Why the Geothermal Investment Summit?
The energy, agriculture and food, and tourism sectors, which constitute three of the four priority development areas of the 12th Development Plan covering the period 2024-2028, are the main utilization areas of the geothermal resource sector. Considering geothermal resources in Turkey, this sector has the potential to be the driving force for development through these development areas.
However, to strengthen development through the effective use of geothermal resources, it is crucial to review the regulatory framework, improve the investment environment, and mobilize financing opportunities. If these conditions are met, it is possible to:
- Increase energy production from domestic and renewable sources within the framework of the 2053 net-zero emissions target,
- Ensure supply security and food safety in agriculture and food through greenhouse cultivation,
- Create a new investment area with similar potential to coastal tourism, balance tourism diversity at a strategic level, and spread tourism across the country for 12 months.
The International Geothermal Investment Summit is organized by JEMYAD to bring together all stakeholders in the geothermal sector, both public and private, to accelerate investments in this sector and make it a driving force for national development. Around 250 experts and managers from the private sector, universities, and public institutions are expected to attend the summit, which will be held on May 9, 2025, at the Marriot Cappadocia Hotel in Nevşehir.
Events
PROGRAM
- Ömer TOSUN, President of the Board, JEMYAD
- Ali FİDAN, Governor of Nevşehir
- Alparslan BAYRAKTAR, Minister of Energy and Natural Resources of the Republic of Turkey*
- Mehmet ERSOY, Minister of Culture and Tourism of the Republic of Turkey*
- Murat KURUM, Minister of Environment, Urbanization, and Climate Change of the Republic of Turkey*
- İbrahim YUMAKLI*, Minister of Agriculture and Food*
- Cevdet YILMAZ, Vice President of the Republic of Turkey
| Speaker: | Mehmet ÖĞÜTÇÜ |
| Chairman of The London Energy Club |
- 2050 climate targets and sustainability needs and the steps that need to be taken will be discussed. Topics include:
- Emission reduction
- Greenhouses and food safety
- Energy supply security
- Residential heating
- Emission trading
| Moderator | Seçil YILDIZ, TKYB Genel Müdür Yardımcısı |
| Panel Speakers: | Prof. Halil HASAR, President of Climate Change of the Republic of Turkey* |
| Professor Hüseyin BAĞCI, Faculty Member in International Relations at METU (Middle East Technical University), Founder of ANKUDA | |
| Stephan GARNIER, Energy Leader at the World Bank | |
| Erol ÖZENBAŞ, Vice President of the European Bank for Reconstruction and Development (EBRD |
*: To be confirmed
- This panel will discuss the distance Turkey needs to cover in geothermal greenhouse cultivation for long-term access to healthy and safe food, in comparison with global perspectives, considering challenges like climate change, water scarcity, and pesticide use. The panel will cover:
- Turkey’s Position in Geothermal Greenhouse Cultivation
- Financing and Support
- New Technologies and Trends in Geothermal Greenhouse Cultivation
- Regulatory Framework and Suggestions with Global Examples
| Moderator | Ali ŞAYAKÇI, |
| Panel Speakers | Volkan ÖZTÜRK, Vice President of Trioinvest International |
| Hasan GÜMÜŞ, Chairman of the Board, Yayla Agro | |
| Arzu ŞENTÜRK, Chairwoman of the Board, Agrobay Seracılık A.Ş. | |
| Murat YILMAZ, Deputy General Manager, Alarko Sanayi ve Ticaret A.Ş. | |
| Uğur ERDEM, General Director of Crop Production, Ministry of Agriculture and Food* | |
| High level Representative from Ziraat Bank |
- This panel will discuss the roadmap needed to achieve success in thermal tourism, which has the potential to replicate the success of coastal tourism in Turkey, particularly in regions 4, 5, and 6, integrating mountain, nature and cultural tourism elements with a view to ensure the imntegration of health tourism and luxury thermal tourism. Topics include:
- Turkey’s Position in Global and European Thermal Tourism
- Potential for Revenue Increase and Market Diversification in Luxury Thermal Tourism
- Financing and Support
- Proposed Changes in the Regulatory Framework
| Moderator: | Omer TOSUN, Chairperson, Indigo Group |
| Panel Speakers | Nadir ALPASLAN, Deputy Minister of Culture and Tourism* |
| Oya NARİN, President of TTYD (Tourism Investors Association of Turkey) | |
| Giulia DEVIETTI GOGGIA, Relaix Chateaux | |
| Mustafa ÖZDEMİR, MRP Hotels | |
| Ahmet CAN YAKAR, Managing Director, ICBC |
| Discussant: | Fatih TOKATLI, Indigo Grup Deputy General Manager |
| Speaker | Prof. Mustafa TOPALOĞLU, Özyeğin University |
- This panel will discuss the steps needed to increase electricity production based on geothermal resources by 2053, focusing on technology, financing and the regulatory framework. Topics include:
- Carbon capture and storage technologies
- Reinjection of non-condensable gases
- Needs in the YEKDEM mechanism
- New incentives for geothermal exploration for electricity purposes
- Financing
| Moderator: | Ali KINDAP, Chairman of the Board, JED |
| Speakers: | Mehrali ECER, Vice President, Climate Change Agency |
| Hüsnü DÖKMECİ, Deputy General Manager, SANKO | |
| Representative of the World Bank Group* | |
| Zorlu Energy Representative |
