiaries 110
Table 49: Abbreviations 111
LIST OF FIGURES

1.2 List of Figures
Figure 1: Global Hydro Market, Cumulative Installed Capacity, MW, 2001-2020 12
Figure 2: Global Power Market, Installed Capacity by Technologies (MW), 2001 - 2020 14
Figure 3: Global Power Market, Installed Capacity Split by Technologies (MW), 2009 16
Figure 4: Global Renewable Power Market Installed Capacity (MW), 2001 – 2020 19
Figure 5: Global Renewable Power Market Installed Capacity Spilt by Technology (MW), 2009 21
Figure 6: Global Hydro Power Market, Cumulative Installed Capacity, MW, 2001-2020 25
Figure 7: Global Hydro Market. Power Generation, GWh, 2001-2020 27
Figure 8: Turkey Power Market, Installed Capacity by Fuel Type, MW, 2001-2020 30
Figure 9: Turkey Power Market, Power Generation by Fuel Type, GWh, 2001-2020 32
Figure 10: Turkey Renewable Power Market Including Hydro, Cumulative Installed Capacity, MW, 2001-2020 35
Figure 11: Turkey Renewable Power Market Including Hydro, Power Generation, GWh, 2001-2020 37
Figure 12: Turkey Hydro Power Market, Cumulative Installed Capacity, MW, 2001-2020 39
Figure 13: Turkey Hydro Power Market, Power Generation, GWh, 2001-2020 41
Figure 14: Turkey Hydro Market, Deal Value versus Deal Volume Analysis, 2006-2009 49
[Tabellenverzeichnis ausblenden]