Each asset type earns under different market rules. Choose your asset to see the deciding issues, the rules that apply in 2026 and the solutions that fit.
How do I protect revenue against falling midday prices?
ViewHow do I reduce the cost of forecast errors?
ViewHow do I use my water in the most valuable hours?
ViewWhich market should my battery capacity go to?
ViewHow do I run generation and storage as one asset?
ViewWhat changed for my netting plant or one past 10 years?
ViewSolar capacity reached 27,914 MW in August 2026. Because every solar plant generates in the same hours, midday prices fall: in April 2026 the average PTF at 12:00 was 99 TL/MWh and at 19:00 3,129 TL/MWh.
A solar plant’s revenue now depends less on how many MWh it produces than on the price at which it sells them. Managing the capture price means planning the sales channel, tenor and, where useful, storage together.
A solar plant’s weighted sales price can fall well below the daily average PTF. Contract and forward structures should account for this gap.
For YEK-certified plants commissioned between 1 July 2021 and 31 December 2030, the YEKDEM price applies in TL within a US dollar floor and cap. Which channel is worth more should be reviewed every year.
On a sunny noon most plants in a region deviate the same way. Under the 2026 coefficients, deviation with the system is priced at 6% and against it at 3%.
A battery shifts midday output into the evening and captures output above the connection limit. Its economics depend on spreads and ancillary depth.
Wind capacity stood at 15,434 MW at the end of August 2026. Wind can generate at any hour but is harder to forecast than solar. Every gap between forecast and actual output is deducted from revenue as imbalance and KÜPST.
For a wind farm, forecast accuracy, intraday correction and portfolio netting decide much of the revenue, more than the market price itself.
Correcting the position on the intraday market with an updated forecast reduces the volume left to imbalance.
Imbalance is priced off PTF and SMF. Deviations beyond the tolerance band of the final schedule also incur KÜPST.
Deviations of plants in different regions and technologies offset each other. A balancing group or aggregator portfolio turns this into revenue.
Solar can be added to a wind site as an auxiliary source. Plants whose main source is wind are exempt from the 100 MW limit on auxiliary sources.
Hydro is Türkiye’s largest source of installed capacity at 32,331 MW. A reservoir plant is a flexible asset that can shift output into the highest-priced hours and take part in balancing and ancillary services.
Run-of-river plants have limited flexibility and higher hydrological risk. In both cases annual output depends on rainfall, so volume risk sits at the centre of the sales strategy.
Water used at the evening peak rather than at low midday prices earns more for the same MWh. Day-ahead bids are built around this allocation.
Fast-responding hydro plants can take up/down instructions and frequency control reserves. Today hydro and gas plants provide a large share of primary and secondary reserves.
Output falls in a dry year. Forward sales should be limited to output expected with confidence and layered over time.
Hydro plants whose ten-year YEKDEM period ends must set their own sales channel. The transition should be planned before the end date.
A standalone storage facility is a battery connected directly to the grid without being tied to a generation or consumption site. It can be built under a supply or aggregator licence with at least 2 MW of installed capacity.
Its revenue depends on where capacity is placed each hour across day-ahead and intraday arbitrage, frequency control reserves and the balancing market. The same megawatt cannot be sold twice in the same hour.
Arbitrage, primary and secondary control and balancing exclude each other. Capacity is allocated hour by hour by comparing expected value and risk.
Frequency reserve is capped by system need: in the week of 27 April – 3 May 2026 the average hourly primary reserve was 274 MW and secondary 942 MW. As storage grows this revenue is shared.
Every cycle wears the battery. Trading decisions respect annual cycle and state-of-charge limits in the warranty.
Connection configuration and licence amendment shape the commercial model directly. Energy injected is capped by the accepted electrical capacity.
Under the storage-integrated generation model, an investor committing to build storage can apply directly to EPDK for a pre-licence, without a TEİAŞ tender, for wind or solar capacity equal to the storage capacity.
As of July 2026, 568 storage-integrated projects with 28,592 MW had completed the pre-licence process; 82 projects (17 wind, 65 solar) received generation licences totalling 3,538 MW and 8 plants were commissioned. In multi-source (hybrid) plants, different sources share one connection point.
Generation and storage share one connection limit. Midday output above the limit is sent to the battery instead of being lost.
Energy drawn from the grid into storage and fed back does not benefit from the plant’s incentives or purchase guarantees. This must be reflected correctly in metering and settlement.
Generation needs predictable revenue; storage needs hourly optimisation. Pricing both correctly in one contract is the basis of revenue.
In fully renewable combined plants, net energy fed to the grid is valued under YEKDEM at the lowest of the applicable source prices for the remaining period.
Following the regulation amendment of 2 April 2026, unlicensed generation has been netted hourly since 1 May 2026; residential subscribers continue with monthly netting. Revenue now depends on the balance of generation and consumption in each hour rather than monthly totals.
For plants that completed their 10-year YEKDEM period, Presidential Decision 11415 of 13 June 2026 set a new purchase price: 90% of the current YEKDEM price for licensed plants, capped at the hourly PTF.
Generation and consumption net separately every hour. The value of energy fed to the grid in hours without consumption follows that hour’s rules.
The incumbent supplier must buy the eligible energy. Plants at the same metering point as consumption can sell all output; plants at a different point can sell only the surplus.
Following the Constitutional Court decision, the licence fee provision expires on 10 December 2026; without new legislation the route from unlicensed to licensed generation lapses.
Since 1 January 2026, storage built by unlicensed generation plants is a separate category subject to the conditions of the Unlicensed Generation Regulation.
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