Targets related to the geothermal sector have been included in the Medium Term Program (MTP) of Turkey, as recently announced by President Recep Tayyip Erdogan. The emphasis on geothermal energy and agricultural policies is striking, eliciting positive reactions from the geothermal and related sectors.
The Medium Term Program (MTP) covers the economic targets of Turkey for the 2024-2026 period. It came into force after being published in the Official Gazette dated September 6, 2023. The document sets targets to increase the agricultural production of Turkey, which also happens to also have a wealth of geothermal resources.
As published in Dunya Newspaper, Isinsu Kestelli, President of Izmir Commodity Exchange, said, “In the Medium Term program, turning to alternative energy sources to meet agricultural energy needs, supporting urban agriculture, and preparing the Production-Export-Import Consolidation Program for product-based supply risks are satisfactory developments for the sector.”
“I find it extremely positive that steps are being taken for the re-increasing of the agricultural lands that have suffered serious losses in the last 30-40 years, production planning by determining target sufficiency rates in strategic agricultural products, and increasing the number of geothermal energy-based greenhouse organized agricultural zones.” Kestelli further said.
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