Does The Debate About The Energy Transition Need Fundamental Change?

Does The Debate About The Energy Transition Need Fundamental Change?

KARAPINAR, TURKEY - DECEMBER 02: Employees install new solar panels at the Kalyon Energy's Karapinar ... [+] Solar Power Plant on December 02, 2021 in Karapinar, Turkey. Kalyon is building Turkey's largest solar panel plant currently operating at 44 percent capacity. The 1. 35 gigawatts (GW) Karapinar solar project will deliver clean electricity to approximately two million Turkish households when completed in late 2022. In October, Turkey ratified the Paris Climate Agreement, becoming the last country in the G-20 group to do so and setting an aim for net-zero emissions by 2053 and a focus on new climate initiatives. However, gas and coal continue to be the primary fuel sources in the energy sector, forcing the government to shift towards renewables, such as geothermal, hydropower, wind and solar energy. Over recent years, Turkey has increased installed capacity of renewable sources of energy as it endeavors to cut its near total dependence on imported petroleum products. Oil and gas imports, much of which are used to generate electricity, have become a significant strain on foreign exchange reserves especially as the country deals with a dire economic crisis with the Turkish lira losing more than 40 percent of its value against the