Turkey imposes US$15/t tax on coal imports for power
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Report summary
Turkey has imposed a US$15/t duty on thermal coal imports for use in its power sector. The tax is to be paid by power producers and is levied on a GAR-basis for imported coal. EU-suppliers are exempt from the tax but Turkey's key suppliers are not – Colombia, Russia, South Africa and the US. The law is an attempt to curb imports and deliver a stronger contribution from Turkey's domestic market, however, given weak alternatives (poor domestic supply, more costly gas) we do not see an immediate impact.
Table of contents
- Turkey imposes US$15/t tax on coal imports for power
Tables and charts
This report includes 2 images and tables including:
- Monthly thermal coal imports (Mt/month)
- Turkish hard coal capacity additions (MW)
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