
Sabanci Holding Energy Group President Kivanc Zaimler shared insights on energy developments during an interview with Bloomberg HT in Davos. Highlighting Turkey’s potential, Zaimler emphasized the country’s strategic position in a shifting global landscape.
“I see significant opportunities for our country,” Zaimler stated. “While Europe lags behind in the U.S.-China rivalry, Turkey stands out with its population and agility. This presents a tremendous opportunity.”
Addressing key themes in Davos, Zaimler noted that cooperation and trust remained central topics. He also shed light on advancements in the energy sector.
“Leveraging artificial intelligence for efficiency and productivity is becoming increasingly prominent,” he said. “Today, vast data centers are in use, requiring a massive and uninterrupted power supply. This drives electrification investments, which are now surpassing other sectors. Storage, electrification, and critical minerals are interconnected. These minerals, sourced from specific regions, require processing that ties energy and minerals together in a comprehensive framework.”
Zaimler also highlighted fusion energy as a transformative global initiative, calling it a potential game-changer in the energy transition. Reflecting on energy policies during Donald Trump’s tenure, he remarked:
“While Trump maximized his country’s natural resources for competitiveness, he did not restrict renewable energy. This competitive environment within the renewable energy ecosystem provides opportunities. By leveraging technological capabilities, costs can be reduced, and the energy transition will likely continue unaffected. In the U.S., pricing and investment financing dynamics evolve independently, driven by internal factors.”
Zaimler underscored Turkey’s advantages in the energy transition:
“Countries accounting for 60% of the global population struggle with the energy transition. For Turkey, I see unique opportunities. Europe, lagging behind in the U.S.-China competition, is debating its demographics and competencies. Here lies Turkey, with its dynamic population and agility. We must seize this chance to position Turkey as an alternative supply hub to China. With attractive infrastructure, including pipelines and power grids, we can create a competitive marketplace. This isn’t just about transit; it’s about establishing a trade system within Turkey. This would benefit both Europe and Turkey, creating a remarkable competitive edge for us.”
Zaimler’s remarks highlight Turkey’s potential to emerge as a key player in the global energy transition and supply chain.
source: Bloomberght/ Prepared by: İlayda Gök