Türkiye Targets 70% of Energy Needs From Renewables by 2040

Türkiye aims to cover about 70% of its energy needs from renewable sources by 2040, Energy and Natural Resources Minister Alparslan Bayraktar said Tuesday at a ceremony marking the start of Ankara University's 2026-2027 academic year. He described the target as “very important and ambitious.”

Bayraktar said renewable investments strengthen energy security, reduce dependence on foreign supplies and support climate goals, and that Türkiye aims to invest $20 billion in energy efficiency between 2024 and 2030.

On domestic output, he said the Osman Gazi floating production platform, sent to the Sakarya Gas Field last weekend, is part of an aim to double natural gas production in the Black Sea starting in 2027. He also cited about 85,000 barrels of oil produced daily in Gabar, Şırnak.