in smaller companies. In 2021 the government pledged to prepare a new plan for reducing emissions, but there is no plan to reduce coal use. Later in 2021 Istanbul Policy Center, a thinktank which is part of Sabancı University, released a summary of their own plan. The plan says that net zero by 2050 is possible and that the key to decarbonization is increasing the share of solar and wind in electricity generation. It says that emissions could be reduced by 32% from 2018 to 2030. And that the share of renewable resources other than hydroelectricity in installed power could be increased from 17 percent in 2018 to 50 percent in 2030 and 77 percent in 2050. According to the plan, Turkey could increase the total wind/solar installed power to 35 GW by 2030 by constructing an average of 3 GW of solar and 2.5 GW of wind power plants every year. The plan says that gross emissions could be reduced to 132 million tons by 2050. Energy Emissions could be reduced considerably by switching from coal to existing gas-fired power stations: as there is enough generating capacity to allow the decommissioning of all coal-fired power stations and still meet peak energy demand, as long as hydropower as well as gas is used to meet peaks in demand. By the mid-2020s the gas price is forecast to have fallen considerably, as Turkey's production from the Black Sea will be more than enough to meet national demand. However, according to a 2021 study the electricity sector is financially unable to transform itself in response to the CBAM, and "to avoid market failure, the government must step in by designing a general decarbonization program for electricity production in Turkey". A solar panel factory began production in 2020; and solar and wind power are the cheapest generating technologies, but are underdeveloped. Fossil fuel subsidies risk carbon lock-in, but if they were scrapped wind and solar power could expand faster. Relying simply on battery storage would be insufficient to decarbonise electricity, as periods of high and low demand last for two to three weeks. Ramping down nuclear power in Turkey will be technically possible, at times when solar or wind increases or electricity demand drops, but would be expensive because of high fixed costs and lost sales revenue. However, after upgrading, repowering and adding a small amount of pumped-storage hydroelectricity, there are enough hydropower