Enerjisa Üretim

General Overview

About the Report

Enerjisa Üretim 2024 Faaliyet Raporu

[1] United Nations Global Compact, UNGC, Women’s Empowerment Principles, WEPs and Task Force on Climate-related Financial Disclosures, TCFD

Enerjisa Üretim 2024 Integrated Annual Report has been prepared to provide a comprehensive view of our strategic objectives within the energy sector, our financial and operational performance, and our focuson sustainability.

Building on our deep expertise, operational competencies, and leadership position in the energy sector, the results we have achieved based on our corporate values and strategic priorities are presented in this report through an in-depth analysis. With our broad and balanced generation portfolio, our ability to efficiently generate from various energy sources supports our strong position in Türkiye’s energy sector. In our growth journey focused on renewable energy, we are diversifying our generation with investments in hydroelectric, wind, and solar power, steadily advancing towards our goals of environmental sustainability and operational efficiency. By 2024, with a renewable energy installed capacity of 47.4%, we aim to contribute to combating climate change and secure a strong presence in the energy landscape of the future.

This report covers the period from January 1 to December 31, 2024, and has been prepared in alignment with the GRI Standards, Integrated Reporting Framework, UNGC, WEPs, and TCFD principles . Our disclosures regarding these standards can be accessed in the "Appendicies" section. In line with our mission of “powering a better future, with a deep respect for life,” our pursuit of excellence, culture of responsibility, and trust-based approach to business form the cornerstone of our corporate identity. Our “winning and losing as a team” mindset reflects the importance we place on teamwork and the trust we have in our employees.

Our approach to sustainability is addressed within the framework of the Integrated Reporting Framework’s six capitals (Financial Capital, Manufactured Capital, Natural Capital, Human Capital, Social and Relationship Capital, Intellectual Capital). Through this report, we present to our stakeholders how our value creation model, risk and opportunity management, and long-term impacts and contributions are structured.

While emphasizing that all our power plants and operations comply with sustainability principles, we are proud to share our first integrated annual report.

Enerjisa Üretim 2024 Faaliyet Raporu
Enerjisa Üretim 2024 Faaliyet Rapor

Message from the Chairperson

Message from the Chairperson

The global energy sector is undergoing a profound transformation, driven not only by the need to reduce carbon emissions but also by the imperative to ensure energy security and promote equitable development. In this context, Enerjisa Üretim continues to operate as a strategic supporter of Türkiye’s energy transition, integrating resilience, technological innovation, and sustainability into all of its operations.

In 2024, we made significant progress in many areas of our integrated strategy. Our YEKA-2 wind investments, with a planned capacity of 1,000 MW, greatly expanded our renewable energy portfolio and operational diversity. With 29 power plants commissioned and operational across the country, we have been able to build a more flexible and resilient energy system. Our ongoing goal to continuously grow our generation portfolio reflects our commitment to accelerating Türkiye’s transition to clean energy.

Beyond our installed capacity, our international footprint has also expanded. Enerjisa Commodities has extended its global energy trading operations, based in Amsterdam, to over 38 countries. Meanwhile, Senkron Digital has provided integrated digital solutions that optimize asset performance and grid stability. Our growing talent pool is now active in numerous European markets, reflecting our evolving role as a regional energy player.

We have also taken strategic steps in the field of sustainability. Our Climate Action Plan and region-specific Just Transition Plan underscore our commitment to a net-zero, yet inclusive, energy future. These efforts are supported by biodiversity initiatives related to our renewable assets, the reduction of emission intensity, and enhanced reporting aligned with leading international frameworks.

As we move toward 2025, our strategic priorities include ensuring reliable operations, expanding renewable investments, crossborder operations, and maintaining financial resilience through capital efficiency. Capitallight growth areas and digital innovation will remain critical components. At the same time, we are determined to maintain toptier environmental and social performance, continuously adhere to best-in-class international standards, and position Enerjisa Üretim at the forefront of sustainable energy practices.

I would like to sincerely thank all of you, my colleagues at Enerjisa Üretim, for your dedication, expertise, and hard work over the past year. Your passion and enthusiasm are truly inspiring, and I am proud to lead such a talented and motivated team. Our roadmap for the future is built on transparency, adaptability, and long-term value creation. We will continue to work towards a secure, inclusive, and climateresilient energy future.

Attila Kiss / Chairperson

Message from the CEO

Message from the CEO

In 2024, the need for transformation in the energy sector has become no longer deferrable; however, this was also a year in which uncertainties surrounding that transformation deepened. The rising global geopolitical risks and economic uncertainties underscored the necessity of strong strategies and made it inevitable to act. Beyond simply trying to adapt to this complex equation, the importance of being a player that defines the direction has grown even more.

At Enerjisa Üretim, as we have done for years, we boldly continued our path. With the responsibility that comes with being a pioneering actor in Türkiye’s energy transition, we did not lose focus in this high-risk year. We expanded our investments, led by example with innovative practices, and moved our responsibility to shape the future of energy even further.

In 2024, we solidified our commitment to renewable energy with strong steps. We launched a major transformation in an energy sector long seen as male-dominated. We made significant progress in our 1,000 MW YEKA RES-2 wind power investments, and the commissioning of our Ovacık Wind Power Plant in Çanakkale marked a historic milestone — not just for its technical transformation but also for symbolizing women’s empowerment in the energy sector. For the first time in Türkiye, a wind power plant entirely led by women entered operation.

With this investment, we brought our installed capacity close to 4,000 MW and accelerated our pace toward surpassing the 7,500 MW target in the medium term. In 2025, we made a strong start by winning 750 MW capacity in the Edirne and Balıkesir regions. By achieving the highest capacity award in the YEKA RES-2024 tenders, we once again reaffirmed our leadership claim in wind energy in Türkiye.

Adopting a holistic perspective that continuously produces, we placed sustainability at the heart of all our operations.

For Tufanbeyli Energy Base, we created Türkiye’s first Just Transition Roadmap. This was a key part of our energy transformation strategy that also considers social impact. With the same vision, we demonstrated our commitment to climate action by advancing our net-zero target from 2045 to 2040.

In addition, at our Bandırma Energy Base, we continue to test battery and energy storage technologies, green hydrogen initiatives, and agrivoltaic practices. We aim to be the first in Türkiye to test floating wind turbines as well. By turning innovation into practice through R&D and new energy initiatives, we continue to be at the forefront.

Our digital strength and market capabilities continue to expand our energy ecosystem globally. Senkron Digital now manages over 6,000 MW across four continents, showcasing our technological capabilities internationally. Enerjisa Commodities, with trade activities in over 38 countries, continues to deepen our presence in global energy markets. Thanks to this pioneering vision, our organization becomes more enriched and diverse, welcoming talent from different cultures and backgrounds.

Behind all these achievements stands a bold team that takes steps into the unknown and drives transformation. I sincerely thank all my teammates at Enerjisa Üretim, who continue this journey with us and lead our sustainable energy future. By saying “It Changes With Us,” I wholeheartedly believe that we will continue to lead the way for transformation in the sector and take bold steps toward a better life in every area it touches.

İhsan Erbil Bayçöl / CEO

Partnership Structure

Partnership Structure

As Enerjisa Üretim, we carry out our operations with the strength we draw from Sabancı Holding — one of Türkiye’s most established conglomerates — and E.ON, one of Europe’s leading energy companies.

Enerjisa Logo

Our Brands and Legal Entities

  • ENERJİSA ENERJİ ÜRETİM A.Ş.
  • VEGA RÜZGÂR ENERJİSİ ELEKTRİK ÜRETİM A.Ş.
  • İZMİT KANDIRA RES ELEKTRİK ÜRETİM A.Ş.
  • AKHİSAR RES ENERJİ A.Ş.
  • SERBEST ENERJİ SANAYİ VE TİCARET A.Ş.
Commodities Logo
  • ENERJİSA COMMODITIES B.V.
  • ENERJİSA EUROPE K.FT
  • ENERJİSA ELEKTRİK ENERJİSİ TOPTAN SATIŞ A.Ş.
  • ENERJİSA DOĞALGAZ TOPTAN SATIŞ A.Ş.
Digital Logo
  • SENKRON ENERGY DIGITAL SERVICES B.V.
  • YEDS YENİLENEBİLİR ENERJİ DİJİTAL SERVİSLERİ A.Ş.

Enerjisa Üretim Portfolio

Enerjisa Üretim Portföyü

Mission, Purpose and Principles

Mission

We generate energy for a better future by respecting life.

Purpose

To be an energy company that constantly improves its knowledge, sets standards and directs the future of the sector.

Mission, Purpose and Principles
Mission, Purpose and Principles
Mission, Purpose and Principles

Principles

WE PURSUE PERFECTION: We do not allow mediocrity and always strive for better.

WE TAKE OWNERSHIP OF OUR JOB: We shoulder responsibility and take initiative.

OUR WORD IS VALUABLE: We stand behind our promises and do not make promises we cannot keep.

WE ARE A TEAM: We win together, we lose together.

Awards

With Our 2023 Annual Report

LACP Vision Awards

LACP Vision Awards

  • Online Reports – Energy Sector - Platinum Award
  • Best Report Narrative in the EMEA Region - Gold Award
  • Technical Achievement Award
  • Ranked 52nd globally among the Top 100 Reports, sırada
  • 5th in the EMEA Region Top 50,
  • Featured among the Top 20 in Türkiye
iNova Awards

iNova Awards

  • Online Reports – Energy Sector - Gold Award
  • Best of Category – Grand Award
ARC Awards

ARC Awards

  • Annual Report PDF Version - Silver Award
  • Photography and Video – Silver Award
Galaxy Awards

Galaxy Awards

  • Online Reports: PDF – Gold Award
IADA Awards

IADA Awards

  • PDF Version – Integrated Presentation – Gold Award
Stevie IBA

Stevie IBA

  • Best Annual Report in Private Companies – Bronze Award
Felis

Felis

  • Corporate Publications - Felis Award
Prida

Prida

  • Corporate Publications and Reports – Achievement Award
İstanbul Marketing Awards

İstanbul Marketing Awards

  • Annual Report Design
  • Sustainability Report Design
Brandon Hall Group Excellence Awards

Brandon Hall Group Excellence Awards

  • EBest Unique or Innovative Learning and Development Program – Power MBA – Gold Award
  • Best Certification Program – Power MBA - Gold Award
  • Best Employee Recognition Program – İyi ki Varsın – Gold Award
  • Best Talent Acquisition Process – Nextchanger – Gold Award
  • Best Use of Blended Learning – Power MBA – Silver Award
  • Best Extended Enterprise Learning Program – Power MBA – Bronze Award
The Stevies

The Stevies

  • Most Innovative Learning and Development Program (Power MBA)
  • Success in Certification Programs (Power MBA)
  • Success in Extended Enterprise Learning Programs (Power MBA)
  • Best Recognition and Reward Strategy (İyi ki Varsın)
6. Enerji ve İklim Forumu

6th Energy and Climate Forum –
Our Energy, Our Future Award Ceremony

  • Social Impact – Momentum Education Program received an Award
Türkiye Basketbol Federasyonu

Turkish Basketball Federation

  • Osman Salakoğlu Basketball with the Community – Community Service Award
IDC Türkiye CIO Zirvesi Ödülleri

IDC Türkiye CIO Summit Awards

  • Sustainability Category – Runner - Up Award
  • Innovative Energy for a Sustainable Future
Pazarlama Türkiye

Marketing Türkiye – Climate and Sustainability Awards

  • Selected as the Most Renewable Energy-Friendly Brand of the Year
Great Place to Work Enstitüsü

Great Place to Work Institute – Türkiye’s Best Employers List 2024

  • Achieved “Great Place to Work” Certification
Top Employers Institute

Top Employers Institute

  • Recognized with the Top Employer Certification
Realta Danışmanlık

Realta Consulting – Most Admired Companies 2024

  • Ranked among Türkiye’s 100 Most Admired Companies
Marketing Türkiye

Marketing Türkiye – Brands Protecting Sports List

  • Featured with our #EnerjimizBasketbol project
Fast Company Türkiye

Fast Company Türkiye – Sustainability Leaders 2024

  • Our CEO İhsan Erbil Bayçöl was included in the list
BMI Business School Istanbul & DataExpert

BMI Business School Istanbul & DataExpert

  • Türkiye’s Top 50 Most Influential CFOs
    Our CFO Mert Yaycıoğlu was listed
  • Türkiye’s Top 50 Most Influential Tech Leaders
    Our CIO & Deputy GM of Digital Technologies Ali İnal was listed
Business Life Dergisi

Business Life Magazine

  • Türkiye’s Top 50 Most Influential CFOs
    Our CFO Mert Yaycıoğlu was listed
  • Türkiye’s Top 50 Most Influential CHROs
    Our VP of Human and Culture, Ayşegül Gürkal, was listed
Altın Lider Ödülleri

Altın Lider Awards

  • We were recognized as leaders in CEO, CFO, and CHRO categories
Ekonomist Dergisi

Ekonomist Magazine – Türkiye’s Top 50 Procurement & Supply Chain Leaders

  • Our VP of Procurement and Supply Chain, Aziz Ünal, was included in the list
Legal 500 Türkiye 2024

Legal 500 Türkiye 2024 – Leading In-House Counsel List

  • Our Head of Legal, Zeynep Kalaycı, was included in the list