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Our company did not apply to EMRA (Energy Market Regulatory Authority) for 2023 calendar year for Göktaş 1-2 Hydroelectric Power Plant, Akıncı Hydroelectric Power Plant and Uşak Wind Power Plant, which are among our power plants that have the right to the "Renewable Energy Resources Support Mechanism (YEKDEM/FIT)" established for the facilities generating electricity from renewable energy sources and providing a fixed price guarantee in US Dollars. So, our Company preferred to switch to the spot market for these 4 power plants with a total installed power of 436.1 MW. This result corresponds to 59.8% of our power plants with a total installed power of 729.59 MW, which is currently operating within the scope of FIT, and 42.8% of our total installed power of 1019.48 MW. The remaining 6 of our power plants, which are operating within the scope of FIT, with a total installed power of 293.49 MW, will continue to use their FIT rights in 2023.
Our company has the right to make a new assessment at the end of 2023 and make a new decision for the following year according to the developments during the year.
Respectfully announced to the public.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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