New Presidential Decision on YEKDEM Feed-in Rates

Posted in Energy

Renewable energy legislation amended in December 2020 gives the President the authority to announce new Turkish Lira denominated renewable energy support mechanism (“YEKDEM”) feed-in rates for facilities becoming operational after June 30, 2021. A Presidential Decision dated January 30, 2021 announced the applicable rates.

Electricity generation facilities holding a renewable energy resource certification that will become operational between July 1, 2021 and December 31, 2025 will benefit from the following feed-in tariff rates for a period of ten years and a period of five years for the additional domestic component incentive:

Rates specified in the table above will be updated on a quarterly basis with the first update to be announced on April 1, 2021.

The Decision also caps, in US Dollars, the feed-in rates for each power source category as follows:

Electricity generation facilities which will be operational before July 1, 2021 are able to benefit from the current feed-in rates, denominated in US dollars, which are higher than both the recently announced Turkish Lira rates and also the capped rates shown above.

Feed-in rates effective until July 1, 2021:

There are also additional incentives for the use of domestically-manufactured components.

Click here to access our energy round-up for a detailed review of changes made to the renewable energy legislation in 2020.


Turkey offers significant growth potential to international investors and developers, in addition to domestic businesses. Our understanding of the legal, economic and political landscape in Turkey is second to none and we understand that changes impacting your business can arise rapidly and vary significantly across the region.

Through Inside Turkey, we aim to keep you updated on domestic and international developments, as well as providing insights into how to navigate the current market across key industry sectors. Inside Turkey will also feature legal developments outside of Turkey that affect Turkish companies doing business abroad.

Blog Network