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    World Bank: Flipping the Switch: Supporting Turkey's Growing Energy Sector

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Summary

Energy consumption is expected to grow in Turkey and the government is addressing this situation through an ongoing liberalization and privatization program in the energy sector.

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Press Notes

World Bank: Flipping the Switch: Supporting Turkey's Growing Energy Sector

The energy sector remains one of the most important sectors for the Turkish economy. Energy generation, energy security, energy efficiency, and climate change mitigation are just some of the many facets influencing the dynamic efforts being carried out by Turkish officials as they work to meet the country’s energy demands.

As the sector expands, policy makers in the country are working toward the complementary goals of increasing the energy production – and security – in the country, while simultaneously mitigating the potential impacts of climate change.

Faced with this challenge of providing more energy that is not only affordable and reliable, but clean as well, the country is looking at ways to further engage the private sector in meeting this challenge. In doing so, the country is also deepening its cooperation with international institutions such as the World Bank Group. MORE