Eksim Enerji CEO Arkın Akbay: “The need for renewable energy will increase even more”

Evaluating the first half of the renewable energy sector, Eksim Energy CEO Arkın Akbay said, “Energy consumption in our country increased by 7% at the end of July compared to the previous year. "The increase in economic recovery and climate change is gradually increasing the need for renewable energy." he said. Akbay added that they expect the share of wind and solar energy in total energy production to increase significantly by 2035.

Arkın Akbay, CEO of Eksim Energy, which draws attention with its renewable energy investments in every region of Turkey, evaluated the developments in the energy sector. Noting that Turkey's installed energy power exceeded 111 thousand megawatts in the first seven months of 2024, Akbay said, "13% of this installed power was solar energy and 11% was wind power plants. "With the strong course of economic activity in our country, the impact of the climate and the simultaneous spread of electric charging stations with electric vehicles, energy consumption increased by 7% at the end of July compared to last year." he said.

Investments will increase 4 times in 10 years

Akbay also stated that a new era will begin in the sector, especially with the introduction of renewable energy production facilities integrated with energy storage in 2026 and beyond, and said, "According to the 2035 National Energy Plan of the Ministry of Energy and Natural Resources, solar power plant investments are aimed to reach the level of 53 GW. The current installed solar power plant, which is approaching 16 GW, is planned to approximately triple in 10 years. In wind power plants, the target is to increase from 12 GW to 30 GW. We are in a period where regulations are developed in dialogue, the importance of permit and license processes, the economic and balanced advancement of the ecosystem and consumer demand, as well as investment incentives increases. During this period, the ability of projects to access financing sources will come to the fore. “We see that renewable energy companies with strong financial structures and competent teams quickly bring their allocated electrical energy capacities into the economy.” he said.

Renewable energy will surpass coal

Evaluating global markets, Akbay noted that energy demand is expected to reach the highest levels of the last twenty years in 2025; “There is a rapid energy increase based on electrification in heating, transportation and industry. This is due to strong economic growth, increased heat and cold weather, and high demand for data centers, electric vehicles and heat pumps. In addition, it has become clear that by 2024-2025, the amount of electricity produced globally from renewable energy will exceed the amount of electricity produced from coal. In addition, the share of renewable resources in the global electricity supply is expected to increase from 30% to 35% with the production facilities that will come into operation in the same period.” he said.

Artificial intelligence will shape the future of renewable energy

According to IEA (International Energy Agency) data, with the introduction of artificial intelligence algorithms, the electricity demand of data centers has become an important issue. The increasing use of artificial intelligence and data analytics in different fields increases uncertainties regarding the increase in energy consumption of data centers. These uncertainties include the effects of deployment speed, the potential of artificial intelligence, and energy efficiency improvements. Emphasizing the role of artificial intelligence in the renewable energy sector, Arkın Akbay said; He stated that the data and communication sector is of critical importance for better collection and processing of electricity production and consumption data, accurately analyzing past and current trends, better predicting future trends and preventing inefficient investments. Akbay said, "By using the deep learning capacity of artificial intelligence, we will continue to improve renewable energy production and maintenance operations and provide economical and continuous electrical energy." he said.

“We offer solutions that respect the environment and social life”

Three more wind turbines at Eksim Energy's installed wind energy power plant located in Sakarya's Geyve district have been put into commercial operation with the approval of the Ministry of Energy and Natural Resources. Thus, the installed capacity of the company increased to 487.6 MW. Within the scope of this project for a capacity increase of 80 Million Euros, it is aimed to commission 11 more turbines by the end of the year. It was stated that in the coming period, Eksim Energy's investments that increase capacity utilization and enable reversing the negative effects of climate change by reducing carbon emissions will continue.

Works for the economical supply of electrical energy

Stating that the increase in energy demand and the increasing share of renewable energy in electricity production accelerates the targeted transformation, Eksim Energy CEO Arkın Akbay said, “These changes that reshape the energy sector continue to develop in line with our goals. Thanks to new technologies, we not only increase production efficiency in our existing facilities, but also take a proactive attitude in developing and implementing innovative solutions in sustainable energy production. Eksim Enerji continues its investments in production and consumption modeling with forecasting algorithms and productive artificial intelligence applications in business processes. In this way, it continues to focus on the supply of economical electrical energy in geographical regions suitable for high capacity use with the right technology selection. “We see leading these innovations that shape the future of the industry not only as a goal, but also as a responsibility towards nature and society.” he said.