Enel Green Power has reached an agreement with the Turkish group Uzun for the development of geothermal plants in Turkey. The new company will hold a package of 142 exploration licenses in the west of the country, where it will carry out surface and deep exploration activities with the aim of finding geothermal resources suitable for the generation of electricity and heat.
The government's five-year plan through 2015 envisages the development of an additional 600 MW of installed capacity for electricity generation. With the introduction of the law of December 29, 2010 governing the system of incentives for the production of electricity from renewable resources, the Turkish legislative and regulatory framework provides for a 10 year-incentive that varies depending on the energy resource involved, complemented by a further incentive for the first 5 years if the equipment used is manufactured in Turkey.