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Energy Efficiency law No. 5627

Turkey Current 2007

It was enacted to increase efficient use of energy resources and thereby avoid waste, ease the burden of energy costs on the economy, and protect the environment. The companies within the appplication scope should conduct a energy efficiency implementation project, plan submitted to the General Directorate beforehead. and is obligated to disclosure their energy information is they fail to meet their own anticipated energy efficiency goal.

Issuer name

Ministry of energy and natural resources

Government ministry

Energy

More information

The Act also covers provisions on education and awareness raising on energy efficiency, government support for energy efficiency projects, and administrative sanctions. Companies with plants greater than specified capacities are obliged to report on their energy management activities to the authorities. Industrial plants consuming more than one ktoe per year and power plants with at least 100 MW of installed capacity must also report on energy consumption to the Electrical Power Resources Survey and Development Administration EIE.

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Industrial plants consuming more than one ktoe per year and power plants with at least 100 MW of installed capacity

Industry scope

All/none specified

Industry scope notes

energy efficiency consulting companies

Disclosure venue

website,

ESG coverage - E (Environment)

Energy

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour

Status

Current

Country

Turkey

Region

Asia Pacific

Date of publication

2007

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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