www.enreport.com

That's me on the right side of the photo, from last week.

Istanbul is very nice during late summer and spring but i do not advice nov. and winter

First of all check:
http://www.teias.gov.tr/yukdagitim/kuruluguc.xls

You will see that Turkish Installed Capacity is: 44472.5 MWs (as of this month). You can also the wind energy column to make sure that it is updated:): 738 MW

Then check: http://www.teias.gov.tr/AylikElektrikIstatistikleri/AylikElektrikIstatistikleri.xls

you will see that 2009 on month by month basis lower than 2008.

Then see the latest statistics from TEİAS regarding "production capacity and peaks" here
http://www.teias.gov.tr/istatistik2008/14.xls


From the last column check that
Installed capacity @ 2008: 41817 MW
Peak load @2008 : 30842 MW
See the "Gross Demand" and "Firm Production" columns

Result:
We didn't have such a big problem in 2008. Our Installed Capacity is now 2600 MW higher but our demand and peak is 4% lower than 2008. The hardest years for Turkish system are the drought years, it resembles Norway's system in that sense due to high hydro capacity.

As a rule of thumb : (safe side-approximation)
Multiply the installed capacity by 4650 hours for higher scenario 4500 for lower scenario(capacity utilization sort of thing, this is a rough approximation, use Enerji Ekonomisi by Behçet Yücel for detailed calculation- and also note that system has the ability to achieve more than 5000 hours average).

If the resulted number is less than the expected demand then it means the system is in stress.

So
44472.5 MW * 4500 hours = 200 TWh
44472.5 MW * 4650 hours = 206.8 TWh

Expected demand for 2009 is 194 TWhs.
Expected demand for 2010 is 206.6 TWhs.

So without any additional capacity for the next year this capacity should be enough till the end of 2010 even for the first 6 months of 2011. I personally expect Turkey's installed capacity to reach close to the 50000 MW in 2012

I have never heard of Pulse Detonation Technology. But GE's working on it to increase the efficiency of gas turbines. Check the interview

Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost. Through quantitative analysis, it addresses key climate policy issues:
What would an ideal set of climate policy tools look like?
How large are the economic and environmental costs of incomplete country or sector coverage of climate change mitigation policies? What are the pros and cons of policy tools to broaden that coverage, such as international sector-wide agreements or border-tax adjustments? What are the main challenges in incorporating a mechanism to reduce emissions from deforestation and forest degradation?
How can we concretely develop a global carbon market?
What is the case for, and what can we reasonably expect from, R&D and technology support policies?
How great are the incentives for major emitting countries to join a climate change mitigation agreement, in terms of the costs and benefits (including the co-benefits from reduced local air pollution and improved energy security) of action? How can they be enhanced? How can international transfers of resources and technologies broaden support for action?

http://www.oecd.org/document/56/0,3343,en_2649_34361_43705336_1_1_1_1,00.html

• it would take more than 400 years of biodiesel use to "pay back" the carbon emitted by directly clearing peat for palm oil
• The grain it takes to fill an SUV tank with ethanol could feed a hungry person for a year;
• first new U.S. reactor is only scheduled for 2017
• average U.S. household now has 26 plug-in devices
• Only 4 percent of the energy used to power a typical incandescent bulb produces light; the rest is wasted
• China is expected to build more square feet of real estate in the next 15 years than the United States has built in its entire history, and it has no green building codes or green building experience.
• modern American refrigerators use three times less energy than 1970s models
  
  Baris's note : such a shame : "we can subtract a coal-fired megawatt every time we add a wind-powered megawatt". Coal works 6500-7000 hours/year, where wind hardly sees 3000 hours/year. It's capacity factor!

http://www.foreignpolicy.com/articles/2009/08/12/seven_myths_about_alternative_energy?page=full

Matthew Simmons' article is the most visited in FP's web site for a couple of days. Before reading his article, as he suggests, check the links in this paragraph:
"The four pieces were Pulitzer Prize-winning author Daniel Yergin's seven-page article in Foreign Policy, energy analyst Michael Lynch's three column op-ed in the New York Times, analyst Edward Morse's essay in Foreign Affairs, and scholar Amy Jaffe's paper published by the Baker Institute at Rice University." http://www.foreignpolicy.com/articles/2009/09/04/oil_spin?page=0,0

Pretty interesting piece to read:

China's economy grew at an annualized 6.1 percent rate in the first quarter, and
7.9 percent in the second. Yet electricity usage, a key indicator in industrial
growth and a harder metric to manipulate, declined 2.2 percent in the first six
months of the year.

Ref:
http://www.foreignpolicy.com/articles/2009/09/03/how_china_cooks_its_books?page=0,1

A professor fed up with his wife's phone beeping for low battery came up with this idea, which is not very complex. It is charging by induction I guess. But there is a video and pdf file to see.
Video: http://www.ted.com/talks/eric_giler_demos_wireless_electricity.html?CNN=YES
PDF: http://www.witricity.com/pdfs/4.0_home_news_2008_03-04.pdf

Ref:
http://www.technologyreview.com/blog/arxiv/24023/?nlid=2294
http://www.technologyreview.com/blog/arxiv/23839/#comment-212835
http://arxiv.org/abs/0907.1827
http://www.er.ethz.ch/fco/

Two discussions

1. Very classic discussion topic but quite a debate mainly about world's carrying capacity.
There are two main arguments.
a.The collapse of civilisation will bring us a saner world, Paul Kingsnorth. (Collapse )
b.No, counters George Monbiot – we can't let billions perish (Human wisdom will save us)

2. Alternative to banking systems?: Web based lending and borrowing services such as Zopa described as

"a website that describes itself as a place "where people meet to lend and borrow money … sidestepping the banks". The idea is pretty simple. Someone who has money to spare goes online, says how much he's ready to lend and at what rate of interest – and waits for would-be borrowers to take him up on his offer. If both sides are happy – and Zopa stands for the negotiating term "zone of possible agreement" – then the deal goes ahead. Quite a few of them, as it happens: Zopa has now facilitated £50m worth of loans, from one ordinary Briton to another"

Reason? Quite simple according to article : " it turns out that nine of those banks who between them trousered $175bn of the American public's money in bailout funds – have fallen back into their old habits: last year they paid their top staff $32.6bn in bonuses."

According the Wall Street Journal,

• 4.4% electricity demand drop in the largest US power market (consisting of13 states east of Mississippi)
• Average spot price in the same region drops by 40%. ($61.72/ MWh from $129.48/Mwh)

"Generally, the declines in demand and prices are the most precipitous and most sustained seen in the United States since the 1950s."

Ref:

IEEE Spectrum, 12 August 2009

• Energy demand forecasts are down from 1.3% to 1.2% in this study


• Fossil fuels will provide 80% of global energy demand by 2030


• Power generation will see the fastest growth


• Energy for transportation: Flat in developed countries, doubles in developing ones


• CO2 emissions rise 30% from 2005 to 2030

Also new section, called “The Energy Imperative,” outlines the need for an integrated set of solutions that includes improved energy efficiency, development of all economically viable energy sources, and cost-effective steps to curb emissions

New Scientist wrote about Clathrate Hydrates, when "carbon dioxide is pumped into the hydrate, it spontaneously takes the methane's place" and releases the methane locked inside it. The cage like structure formed by water molecules are key to these structures. US Energy Department is working with ConocoPhilips for a field trial.

"The deposits on the North Slope of Alaska are among the richest. A 2008 USGS study showed that there are 2.4 trillion cubic metres "

Worth a look!




Ref:


http://www.newscientist.com/article/dn16848-ice-that-burns-could-be-a-green-fossil-fuel.html?DCMP=OTC-rss&nsref=online-news


http://www.conocophillips.com/NR/rdonlyres/700222AB-5BB1-4006-82D5-95E4CB5F254F/0/MethaneHydratesDataSheet.pdf


http://en.wikipedia.org/wiki/Clathrate_hydrate

A brief info about Chinese involvement as a global player in oil sector

• Russia : $10 billion loan the Chinese government extended to Russia's Rosneft in exchange for a guaranteed cut of that company's production
• Brazil: With Petrobras, arranging a similar deal with the firm that is developing a huge new offshore field - one of the biggest new discoveries in decades.
• Argentina: China National Petroleum Corporation is interested in buying all or a part of Argentina's YPF for $14.5 billion, although a deal is far from certain
• Angola: CNOOC and Sinopec are buying a $1.3 billion stake in offshore Angolan development rights from American oil firm Marathon.
• Iraq: China National Petroleum Corporation will take the majority stake in Iraq's Rumaila oilfield from BP (BP). Rumaila produces over 1 million barrels a day, and is Iraq's biggest oil field.

Also some comparisons "China National Petroleum Corporation's daily oil production is already roughly equivalent to Exxon's. And PetroChina at one point had a market capitalization twice Exxon's" but "Complex operations - like deep water drilling or liquefying natural gas, are still the domain of the Western oil firms." however : "given their need to develop those deep-water leases off Angola, the Chinese are bound to gain the technical know-how that will put them on-par with the best western firms"

Ref:
http://money.cnn.com/2009/08/17/news/international/china_oil/index.htm

NPR has this web page for visualizing the US Electric Grid, power plants, wind, solar maps.

Sadad Al-Husseini a veteran Saudi Aramco exexcutive has came up with a series of suggestions. These may not be new, but can be alarming bell for the next oil price rally in 2010. Some interesting notes:

The oil price surge that started in 2003 and collapsed in 2008 had its
roots in 1998. ....
What action is required?

• A regularly updated listing of all future oil and natural-gas-liquids (NGL)
  projects.
• Future capacity costs.
• Proven reserves categorization.

Creating an institution to house such a process is
the best way to begin to deal with the oil-supply challenges that must surely
lie ahead.

Ref: JPT Online, http://www.spe.org/jpt/print/2009/08/7GuestEditorial.pdf

A very interesting page for general energy models. You can download and use them for policy analysis. Check the elibrary for useful papers.

Check:

http://www.millennium-institute.org/resources/elibrary/index.html#models

• 7% of the passengers are using rail systems


• Rail mass transport system is 55 km and consumes 70 million kWh
  
• By 2012, Istanbul rail system will reach 230 km, consuming 450 million kWh

London Metro is consuming 1.17 TWh (Billion kWh) per annum

References:

Some very useful info from Dr. Michael Dittmar @ The Oil Drum:

• Commercial nuclear reactors are operated in 31 out of the 200 countries on our planet. In 2009, 436 nuclear power plants, with a net installed capacity of 370.2 GW electric power, are in operation. These reactors provide about 14% of the electric energy produced world-wide
• 2008 was the first year since at least 40 years, when not even one new reactor was connected to the electric grid.
• [...] 2005, 2007, and 2008 when, 2626 TWhe, 2608 TWhe, and 2601 TWhe were generated
• 48 reactors are under construction today
• reactors would require roughly 500 tons of natural uranium per GWe for the first load and 170 tons/year during the following years
• the yearly uranium demand will increase from 65,000 tons in 2008 to about 90,000 tons by 2015.

Also:

assume that each nuclear weapon contains on average just the critical mass or at
least 50 kg of U235. Using this assumption, we find that the U235 of one nuclear
bomb corresponds to 7 tons of natural uranium equivalent on average, and that
the uranium from about 25 such bombs is sufficient to operate a 1 GWe reactor for one year

World Nuclear Power Reactors & Uranium Requirements

There is a very good presentation by Matt Simmons arguing the bad side of cheap oil. The low prices keeps the investments at low levels. Therefore the seeds of another oil shock will be planted soon, if prices do not climb to acceptable levels.

The presentation is available here : http://www.simmonsco-intl.com/files/SPE%20Gulf%20Coast.pdf

This version of the report starts with the criticization of IEA numbers, especially China. Crude Oil production is down by nearly 3 million barrels (not world liquid production). Check the oil demand of OPEC countries! There is a big drop in their demand as well. Also, have a look to the Mexico, UK and Norway.

Report is available here (Peakoil.nl)

If you are making forecasts, new and timely statistics are extremely important. You will also know that generally, new data come up with a lag. For example in Turkey it takes not less than 2 months for us to see crucial data. This recent article at Google Research will probably help us, all.
The paper by Varian and Choi can be downloaded from here. The mechanism is clever yet simple: use the normalized searched volumes from Google Insight to correlate with the real data like house sales, cars and etc.
Although I use some other data for Turkey, let me show you the effect of recent tax break on auto.

The tax break has been revealed on 16th March 2009 and the search volume is given above (keyword:oto, region: Turkey). The effect is close to %67. According to this article, the actual sale figures raise by 100%.

http://googleresearch.blogspot.com/2009/04/predicting-present-with-google-trends.html
http://google.com/googleblogs/pdfs/google_predicting_the_present.pdf
http://www.hurriyet.com.tr/ekonomi/11470037.asp

Baker Hughes(BH) has a very interesting interactive map, that shows you the locations of various drilling activites. It is a sample of their professional work. Their reports are a good indicator for drilling activities. For example, check the following dates and you can easily observe the effects of recession.

On 28 March 2008, there were 1808 rig counts by BH, by the same period in 2009, this number dropped to 1085. A staggering 769 drop. A 42% drop....Report for 30 March 2009.

You can also access the interactive web page from here .or here.
From the page, you can select from various parameters and see the latest data. It is limited to US however it gives a good activity about oil in the world's biggest consumer. On the date I checked it, gas activity was higher than oil activity.

Links:

Report: http://gis.bakerhughesdirect.com/Reports/StandardReport.aspx

Interactive map: http://gis.bakerhughesdirect.com/RigCounts/default2.aspx
or try this link: http://gis.bakerhughesdirect.com/RigCounts/

World Energy Projection system is an old model that Department of Energy, US once used for some of their projections. It looks like more of an accountant's balance sheets, but you can download and check the validity of the model for fun, it will be a good exercise.

Model can be downloaded from here and documentation is here. In the document you can find the relevant informations about using the files.

"The World Energy Projection System (WEPS) was developed by the Office of Integrated Analysis and Forecasting within the Energy Information Administration (EIA), the independent statistical and analytical agency of the U.S. Department of Energy. WEPS is an integrated set of personal computer-based spreadsheets containing data compilations, assumption specifications, descriptive analysis procedures, and projection models. The WEPS accounting framework incorporates projections from independently documented models and assumptions about the future energy intensity of economic activity (ratios of total energy consumption divided by gross domestic product [GDP]), and about the rate of incremental energy requirements met by natural gas, coal, and renewable energy sources (hydroelectricity, geothermal, solar, wind, biomass, and other renewable resources). Projections produced by WEPS are published in the annual report, International Energy Outlook."

http://www.eia.doe.gov/oiaf/ieo/weps/
Doc: http://tonto.eia.doe.gov/FTPROOT/modeldoc/m05097.pdf

While surfing on the net to find some interactive pages about Gridwise Goodwatts, I found the following pages. Building dashboards are interactive webpages that show you the resources you use ( electricity, water, gas) as well as solar generation and water recycling (grey water.). They have a starter package and some of their customers are big names (Like Yahoo). The current use of this technology may be to improve energy use of people, but this is step forward for smart grid-metering technologies. There is a link to the demo page too.
Lucid Design Group explains some of their services as follows :

".... features an easy-to-understand, web-based display for providing occupants with real-time feedback on resource use. Check out your consumption right now, or look at consumption patterns over time. See how many dollars you're spending or pounds of carbon dioxide you're emitting into the atmosphere. Go a step further and instantly compare your building's usage with another monitored building, or launch a competition and rival your friends and coworkers to reduce their consumption."

They also have a demo page for you to see what other things is possible with the starter kit. You can compare per person consumption, between different buildings and etc. 5 stars

http://www.luciddesigngroup.com/
Demo: http://www.buildingdashboard.com/demo/starter/
Other dashboards: http://buildingdashboard.com/clients/uvm/davis/ , Cubolder , EcoManor, Yahoo , SweetWater

Nowadays when making oil price forecasts, one should also consider how the dollar's value will change. Before the G20 in London, interesting discussions are going on.
If there are concerns about dollar's long term future (we do not expect any radical changes in the short term), oil's value in terms of other commodities may stay same but in terms of dollars oil prices may rise.

WSJ : China Takes Aim at Dollar
Chinese Central Bank : Reform the International Monetary System

Then check this one:

My conclusions:
1 - Crude and square of euro/dollar parity is in harmony
2 - Recession started hitting by the end of september 2008
3 - Crude and gold relation is broken for sometime
4 - Observe the euro's appreciation against dollar and rise in crude prices

All this means is crude prices will rise, since dollar will lose some of its value. By the end of May 2009, there is a great possibility that we may see 65-70 $ if dollar continues its slow depreciation. May is the start of driving season.

Map can be reached from this website:

One of my friends has shared the following article from New York Times which I enjoyed reading. The article tries to find out whether we reached the "bottom of recession", using several indicators. It looks to three indicators:

"The Oilwatch Monthly is a newsletter that is available free of charge with the latest data on oil supply, demand, oil stocks, spare capacity and exports." (The Oil Drum).


This report is quite useful for getting information about world's prominent oil producers and consumers. It is like an open source, illustrated version of IEA's Oil Market Report. The monthly is prepared by "Peak Oil Netherlands". In this edition, check for Russian, Egyptian, Malaysian and Mexican productions and US, OECD and EU consumptions.
You can download the report from here. Following excerpts are from the intro:

"Instead the cartel is going to focus on reaching 100% compliance with the earlier cuts totalling 4.2 million b/d, between now and its next meeting on 28 of May. So far 80% compliance has been reached, with 3.4 million b/d from 36.08 million b/d total produced last October being cut, resulting in 32.68 million b/d of liquids produced in February 2009. "

"OECD demand in December 2008 was 788,000 b/d lower than in july 2008, OPEC-11 (excluding iraq) was 650,000 b/d lower than in July, and Chinese demand was 687,000 b/d lower. A total decline of more than 2 million b/d, while OPEC in December had only cut production by 1.26 million b/d."

"More recent figures from the Energy Information Administration show that crude oil stocks in the USA increased from 334 million barrels in January to 350 million barrels in February, a level not seen since the beginning of the 1990s. On top of the commercial stocks on land the 50 to 80 million barrels of floating storage in oil tankers on the seas still remain."

Oil Watch Monthly: March 2009
http://www.peakoil.nl/wp-content/uploads/2009/03/2009_march_oilwatch_monthly.pdf

Maybe a bit of history but the following numbers worth a look. This is published in June, 2008. Dolar is appreciated since then and commodity prices have collapsed.

Check this report (Page 11)
"What do all these cost increases mean for the cost of building a new generating
plant?"


"No one knows precisely. It’s difficult to get consistent and trustworthy numbers about plant costs, both because they are commercially sensitive and because the assumptions behind them vary greatly. The numbers reflected on the slide come from a variety of sources and include different assumptions about, for example, location or exactly what facilities are included in the estimate. To take one example: Two recent nuclear procurements in South Carolina and Georgia produced cost estimates of $5,100 and $6,400 per kW, respectively, for the same technology. We have been told that most of the difference may be due to different uses of Allowances for Funds Used during Construction – AFUDC."


Source:http://www.ferc.gov/legal/staff-reports/06-19-08-cost-electric.pdf

Oil prices inched toward $43 a barrel Thursday in Asia after an unexpected rise in U.S. crude inventories, suggesting demand remains poor, sparked a big drop in prices overnight (Yahoo)

"The deepening economic gloom should, in theory, support the case for a new cut. Yet the group has still not managed to reduce output to the target level, though at a compliance rate just short of 80%, it's very close." (Rigzone)

Venezuela gross domestic product will shrink 4.1 percent in 2009 as revenue from oil sales plunges by $50 billion (Bloomberg)

Daniel Yergin : "We're now in the Great Recession, and that's what the price reflects....GDP is going to determine the price. .... Oil is not only the world's most important commodity, it's a barometer of the global economy .... OPEC, "like everyone else, is trying to understand the depths of the recession"

Russian President Dmitry Medvedev underscored here on Thursday his country's interest in fair and stable price for oil in world markets. Russia’s ruble plunged the most in almost three weeks against the dollar as Russia’s largest privately owned bank forecast a 20 percent depreciation and the price of oil continued to decline. Russian reserves fell $3.8 billion to $380.5 billion last week, after rising $2.4 billion in the previous week, Bank Rossii said today. Russian investors and locals have withdrawn and converted more than $300 billion since August. (Bloomberg)

Oil output capacity will likely decrease worldwide over the next few years as producers curtail their investments in response to lower crude prices, a regional energy specialist said on Wednesday.

The world population is projected to top nine billion in 2050, up from 6.8 billion this year and seven billion early in 2012, according to UN estimates released Wednesday

One of my favourite sites on the net is Graphoilogy. Although they do not post that frequently, the site is quite useful for anyone interested in graphs and their relations to oil. Last month they have posted a graph from Traffic Volume Trends:
Data from : http://www.fhwa.dot.gov/ohim/tvtw/tvtpage.cfm
Sources:
http://graphoilogy.blogspot.com/2009/02/vehicle-miles-driven-at-record-low.html
http://www.calculatedriskblog.com/2009/02/us-vehicle-miles-driven-off-36-in-2008.html

One of the implications of the recession is the big drops in electricity demands. In the developing countries, we see electricity demand drops followed by drops at industrial activity statistics. Here we see a basic example of economic activity(export rate is an indicator of Chinese economy) and electricity demand.

This news (China hit by massive drop in exports) from Financial Times says :
"Chinese exports plunged 25.7 per cent in February compared with a year ago, much higher than analysts had expected, as the global economic crisis began to take its full toll on the country’s export sector."

You should also check the following line:
"China’s exports have decreased for four months in a row, but until February the rate of decline had been much slower than seen in other Asian countries with large export sectors. .... The trade surplus, which has been at record levels for the last four months, also shrank sharply from $39.1bn to $4.84bn."

This reminded me the news from last month about a drop in Chinese electricity demand. Last month(Jan 2008), we have seen a 13% drop in Chinese electricity demand:

"Major power producers generated only 250.3 million megawatt hours of electricity last month, falling 13 percent from a year earlier, the China Daily reported. This is the fourth consecutive month that electricity generation in the country declined".
Source: China Post

Also read this one from Xinhua:

"However, the decline was smaller than in November and December, when power use fell 8.6 percent and 8.93 percent, respectively. According to CEC, the slowing pace of decline was a sign of economic recovery, as industrial use accounts for about 75 percent of total consumption. "

If you check Chinese state grid web site (http://www.sgcc.com.cn/) , you will see that the graphs (English / Statistics) are not updated for a long time

If you are one those experts that do not submit yourself to international climate change groups and have enough knowledge to built your own scenarious, there is tool that can help you.
It is free of charge, just press download in the following site, and submit the form, then you will be directed to a page to download one big chunk of model and files. (Size: 160 MB). The name of the program is Magicc/Scengen. It does all sorts of things. Web page is at the end of this post.
The following information is from the website:

"MAGICC consists of a suite of coupled gas-cycle, climate and ice-melt models integrated into a single software package. The software allows the user to determine changes in greenhouse-gas concentrations, global-mean surface air temperature, and sea level resulting from anthropogenic emissions"



MAGICC/SCENGEN Overview:
MAGICC and SCENGEN are coupled, user-friendly interactive software suites that allow users to investigate future climate change and its uncertainties at both the global-mean and regional levels. MAGICC carries through calculations at the global-mean level using the same upwelling-diffusion, energy-balance climate model that has been and is employed by IPCC. SCENGEN uses these results, together with spatially detailed results from the CMIP3/AR4 archive of AOGCMs, to produce spatially detailed information on future changes in temperature, precipitation and MSLP, changes in their variability, and a range of other statistics.
In running MAGICC/SCENGEN, the user can intervene in the design of the global or regional climate change scenario in the following ways:
By selecting and/or specifying the greenhouse gas and sulfur dioxide emissions scenarios.
By defining the values for a limited set of climate model parameters in MAGICC that are important in determining the effects of uncertainties in the carbon cycle, the magnitude of aerosol forcing, the overall sensitivity of the climate system to external forcing, and ocean mixing rate.
By specifying the future time period for which results are displayed (out to 2400).
By specifying the AOGCMs that are averaged to produce the climate change pattern information.
By selecting an area or region for spatial averaging of climate change results.
This version of MAGICC/SCENGEN was developed primarily with funding from the U.S. Environmental Protection Agency, but it rests on developments carried out over the past 20 years that were funded by a number of organizations.

Download from here:

One of the many questions regularly discussed in Turkey is whether the energy demand projections are faulty or there is an "age-old" program that doesn't fit today's world. To challenge this question and to show that results are a product of inputs, I made an approximation to Turkish Energy Ministry's MAED results of 2004. The following excel sheet is a result of my work. What I basically did was to take the published forecasts from the ministry's web site and make the appropiate approximations. By permission, I posted it on several forums. And no one criticized it, and I received emails for how to use the model or methodology!
The main point in this work is as long as you put economic realisations model corrects itself. At the end even some Nobel price winning economists do not owe their success to that software or this software but a bunch of simple equations.
The following forecast assumes 2009 is not a negative growth year.
My forecast for March is as follows (for total energy):

And electricity demand is as follows


Excel file is here, use with permission ( The economic and demographic growth rates are not reflecting the real values)

Turkish electricity consumptions by sectors can be reached from TEDAS website. The latest year is 2007

You can also reach the Excel file that I prepared from this link.

The important thing in this graph is the robust growth in services and industry sectors. Of course, when looking into 2009, we will miss that year dearly. In services sector, especially hotels and tourism may be a bing contributor to this demand. Household consumptions however is more balanced and with a slower than economic growth rate.

The happy days are over and we cannot have a good prediction for the end of this recession. Energy demand is highly correlated with economic growth. For developed countries, energy demand growth is less than the economic growth, on the other hand for developing nations it may be more than the economic growth.
So to forecast energy demand, oil prices and new investment cycle, economic forecasts are very important.
Recently econbrowser.com website has a very interesting post to read. It may need some econometric background but the main point is quite clear. Will the rebound from the recession start with a big jump or just average?
Answers vary, and if you read the post and relevant links, there are two explainations:
1. It will be higher than normal : (Trend stationary)
"suppose that the economy is down because people are postponing the purchases of cars and other goods out of fear. That would be a trend-stationary story, because it suggests a nice rebound when people get over their fear."
2 . It will be just around average: (Unit root)
"Suppose that the economy is down because we accumulated the wrong types of physical capital (houses) and human capital (skills in mortgage securitization). That is a unit-root type problem. Yes, the economy will start growing again at some point, but that misallocation of physical and human capital is a permanent loss. We are not going to make up for it with some above-normal growth."

The detailed explanations and models worth reading:

From EconBrowser.com

A simple regression of log GDP on a time trend and lagged log GDP, over the 1967q1-08q4 period yields the following:

y_t = 0.424+0.0004time + 0.945y_t-1

Where Adj-R² = 0.9995, SER = 0.008

The AR1 coefficient of 0.945 (se = 0.03) implies a half life of 12.25 quarters, or slightly over 3 years for a deviation from output. Since AR coefficients are biased downward, this is a downwardly biased estimate of the half life.

Brad de Long's Blog

A more technical article about this issue:
Unit root or trend stationary
from Greg Mankiw's Blog

It may sound stupid to you, but this is actually true. Too many wind turbines may really slow down earth's rotation, but not to significantly. From Yahoo Answers :

"The effect on the Earth's rotation should be less than any effect on the wind. It wouldn't be significant and it might not even be measurable. Besides global climate change from burning coal to generate electricity will effect the Earth far more than the potential lose or gain of a picosecond in a day caused by wind turbines."

You can also check another discussion at Discovery Community website.
This is the basic problem with generating energy, like Heisenberg's Uncertainity Principle , when you try to use one kind of technology to harness an innocent energy type, you change other things.
But still, the key point is to have the minimal impact!