Kovanlık Regulator and Hydro Power Plant has been developed by Kovanlık Enerji Üretim San. ve Tic. A.Ş. The project aim is to contribute to reducing national energy deficit and development of local industries as it allows the use of cheaper energy for industrialists and gain advantage in a competitive environment.
The purpose of the project is to generate clean energy by using the hydro power and providing the energy to the Turkish national grid. By implementing the project, investors also aim to reduce dependency to the fossil fuels thereby reducing the sources of environmental pollution. In this scope, Kovanlık Enerji Üretim San. ve Tic. A.Ş. planned to establish a channel type hydropower plant in Bulancak district of Giresun province with the purpose of contributing to the national economy the meeting the increased electricity demand. The project is located on the Eastern Black Sea basin of the Bulancak district of Giresun province. The waters of Pazarsuyu Stream diverted by the Kovanlık regulator will be conveyed to the forebay with a free flowing transmission tunnel to be built on the right bank. The project boundary is considered as the National Electricity Grid of Türkiye according to applied tool. The baseline scenario refers to the energy generation from the fossil fuels.