Energy & Industry· 6 Nov 2026
Türkiye outlines National Energy Plan 2040 targeting up to $500B investment
Türkiye’s Energy and Natural Resources Minister Alparslan Bayraktar presented the National Energy Plan 2040 in Istanbul on Nov. 5, 2026, days before COP31 in Antalya. The plan targets as much as $500 billion in investment by 2040 and focuses on electrification, domestic production, renewables, nuclear capacity and energy independence. It includes a 36% electrification target for 2040 and projects electricity demand rising from 365 TWh in 2025 to 680 TWh in 2040.
What it means for companies
The source states that around $210 billion of the planned investment would come from the public sector or public companies, while the remainder would come from independent power producers and companies investing in infrastructure, distribution systems and transmission systems, including foreign companies and investment.
The plan sets targets of 36% electrification by 2040, electricity demand rising from 365 TWh in 2025 to 680 TWh in 2040, 10 GW of nuclear capacity and renewables reaching 77% of total installed capacity by 2040.
The strategy builds on five key areas: energy efficiency, nuclear energy, renewables, oil and gas and mining.
Source: Daily Sabah (6 Nov 2026). This summary is for information only and is not tax, legal or investment advice.
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