Aksa Enerji

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Aksa Enerji is a privately owned power company in Turkey. The company states that it is the largest private power company in the country with over 2 gigawatts of installed capacity.[1]

Ownership

Aksa Energy’s controlling shareholder is Kazancı Holding, which owns a 61.98% stake. Goldman Sachs International holds a 16.62% interest in the Company while 21.39% of the shares are traded on Borsa Istanbul.[2]

Coal projects

The company operates the 270 megawatt Bolu Göynük power station near the town of Goynuk in the northwestern province of Bolu, and has proposed Karlıova power station.

Capacity Payments

In 2018 the company was paid millions of lira by the government in support of its coal-fired plant via the capacity mechanism.[3]

Economics of Gas

Increased electricity production in Turkey from renewables hits profits when it displaces electricity produced by Aksa gas-fired plants.[4]

Articles and resources

References

  1. "Aksa Energy", Aksa Enerji website, accessed March 2018.
  2. Aksa Energy, "Aksa Energy 2016 Annual Report", page 26.
  3. "KAPASİTE MEKANİZMASI OCAK AYI FATURAYA ESAS ÖDEME LİSTESİ", TEIAS website, accessed May 2018.
  4. "Impact of Vertical Integration on Electricity Prices in Turkey," International Journal of Energy Economics and Policy,2017 Vol 7 Issue 3

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External resources

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