Electricity Generation Company (Turkey)

Electricity Generation Company
Elektrik Üretim A.Ş.
Anonim Şirket
Industry Utilities, energy
Founded 2001
Headquarters Ankara, Turkey
Key people
 Halil ALIŞ (Chairman)
Products Lignite mining, electricity generation, transmission and trading
Number of employees
 [1]
Website www.euas.gov.tr

The Electricity Generation Company (Turkish: Elektrik Üretim A.Ş.; EÜAŞ) is the largest electric power company in Turkey.[2] Owned by the government it produces and trades electricity throughout the country.[3]

History

EÜAŞ was founded by the government in 2001. Its main purpose was to plan and implement the energy policy of Turkey which, through the exploitation of the domestic products and resources, would distribute cheap electric power to all Turkish citizens. In 2018 it took over the state-owned electricity trading firm TETAS.[4]

Power plants

Of its 29GW capacity, more than a third of Turkey's total capacity of 85 GW,[5] it aims to privatize 8 fossil fuel plants with a capacity of 7GW.[2]

Pollution and deaths

As it owns Can-1 and Afşin-Elbistan coal plants and buys from private sector lignite-fired plants its coal-fired electricity is highly polluting.[6] In 2010 its coal-fired plants were responsible for over 50 thousand years of lost life and over a million working days lost.[7]

Economics

EÜAŞ (with state-owned gas and oil company BOTAŞ) is an oligopoly and sets a soft cap on electricity spot prices; whereas prices to end consumers are regulated.[8]

References

  1. ↑ "Personel Durumu". Retrieved 14 September 2018.
  2. 1 2 "Turkey's Euas misses payment to lignite-fired plants". Argus. 17 August 2018.
  3. ↑ "About EUAŞ". Retrieved 14 September 2018.
  4. ↑ "Turkey: Transitional Amendments Under Decree No. 703". Retrieved 14 September 2018.
  5. ↑ "Turkey appoints new energy minister". World Coal. 11 July 2018.
  6. ↑ "TURKEY'S COAL POLICIES RELATED TO CLIMATE CHANGE, ECONOMY AND HEALTH" (PDF). Istanbul Policy Center.
  7. ↑ "Silent Killers: Why Turkey Must Replace Coal Power Projects With Green Energy" (PDF). Greenpeace Mediterranean,.
  8. ↑ "Turkish lira tumble triggers electricity curtailment fears". ICIS. 13 August 2018.

CoalSwarm article on EÜAŞ

CoalSwarm article on TETAŞ

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