As the leaders of the Turkish energy industry, Sabancı Energy Group companies demonstrated an impressive performance despite a highly challenging 2020.
Enerjisa Enerji and Enerjisa Üretim finished the year with a successful performance thanks to their focus on operational excellence. Both companies ensured an uninterrupted supply of electricity throughout 2020.
Priorities in 2020
COVID-19 Pandemic and Measures Taken
The COVID-19 pandemic, quickly spreading across Turkey and the entire globe, once again demonstrated the critically important and essential work performed by energy sector employees. To ensure the continuity of electricity generation and distribution, which power the Turkish economy and everyday life, Enerjisa Enerji and Enerjisa Üretim worked tirelessly during this pandemic year.
Even before the pandemic, employee health has always been a top priority at Sabancı Holding. During this extremely challenging year, both Energy Group companies implemented a wide range of preventive and precautionary measures to combat COVID-19. Enerjisa Üretim obtained the TSE COVID-19 Safe Production Certificate for all its power plants and its headquarters office.
Turkey’s Largest Sustainability-Linked Loan Deal
In 2020, Enerjisa Üretim further bolstered its energy portfolio with its sustainability-linked loan deal amounting to EUR 650 million. Seven banks participated in the transaction. With this major lending facility, Enerjisa Üretim reduced its total debt while providing support future renewable energy investments that are planned to be commissioned in the near future. Thanks to its solid financial structure, Enerjisa Üretim has met the conditions necessary to distribute significant dividends to shareholders.
A Growing Generation Portfolio Focused on Sustainability
Enerjisa Üretim aims to further expand, enrich and diversify its operations in the future with the following activities:
- Expanding its renewable portfolio with YEKA projects.
- Establishing Enerjisa Europe to take its commercial activities in the European market to the next level.
- Transforming its trading experience to create value in foreign markets by obtaining electricity trading licenses in Bulgaria, Romania and Serbia under Enerjisa Europe.
- Introducing a new business model with the commissioning of SENKRON, a control room capable of controlling power plants with different electricity generation technologies at the same time – a first in Turkey. SENKRON currently controls all 12 hydroelectric power plants in Enerjisa Üretim’s portfolio. SENKRON also features a control infrastructure that enables access to the control and monitoring systems of thermal, wind and solar power plants in Enerjisa Üretim’s portfolio and those owned by other companies. Thanks to this network, SENKRON conducts performance and status monitoring of power plants with an analysis infrastructure where thousands of pieces of data are monitored online.
Performance in 2020
Digitalization, Technology and Investments
In 2020, Sabancı Energy Group moved forward with its comprehensive digitalization transformation with the technological support of Information Technologies. No workforce loss occurred during the pandemic thanks to infrastructure modernization and upgrades that support operation independent of location.
Enerjisa Üretim further developed its advanced technology infrastructure to add value in diverse areas including processing of sensor data collected from the field, performing trend analyses and especially, conducting predictive maintenance. Efforts to replicate key applications in trade and power plant management to be compatible with cloud environments are nearly complete. Sabancı Energy Group has started to enjoy the flexible, manageable and stable platform advantages of cloud technology. Thanks to investments in augmented reality, Energy Group ensured that operations between power plants and external suppliers are performed remotely and without any loss of functionality and labor. In 2020, Sabancı Energy Group operations continued without interruption despite pandemic travel/visit restrictions thanks to technology solutions. In addition to IT digitalization roadmaps, Energy Group started to develop Digital Journey Maps in line with the needs of each business unit. Over 70 applications were developed and implemented using these maps. Numerous applications that differentiate Enerjisa Üretim in the market were also developed during the year.
People and Sustainability
Energy Group companies exited the year with success in line with Sabancı Holding’s vision of “Sharing what we have obtained from this land with its people.” Enerjisa Enerji and Enerjisa Üretim conduct their business activities while closely monitoring global trends and pursuing sustainability. Sabancı Energy Group companies have set 17 individual goals under the UN Sustainable Development Plan as targets in line with their environmental, social and governance (ESG) performance.
Enerjisa Üretim aims to grow its generation portfolio with renewable power plants. Under the WPP YEKA-2 project in Aydın and Çanakkale with a capacity of 500 MW awarded to Enerjisa Üretim in 2019, the YEKA Usage Rights Agreement was signed with the Ministry of Energy and Natural Resources (MENR) in March 2020. In relation to Erciyes WPP in Kayseri with a capacity of 65 MW awarded in 2017 with the wind power capacity allocation tender, the pre-license process is ongoing. Growth opportunities are also being sought in renewable energy in accordance with new hybrid facilities legislation enacted in 2020.
Sabancı Energy Group embraces occupational health and safety as a top priority. The Energy Group aims to lead the industry by developing new and forwardlooking OHS approaches in line with its zero occupational accident target.
In 2020, Enerjisa Üretim continued its wildlife conservation and biodiversity efforts, launched the prior year, despite the adverse conditions due to the pandemic.
Enerjisa Üretim developed and implemented the following initiatives as part of its social responsibility efforts:
- Gender Equality: Equal Energy
- Children: Smiling Eyes
- Afforestation: Greening the Future
- Stray Animals: A Bowl of Energy
2021 Priorities and Industry Strategy
Sabancı Energy Group executes its operational excellence strategy to achieve sustainability. In the coming year, the negative effects of the COVID-19 pandemic are expected to subside with rollout of mass vaccination campaigns. As a result, energy industry demand and dynamics are projected to normalize. With this forecast recovery, the Turkish energy sector is expected to grow in parallel with the country’s GDP growth. Sabancı Group remains committed to integrating sustainability into all its business operations and monitors global developments in this arena. Energy Group companies are also working to integrate sustainability into their operations, systems and processes. That same synergy is expected in Sabancı Energy Group’s partnership with E-ON, one of Europe’s biggest energy players, for a successful year focused on growth opportunities.
Enerjisa Enerji and Enerjisa Üretim anticipate further liberalization for Turkey’s energy industry. Expecting a more stable investment environment in 2021, Enerjisa Enerji and Enerjisa Üretim plan to maintain their appetite for growth in line with market developments.
Enerjisa Enerji and Enerjisa Üretim aim to commission the Future of Work initiative and develop a roadmap on the efforts and modifications to be made going forward.
Enerjisa Üretim plans to implement state-of-the art solutions for price prediction, predictive maintenance and optimization models in data analytics. Enerjisa Europe’s active trade volume will be maximized in accordance with market conditions. As long as the market environment permits, Enerjisa Üretim aims to engage in efforts to boost natural gas sales and expand the portfolio volume in terms of electricity last resource supply. Other objectives include developing customer-oriented solutions that will maximize national benefits during the transition to a green economy by closely monitoring international green and carbon markets. To meet the changing needs of customers, efforts are ongoing to include comprehensive internally recognized emission and clean energy certificates in Enerjisa Üretim’s growth journey.
Sabancı Energy Group companies plan to maintain market leadership where they operate while pioneering the industry’s development in terms of growth, productivity, competitiveness and corporate identity.
Area of activity
Electric generation and trade
Market share and position
Turkey’s largest private-sector electricity generator with 5%(*) market share considering Turkey’s total electricity generation ratio
Countries of activity
Turkey, Bulgaria, Serbia, Romania and Hungary
3,607 MW (Natural gas 44%, hydro 37%, lignite 12%, wind 6%, solar 1%)
12 Hydroelectric power plants, 3 wind power plants, 3 natural gas power plants, 2 solar power plants, 1 domestic lignite power plant
Number of employees
Sabancı Holding share
(*) According to the EPİAŞ Transparency
Platform data. According to data as of 31.12.2020.