Wedoany.com Report-Mar 19, As of 2024, Türkiye’s geothermal energy potential has seen notable progress. According to the 2024 Activity Report published by the General Directorate of Mining and Petroleum Affairs (MAPEG), key figures related to initial applications, exploration licenses, and operational licenses for geothermal resources have emerged.
Distribution of license numbers by year
Throughout 2024, a total of 638 initial geothermal applications were submitted, with November recording the highest number at 105 applications. These figures indicate continued investor interest in geothermal energy. While fluctuations have occurred in exploration licenses over the years, 412 new exploration licenses were issued in 2024. After peaking at 1,378 licenses in 2019, exploration permits have gradually declined in recent years.
Compared to exploration licenses, geothermal operating licenses remained relatively limited. Only 28 new operating licenses were granted in 2024, marking a significant decrease from previous years. The number of operating licenses, which stood at 318 in 2018, has steadily declined, reaching its lowest point in 2024. This sharp drop is seen as a critical issue for sector stakeholders and requires careful evaluation.
Legislative efforts and digital transformation process
MAPEG’s activity report highlights the ongoing legislative efforts related to geothermal resources and natural mineral waters, with regulatory processes continuing toward completion. Additionally, the transition to the E-Geothermal system, which aims to digitize geothermal operations, has not yet begun. Industry representatives emphasize that implementing this system would streamline the monitoring and management of geothermal investments.
While Türkiye still holds significant potential for geothermal energy investments, the decline in exploration and operating licenses is considered a critical indicator for the sector. With legislative updates and digital transformation efforts, the industry is expected to regain momentum.
