The Electricity Generation Company (; EÃÂAÃ Â) is the largest electric power company in Turkey. As a SOE, it operates within the national electricity market, generating and selling electricity throughout the country.
EÃÂAÃ Â was founded by the government in 2001. Its main purpose was to plan and implement the energy policy of Turkey which, through the exploitation of the domestic products and resources, would distribute cheap electric power to all Turkish citizens. In 2018, it took over the state-owned electricity trading firm TETAÃ Â.
, EUAÃ Â owns almost a fifth of Turkey's total generating capacity including coal, gas, hydro and wind power stations.
, EUAÃ Â owns most of the country's lignite in 7 coalfields, including the largest Elbistan.
EÃÂAà  owns the old Can-1 and Afà Âin-Elbistan B power stations and buys from private sector lignite-fired plants: these power plants pollute and cause early deaths.
ÃÂan-2 coal-fired power station opened in 2018 and EÃÂAÃ Â guaranteed 7 years of electricity purchases at a cost of between 64 and 70m USD per year.
EÃÂAà  (with state-owned gas and oil company BOTAà Â) is an oligopoly and sets a soft cap on electricity spot prices; whereas prices to end consumers are regulated. In 2018 EÃÂAà  lost 1.8 billion lira. Support for coal in Turkey resulting from annual expenditures of EÃÂAàin primary materials and supplies is estimated at âº953 million (US$272 million) per year (2016âÂÂ2017 average). According to Carbon Tracker in 2021 $300 m of the company's coal power investment on the Istanbul Stock Exchange was at risk of stranding.
Climate TRACE estimates the company's coal-fired power stations emitted over 6 million tons of the country's total 730 million tons of greenhouse gas in 2022: it is on the Urgewald Global Coal Exit List.