He was born in 1984 in Dinar, Afyon. In 2007, he graduated from Dokuz Eylül University, Department of Economics in English.
He started his career as an Assistant Inspector at Ziraat Bank in August 2008. On February 17, 2009, he started to work as an Assistant Energy Expert at the Energy Market Regulatory Authority. While working at the Electricity Market Department, he wrote his thesis titled "Effective Regulation and Market Monitoring in the Electricity Market" and became an Energy Expert on May 14, 2012. Since May 2013, he worked as Energy Specialist, Group Head, Head of Department and Vice President in the Tariffs Department.
On September 15, 2023, Özkaya was appointed as the General Manager of Energy Affairs and he is married with two children.