{ "docId": "019dd923-5de0-76bd-a168-ef178b78b828", "docSlug": "2b6d24fae40c57ab", "documentTitle": "Turkish NPL Purchasing Market Overview and the way forward", "authorId": "PwC", "authorName": "PwC", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.708, "pageNumber": 135, "pageCount": 139, "prevPage": 134, "nextPage": 136, "slideType": "industry_trends", "function": "establish_context", "density": "overcrowded", "nDataPoints": 6, "notes": "Includes a visual representation of the EÜAŞ purchase guarantee structure for the four units.", "elementsJson": [ "headline_text", "paragraph", "icon_grid", "map", "infographic" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a168-ef178b78b828/135", "deckHref": "/decks/019dd923-5de0-76bd-a168-ef178b78b828", "deckJsonHref": "/decks/019dd923-5de0-76bd-a168-ef178b78b828.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a168-ef178b78b828#slide-135", "components": [ { "bbox": null, "kind": "callout", "text": "According to the international agreement between Türkiye and Russia, EÜAŞ is set to buy 70% of the generation from the first two units and 30% of that of the third and fourth units of the Akkuyu NPP at a price of 123.5 USD/MWh for a period of 15 years following the commissioning of each unit.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-3be5-7612-8a21-a592960a105b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.41, "x": 0.52, "y": 0.38 }, "kind": "chart", "text": "Purchase Guarantees for Akkuyu", "attrs": null, "subkind": "bar-horizontal", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2c1c3efe-689b-4a3d-a4b4-d10fca1f8509", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.38, "x": 0.07, "y": 0.75 }, "kind": "image", "text": "Map of Turkey with Akkuyu location", "attrs": null, "subkind": "map", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b064294c-be2e-4a32-a5da-a3ca43f9b06d", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "Installed capacity: 4,800 MW", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd952-3be5-7612-8a21-a9da14648300", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.25, "x": 0.2, "y": 0.24 }, "kind": "paragraph", "text": "The introduction of nuclear energy into the energy mix has been among the central aims of Turkish energy policy in the last decades.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "00e002cf-c216-4f9b-9852-8f323fda092e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.38, "x": 0.07, "y": 0.35 }, "kind": "paragraph", "text": "The Atomic Energy Commission, which was established in 1956, was renamed to the Turkish Atomic Energy Authority (TAEK) in 1982. The institution remains as the main body responsible for regulation of the nuclear energy market.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4962abb1-7db1-439f-95c2-d16e07f34814", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.38, "x": 0.07, "y": 0.48 }, "kind": "paragraph", "text": "After several unsuccessful attempts at launching an NPP, the process restarted in 2006. The Law on the Construction and Operation of Nuclear Power Plants and Energy Sale was enacted in 2007, and companies were invited to submit bids for the construction of a NPP in Akkuyu. After the tender for Akkuyu was cancelled due to lack of competition in 2009, the government decided to engage in direct talks with the Russian government. As a result of these negotiations, an intergovernmental agreement for the construction of a 4,800 MW NPP in Akkuyu was signed between the two countries in 2010.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5a546851-7e9e-4dab-97f6-934e928591b7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.41, "x": 0.52, "y": 0.58 }, "kind": "paragraph", "text": "In addition to being Türkiye’s first NPP, Akkuyu is the world’s first NPP Project implemented through a Build – Own – Operate (BOO) model. The first reactor is planned to become operational in 2023, with the remaining three reactors to be commissioned at one-year intervals, that is, in 2024, 2025 and 2026, and eventually reach total installed capacity of 4,800 MW. The plant is expected to employ approximately 4,000 operational personnel and aims to supply 10% of Türkiye’s electricity demand.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "af6a605c-6327-494d-bc12-743e7da5b526", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.41, "x": 0.52, "y": 0.24 }, "kind": "paragraph", "text": "According to the international agreement between Türkiye and Russia, EÜAŞ is set to buy 70% of the generation from the first two units and 30% of that of the third and fourth units of the Akkuyu NPP at a price of 123.5 USD/MWh for a period of 15 years following the commissioning of each unit.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b4642602-564f-4938-9b53-a6815bd0ec85", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.41, "x": 0.52, "y": 0.78 }, "kind": "paragraph", "text": "In addition to Akkuyu, there are plans to establish two additional nuclear power plants, located in Sinop and Kırklareli provinces. Similar to Akkuyu NPP, both projects expected to have the installed capacity of approximately 5 GW.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b7c8faf0-1cf8-40f3-b403-b95f0a96b19c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.4, "x": 0.07, "y": 0.91 }, "kind": "source-note", "text": "Source: TAEK, EÜAŞ, WNA, ROSATOM, Publicly Available Sources", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d1fc75af-2936-4d2d-b479-efe2af2c0129", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.86, "x": 0.07, "y": 0.06 }, "kind": "title", "text": "Türkiye’s nuclear power ambitions remain high, and nuclear energy has been on the country’s radar since the 1960s. As of April 2023, Türkiye obtained the nuclear status since the 1st fuel delivery made for Akkuyu NPP.", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ca7a947c-1640-492f-b07b-40f77bbcab1e", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 139, "from": 16, "beatId": "de5a07d2-ddc9-48ab-9a30-5a4c8386a19c", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The document proposes solutions to address the challenges faced by the Turkish electricity market, including increasing investments in renewable energy sources and implementing policies and regulations.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }