Our View
Over the past decade, Turkey’s energy law and regulatory framework has undergone significant transformation as part of its efforts to align with international and Western market standards. These changes have given rise to a highly dynamic and often volatile market environment.
The energy law and regulatory framework governing the energy industry, comprising various laws, secondary legislation, communiqués and administrative decisions, is complex to navigate, particularly for private sector actors unfamiliar with local regulations. The Energy Market Regulatory Authority (EPDK) has broad powers to impose substantial administrative fines for a range of regulatory violations, which can pose a significant deterrent, especially for foreign investors seeking to enter the Turkish energy market.
With extensive knowledge and hands-on experience, particularly in the renewables sector, we offer full-service legal support to help clients successfully navigate the applicable regulatory rules and procedures, and ensure timely and compliant operation in the Turkish energy landscape.
Our Services
Through our specialized energy law team, we provide tailored legal services including: drafting and negotiation of energy-related agreements such as EFET agreements, electricity supply contracts, eligible consumer agreements, balancing responsibility agreements, bilateral trading contracts, and more complex instruments such as Engineering, Procurement, and Construction (EPC) Agreements, and Operation, Maintenance, and Revenue Sharing Agreements; structuring and financing of energy projects; legal due diligence on energy investments; energy-sector mergers and acquisitions; corporate structuring and governance for energy companies; licensing and regulatory filings before the relevant authorities; full compliance advisory with sectoral regulations; general advisory on Turkish energy law and market entry strategies for foreign investors; and settlement of disputes before administrative and judicial authorities.
Further Resources
Key Changes to Turkey’s Electricity Market: New Aggregator Licenses Explained