What is “Just Transition” in Sustainable Tran... Although “just transition” is a new concept, it is quite popular. The International Labor Organization's (ILO) "Guidelines for Just Transition" est...
Although “just transition” is a new concept, it is quite popular. The International Labor Organization's (ILO) "Guidelines for Just Transition" est...
Plastics are the raw material of many industries, in particular manufacturing. However, it is one of the most difficult substances to disappear ...
In the digital...
Every day, the significance of sustainability and its associated ideas is growing. Furthermore, the realm of sustainability frequently introduce...
Our world is facing complex and diverse problems today. However, it is possible to build a brighter future with solutions and innovations that c...
In today's world, most advanced organizations use machine learning technologies in their business processes. Machine learning, a subset of artif...
Industrial design is one of the most important disciplines in today's world. Before they are manufactured, all items such as smartphones, cars w...
In the modern digital era, the data produced by millions of individuals as part of their daily routines represents an extensive reservoir of val...
The rapid advancement of technology has led to significant transformations in the business landscape, prompting companies to seek ways to integr...
Written by Dr. Mevlüt Çetinkaya, Marketing Manager of SOCAR Türkiye Refinery Petrochemical Business Unit. ...
Petrochemicals are synthetic materials derived from petroleum and natural gas. This definition may not mean much to you. Still, petrochemicals a...
Eğer düşük karbon modunu seçerseniz, web sitemizi ziyaret ederken ekranınızın enerji tüketimini ve karbon emisyonlarını azaltabilirsiniz. Bu mod, web sitesinin karanlık arayüzünü etkinleştirerek ekran ışığını minimuma indirir ve enerji tüketiminizi düşürür.
Integrated Strength in the Energy Value Chain: A Strategic Framework from Production to Trade
The energy sector is now evaluated not only on the basis of production capacity, but also on its flexibility, integration, and strategic management capabilities. Rising global demand, the 2030 and 2050 climate targets, and the acceleration of digitalization necessitate a holistic approach to all links in the energy value chain.
A robust energy structure is achieved through the integration of production, system balance, trade, and portfolio management under a single strategic vision. This holistic approach supports both supply security and market resilience.
2030 and 2050 Perspective: Low-Carbon and Flexible Systems The global energy transition is taking shape around the goals of increasing renewable capacity, enhancing energy efficiency, and reducing carbon intensity by 2030. In the 2050 perspective, many countries are moving toward lower-carbon, digitalized, and flexible energy systems in line with net-zero emissions targets.
In this transformation process, natural gas combined-cycle power plants play a crucial role in system stability thanks to their ability to balance the fluctuating output of renewable energy sources.
SOCAR Türkiye is shaping its investments in the energy sector according to a strategy that supports system flexibility, enhances efficiency, and integrates production with trade. In the 2030 outlook, the integration of production and trade activities into a more cohesive structure stands out as a key element of this approach.
An Integrated Approach from Production to the Market The true strength of the energy system becomes evident when electricity generation, the transmission system, and trading mechanisms are evaluated together.
While grid balance and supply-demand alignment form the foundation of system security, price dynamics emerging within the free market structure directly influence production strategies. Therefore, possessing production capacity provides a significant advantage in trading and portfolio management. At this point, the Gas-to-Power approach—which refers to the integrated management of the process extending from natural gas supply to electricity generation and energy trading—takes center stage. In this approach, the natural gas portfolio, production planning, and electricity trading are evaluated within the same strategic framework.
SOCAR Türkiye implements this model by managing its natural gas supply capacity and electricity generation capacity in conjunction with its energy trading activities conducted through SOCAR Energy Trade. This ensures that supply and production planning are aligned, flexible production strategies are developed in response to market conditions, and portfolio management is strengthened.
This approach is not limited to the integration of production and trading. Through its aggregation activities, SOCAR Türkiye is transitioning its energy supply chain toward a more sustainable structure by incorporating renewable energy production and green energy certificates into its portfolio. In this way, the company is taking concrete steps to reduce its carbon footprint while increasing the use of clean energy and actively contributing to the low-carbon energy transition.
Thanks to green energy certificates—which document environmental benefits derived from renewable sources—SOCAR Türkiye is offering its customers a more environmentally friendly energy portfolio while steadfastly advancing its sustainability goals.
SOCAR Energy’s Strengthened Gas-to-Power Strategy with İÇAN The commencement of operations at the Central Anatolia Natural Gas Combined Cycle Power Plant (İÇAN), located in Kırıkkale and boasting an installed capacity of 870 MW, under the SOCAR Türkiye umbrella has strengthened the production pillar of the Gas-to-Power strategy. SOCAR Energy İÇAN contributes to system flexibility through its rapid startup and load-following capabilities, while also enabling the evaluation of production capacity in conjunction with trading activities. As a result, the integrated structure extending from natural gas to electricity gains a stronger and more coordinated foundation.
An Integrated Value Chain, A Strong Future Sustainable success in the energy sector is achieved through the harmonious management of production and trading capabilities. With SOCAR Energy İÇAN operating under SOCAR Türkiye, the integrated structure extending from natural gas to electricity has been further strengthened. This approach offers an energy model that adapts to changing market conditions, supports system security, and operates with a long-term strategic perspective.
This harmony across every link of the energy value chain forms the foundation of a resilient and sustainable energy ecosystem.
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services. Click "Manage cookies" if you would like to read more about our cookies and adjust your preferences. By clicking "Accept and contine", you agree to the use of all cookies as described in our Cookie declaration.