Energy sector governance in Turkmenistan is carried out by the executive branch of the government, overseen by the president of the country. The General Energy Policy of Turkmenistan is part of Turkmenistan’s 2030 Socio-economic Strategy, aiming at increasing the country’s power generation capacity by a third from 2011 to 2020, and 100% by 2030, which it aims to achieve by the complete modernisation of its major power generation units. In October 2006, Turkmenistan adopted the Oil and Gas Development Plan for 2007- 2030, aiming for a significant increase in oil and gas production and exports. Over the last decade Turkmenistan has diversified its natural gas output and export routes, diminishing its reliance on transit through Russia. It is currently negotiating further diversification of natural gas exports to the South Asian and European markets in addition to its large export undertakings to China.
The region near the Caspian Sea holds the highest wind potential along with the large desert zone. In total, approximately 40% of the territory holds wind energy potential suitable for power generation. It is estimated that 10 GW could be developed in the medium term and potentially 500 GW in the long term. Such quantities may even rival the country’s natural gas reserves.
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, nuclear sources, and connecting connecting to the power infrastructure of Commonwealth Independent States (CIS). Turkmenistan aims to increase its power generation from about 19 TWh in 2011 to 27 TWh in 2020 and to 35.5 TWh by 2030. To achieve the goal, gas turbine combined cycle power plants with total capacity of XXX MW and renewable power plants with XXXX MW capacity are scheduled to be built during this period.
- Snapshot of the country’s renewable and wind power sector across parameters - country overview, current power and wind power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed wind power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of wind power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. wind) and nuclear
- Data on key issues witnessed in the Turkmenistan wind power sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s wind power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 TURKMENISTAN WIND POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Wind Power Market in Turkmenistan
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Wind Power Capacity and Revenue
3.6 Annual Installed Wind Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Wind Resource Map of Turkmenistan
Chart 2: Share of Wind Power from Total Installed Power Generation Capacity in Turkmenistan in 2016
Chart 3: Turkmenistan Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Turkmenistan Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Turkmenistan
Chart 6: Cumulative (CAGR) Installed Capacity of Wind Power Plants in Turkmenistan (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Wind Power Plants in Turkmenistan (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Wind Power Plants in Turkmenistan (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Wind Power Plants in Turkmenistan (in Millions USD) 2012 ÷ 2017, including forecast