Turkey pushes energy projects despite crisis

Wednesday, October 22, 2008

BANDIRMA, Turkey, Oct 22 (Reuters) - Energy import-dependent Turkey is pressing ahead with large energy investments despite global financial woes and ongoing private sector projects will raise capacity to 62,600 megawatts from 40,000 MW.

Turkey, a major energy importer, is under pressure to increase power capacity and liberalise the sector in the face of sharply rising demand, fuelled by economic growth and a rapidly growing population.
However, the shrinking global liquidity and lessening risk appetite generated by the financial crisis has raised concerns about companies' ability to raise the necessary funding and uncertainty surrounds some projects.

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Turkey's energy dependency on Russia to rise after nuclear plant

Wednesday, October 1, 2008

Turkey faces the risk of becoming heavily dependent on Russia uranium if the recent tender for Turkey's first nuclear power plant, won by a Russian firm led consortium, is not canceled, analysts say.

Turkey's energy dependency on Russia to rise after nuclear plant

"The tender for the nuclear plant was held in order to lessen the Turkey's energy dependency to Russia, but if it is approved Turkey's dependency to Russia will be even greater," Necdet Pamir, an energy expert, told HotNewsTurkey.

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Turkey’s nuclear tender falls flat

Monday, September 29, 2008

Turkey suffered a setback in its efforts to reduce a costly dependence on energy imports on Wednesday, receiving just one bid in a tender to build the country’s first nuclear power plant.

The 4,000-megawatt plant near Mersin on the Mediterranean coast is intended to be the first of three, aimed at averting power shortages and lessening reliance on natural gas imports from Russia and Iran.

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Sole bidder in Turkey's first nuclear plant tender Atomstroyexport

Wednesday, September 24, 2008

Turkey received six envelopes in the tender for the construction of the first nuclear power plant but only one of them was a bid, the general manager of Turkey's Electricity Trade Corp (TETAS) said Wednesday.

Haci Duran Gokkaya said Russian Atomstroyexport is the sole bidder of the tender, adding the rest of the submitted envelopes were expressions of thanks.

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Anti-nuclear protestors detained in Turkey: Greenpeace

Tuesday, September 23, 2008

ANKARA (AFP) — Police detained 40 protestors Tuesday in a demonstration against government plans to build Turkey's first nuclear power plant, a day before the tender process was to open, activists said.

Several dozen members of environmental groups, among them Greenpeace, demonstrated outside the energy ministry in central Ankara, brandishing banners that read "No to nuclear."

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Turk PM sees no postponement for nuclear tender

Monday, September 22, 2008

ANKARA, Sept 22 (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Monday there was no plan to postpone a tender to build and operate Turkey's first nuclear power plant, scheduled for Wednesday.

Turkey has set a deadline of Sept. 24 for bids to build the plant at Akkuyu near Mersin on the Mediterranean coast with a capacity of 4,000 megawatts, plus or minus 25 percent.

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Safety measures underway for Turkey's first nuclear power plant

Wednesday, September 10, 2008

As Turkey prepares to build its first nuclear power plant, the Turkish Atomic Energy Agency, or TAEK, has introduced new safety measures to protect people and the environment from nuclear radiation.

Besides safety measures against radiation, accidents and their harmful impact, close supervision and sanctions fall within the scope of the draft, titled the 'Nuclear Safety Draft Regulation'. The new law would revoke licenses of companies that fail to comply with appropriate safety measures.

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RWE Is Among Bidders for Turkish Nuclear License, Dunya Says

Saturday, September 6, 2008

Sept. 5 (Bloomberg) -- RWE AG, Germany's second- biggest utility, is among 12 bidders which received tender documents to build Turkey's first nuclear-power station, the Dunya newspaper said.

RWE got the tender documents this week, Dunya said citing officials at the energy ministry. Atomic Energy of Canada Ltd., Japan's Itochu Corp. and Turkish companies Haci Omer Sabanci Holding AS and Alarko Holding As are also among the companies which received the tender documents, the newspaper reported.

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Iberdrola Interested In Bidding To Build Turkey Nuclear Plant

Wednesday, August 27, 2008

MADRID -(Dow Jones)- Spanish electricity company Iberdrola SA is considering bidding for a license to build Turkey's first nuclear power plant, a company press official confirmed Tuesday.

The official couldn't comment on whether the company is mulling a joint bid with other companies, or a stand-alone bid.

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Vinci, Suez potential bidders for Turkish nuclear license

Wednesday, August 27, 2008

Vinci SA of France, Brussels-based Suez-Tractebel SA and China Guandong Nuclear Power Group Co. are among the international companies to express interest in building Turkey's first nuclear-power station.

Representatives from the companies, which all applied for documents in the Turkish government tender, will meet with Energy Minister Hilmi Guler in the capital Ankara on Monday, the ministry's spokesman was quoted as saying by news agencies.

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