Tuesday, 02 January 2024 12:17 GMT

Turkey sets day-ahead spot market electricity prices for Thursday


(MENAFN) The greatest electricity price volume for one megawatt-hour on Turkey’s day-ahead spot market for Thursday is going to be 3,000 Turkish liras between 5 p.m. and 8 p.m. local time (1400-1700 GMT), based on formal data on Wednesday.

The smallest volume was set at 1,000.01 liras at 2 a.m. local time (2300 GMT), the figures revealed.

The Energy Exchange Istanbul (EXIST) figures for the trade volume for Thursday's electricity market reveals a decline of 9.07 percent to about 1.35 billion liras compared to Wednesday.

The arithmetical as well as weighted average electricity prices on the day-ahead spot market are calculated as 2,228.75 liras and 2,290.91 liras, respectively.

The greatest electricity price volume for one megawatt-hour for Wednesday was set at 3,000 Turkish liras at 8 a.m., 9 a.m. and between 4 p.m. and 6 p.m. local time (0500, 0600, 1300-1500 GMT), whereas the smallest volume at 1,259.99 liras at 12 p.m. local time (0900 GMT).

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