The Turkish government has allocated US$16 billion to developing the country’s hydroelectric power sector through 2018, per Turkey’s recently announced 10th Development Plan.
The country’s state press service, Anadolu Agency, said the $50 billion plan is intended to diversify the country’s power generating portfolio, with allocations for nuclear, coal and natural gas facilities also included.
HRW-Hydro Review Worldwide magazine reported this past year that Turkey’s demand for power is growing at a rate of about 7% per year. The country’s geography has made it a hotbed for hydropower development, with a number of significant projects currently being constructed.
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