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Spot market natural gas prices for Sunday, Aug. 1
- 1,000 cubic meters of natural gas on spot market costs 2,154 Turkish liras
Turkey's daily power consumption down 8.02% on Aug. 1
- Electricity exports amount to 14,942 megawatt-hours, while imports totaled 5,705 megawatt-hours
Turkey's renewable energy labs to boost jobs for Syrians, Turkish host communities
- Laboratories are located in five different provinces with renewable energy potential and high number of Syrian refugees
Turkey to lay 169 kms of seabed gas pipeline at Sakarya Gas Field
- Country completed 11,000 square kilometers of three dimensional seismic exploration at Sakarya Gas Field, Donmez says
Spot market electricity prices for Sunday, July 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 238.68 million Turkish liras
Spot market natural gas prices for Friday, July 23
- 1,000 cubic meters of natural gas on spot market costs 2,060 Turkish liras
Turkey's daily power consumption up 1.9% on July 23
- Electricity exports amount to 14,963 megawatt-hours, while imports totaled 3,098 megawatt-hours
US oil rig count up by 7 for week ending July 23
- Number of US oil rigs rise by 206 compared to one year ago
Solar Age Program to empower Syrian women in Turkey
- Program trains women on sustainable production of solar-powered rechargeable power banks
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Oil down with postponement of OPEC+ meeting for further consultation
- OPEC+ is expected to add back 400,000 barrels per day each month from August to December
Turkey's latest solar tender to generate 6 billion Turkish liras of investment
- YEKA GES-3 to meet power needs of 600,000 households with 1.7 billion kilowatt-hours of electricity generation per year
Spot market electricity prices for Friday, July 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 318 million Turkish liras
Spot market natural gas prices for Wednesday, June 30
- 1,000 cubic meters of natural gas on spot market costs 1,904 Turkish liras
Turkey's daily power consumption breaks new record on June 30
- Daily electricity consumption of 1.04 million megawatt-hours on Wednesday smashes Tuesday's record high
Spot market electricity prices for Sunday, June 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 225.77 million Turkish liras
Spot market natural gas prices for Friday, June 25
- 1,000 cubic meters of natural gas on spot market costs 2,000 Turkish liras
Turkey's daily power consumption up 1.6% on June 25
- Electricity exports amount to 11,768 megawatt-hours, while imports total 6,548 megawatt-hours
US oil rig count down by 1 for week ending June 25
- Number of US oil rigs rise by 188 compared to one year ago
Need for skilled workforce for Turkey's rapidly growing wind sector
- Employment in wind sector has potential to double in next 15 years, general director of Nordex Turkey says
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Turkey to launch its 1st floating LNG storage & gasification vessel on June 25
- Ertugrul Gazi will be first FSRU ship to fly the Turkish flag, energy minister says
Spot market electricity prices for Saturday, June 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 200.6 million Turkish liras
Spot market natural gas prices for Thursday, June 17
- 1,000 cubic meters of natural gas on spot market costs 1,749 Turkish liras
Turkey's daily power consumption up 1% on June 17
- Electricity exports amount to 11,898 megawatt-hours, while imports total 5,474 megawatt-hours
Turkey finalizes first phase of Turkey's biggest solar power plant
- Turkey launches Supervisory Control and Data Acquisition center at Karapinar Solar Plant in province of Konya
Another exploratory well in Turkey's Black Sea can be drilled this year
- Move comes after Turkey announces discovery of 135 billion cubic meters of in Amasra-1 well on Friday
Danish energy firms focus on Turkey as Covid-19 disrupts supply
- Two visits from Denmark to Turkey are planned in 2022 on wind energy, water, energy efficiency, Danish Consul General says
Spot market electricity prices for Monday, June 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 206.2 million Turkish liras
Spot market natural gas prices for Saturday, June 5
- 1,000 cubic meters of natural gas on spot market costs 1,789 Turkish liras
Turkey's daily power consumption down 4.4% on June 5
- Electricity exports amount to 9,743 megawatt-hours, while imports total 8,434 megawatt-hours
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Germany invests €25 billion in Turkish energy sector, employing 15,000
- Trade volume and investment levels showcase German investors' trust in Turkish energy sector and economy, Donmez says
Spot market natural gas prices for Monday, May 31
- 1,000 cubic meters of natural gas on spot market costs 1,755 Turkish liras
Turkey's daily power consumption up 12.9% on May 31
- Electricity exports amount to 9,927 megawatt-hours, while imports total 5,689 megawatt-hours
Oil mixed over projected demand growth, possible return of Iranian crude
- Investors are focused on the 17th OPEC and non-OPEC Ministerial Meeting this week
Brent price up over 3% for week ending May 28
- However, market jitters endure as potential sanctions lift on Iranian oil could bring extra barrels to pandemic-hit market
Spot market electricity prices for Saturday, May 29
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 191.91 million Turkish liras
Spot market natural gas prices for Thursday, May 27
- 1,000 cubic meters of natural gas on spot market costs 1,729 Turkish liras
Turkey's daily power consumption up 0.1% on May 27
- Electricity exports amount to 10,120 megawatt-hours, while imports total 6,017 megawatt-hours
Oil mixed as positive US economic data prevents falls
- Rising sentiment over quicker fuel demand recovery also limits price falls
Turkey plans 4 renewable tenders of 4,000-megawatt capacity by year-end
- Renewable Energy Resource Zone tenders form part of Turkey's goal to expand usage of domestic and renewable sources by 2023
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Brent price down over 4% for week ending May 21
- Prices found limited support as lockdowns and restrictions ease in major economies
Oil prices mixed on optimism over Iran nuclear talks
- Investors are hopeful about fuel demand recovery supported by ongoing vaccination programs in US and Europe
EC approves €22.5 billion Polish scheme for offshore wind farms
- Measure will help Poland reach its renewable energy targets without unduly distorting competition, says European Commission
Oil prices up over less-than-expected rise in US crude stocks
- However, rising Covid-19 cases worldwide, especially in India, pressure bullish prices
Spot market electricity prices for Sunday, May 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.47 million Turkish liras
Spot market natural gas prices for Friday, May 7
- 1,000 cubic meters of natural gas on spot market costs 1,718 Turkish liras
Turkey needs $10B venture capital for gold exploration, development
- Country's gold production is estimated to reach at least 45 tonnes by year-end
08.05.2021
Turkey
Turkey's daily power consumption down 1.72% on May 7
- Electricity exports amount to 13,763 megawatt-hours, while imports total 8,064 megawatt-hours
US oil rig count up by 2 for week ending May 7
- Number of US oil rigs rise by 52 compared to one year ago
Brent price up over 2% for week ending May 7
- Hopes of oil demand rebound ahead of summer season help bullish oil prices while rising virus cases keep demand fears fresh
07.05.2021
Oil
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Oil up on projected demand rise, positive US, China economic data
- However rising cases in key crude importer India continues to pressure prices
Turkey hopes for EBRD's support for new energy tech.
- EBRD is one of the most important international financial organizations for our country," says energy minister
Spot market natural gas prices for Sunday, May 2
- 1,000 cubic meters of natural gas on spot market costs 1,692 Turkish liras
Spot market electricity prices for Tuesday, May 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 207.23 million Turkish liras
Turkey's daily power consumption down 3.73% on May 2
- Electricity exports amount to 8,516 megawatt-hours, while imports total 5,936 megawatt-hours
Turkey, TRNC ink oil, electricity cooperation protocols
- Turkey considers energy supply security of Turkish Republic of Northern Cyprus as similar to that of Turkey: Energy minister
Turkey, Iran prioritizes preferential trade expansion
- Two countries want to enlarge number of products under deal, Turkey's energy minister says
Oil prices down nearly 2% for week ending April 23
- Bearish oil prices are pressured by rising cases globally while India registers fresh all-time highs on Friday
Spot market natural gas prices for Thursday, April 22
- 1,000 cubic meters of natural gas on spot market costs 1,655 Turkish liras
Turkey's daily power consumption down 0.22% on April 22
- Electricity exports amount to 9,727 megawatt-hours, while imports total 5,899 megawatt-hours
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Oil up on fuel demand recovery hopes in US, Europe
- However, resurgence in COVID-19 cases in India and Japan continues to put pressure on prices
Turkey's 1st FSRU vessel arrives in Dortyol: Minister
- Vessel has LNG storage capacity of 170 thousand cubic meters
Turkey's first mini solar tenders to be held next week
- Mini YEKA tenders will incorporate more small and medium-sized investors to expand deployment of renewables, Donmez says
Well tests to start in May in Turkey's Sakarya Gas Field
- Kanuni drillship will conduct tests in Tuna-1, Turkali-1 and Turkali-2 wells
Spot market natural gas prices for Monday, April 12
- 1,000 cubic meters of natural gas on spot market costs 1,653 Turkish liras
Spot market electricity prices for Wednesday, April 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 192.74 million Turkish liras
Turkey's daily power consumption up 15% on April 12
- Electricity exports amount to 10,746 megawatt-hours, while imports total 2,042 megawatt-hours
Oil prices down for week ending April 9
- Investors weigh rising supplies as weak demand outlook continues due to Covid-19
Oil prices mixed over weaker dollar, rising supplies
- Prices still under pressure after major oil producers of OPEC+ agree to increase output after April
Spot market electricity prices for Friday, April 9
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 153.99 million Turkish liras
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Spot market natural gas prices for Wednesday, April 7
- 1,000 cubic meters of natural gas on spot market costs 1,657 Turkish liras
Turkey's daily power consumption down 3.2% on April 7
- Electricity exports amount to 7,184 megawatt-hours, while imports total 1,100 megawatt-hours
Turkey invests $635M in energy efficiency in 2020
- Having invested $4.8 bln. between 2017 and 2020, Turkey aims to invest $11 bln. by 2023 in line with energy efficiency plan
US energy agency revises up its oil price forecast
- International benchmark Brent crude is now estimated to average $62.28 per barrel in 2021
Oil prices up on strong economic outlook, stock draw
- American Petroleum Institute estimates more-than-expected inventory draw of 2.618 million barrels for week ending Apr. 2
Oil prices up with strong economic data from US, China
- Upward price trend pushed back by OPEC+' decision to ease output and on indirect talks between US and Iran in Vienna
Spot market natural gas prices for Saturday, April 3
- 1,000 cubic meters of natural gas on spot market costs 1,644 Turkish liras
Turkey's daily power consumption up 1.55% on April 3
- Electricity exports amount to 12,506 megawatt-hours, while imports total 1,353 megawatt-hours
Turkey's energy import bill down 12.2% in February 2021
- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production
Spot market electricity prices for Wednesday, March 31
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 166.06 million Turkish liras
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Spot market natural gas prices for Monday, March 29
- 1,000 cubic meters of natural gas on spot market costs 1,408 Turkish liras
Turkey's daily power consumption up 14.3% on March 29
- Electricity exports amount to 16,579 megawatt-hours, while imports total 4,416 megawatt-hours
Brent oil price down 0.91% for week ending March 26
- Prices in downward trajectory with third Covid wave concerns and more-than-expected build in US crude inventories
Oil up as Suez Canal blockage fuels supply worries
- Efforts to free container ship, Ever Given, are expected to take weeks, says Suez Canal authorities
Oil prices down over rise in US crude oil inventories
- Probable disruptions in vaccine programs and prospects of new restrictions prove bearish for prices
Turkey receives 709 applications for mini solar tenders
- 74 mini Renewable Energy Resource Zone tenders expected to meet energy needs of 1.23 million households
Spot market electricity prices for Monday, March 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 178.71 million Turkish liras
Spot market natural gas prices for Saturday, March 13
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
Turkey's daily power consumption down 5.76% on March 13
- Electricity exports amount to 8,067 megawatt-hours, while imports total 1,411 megawatt-hours
Akkuyu nuke plant to meet 10% of Turkey's power demand
- First unit of Akkuyu is planned to start in 2023, and thereafter one per year of remaining three units up to end of 2026
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Spot market electricity prices for Thursday, March 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 187.96 million Turkish liras
Spot market natural gas prices for Tuesday, March 9
- 1,000 cubic meters of natural gas on spot market costs 1,319 Turkish liras
Turkey's daily power consumption up 1.76% on March 9
- Electricity exports amount to 8,300 megawatt-hours, while imports total 3,862 megawatt-hours
Oil up on projected economic recovery, inventory draw
- Oil prices retreat from $71 threshold on Tuesday after attacks on Aramco's oil facilities had no immediate impact on output
Spot market electricity prices for Sunday, March 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 148.84 million Turkish liras
Spot market natural gas prices for Friday, March 5
- 1,000 cubic meters of natural gas on spot market costs 1,295 Turkish liras
Turkey's daily power consumption down 2.56% on March 5
- Electricity exports amount to 8,660 megawatt-hours, while imports total 8,127 megawatt-hours
US oil rig count rises by 1 for week ending March 5
- This marks drop of 372 in number of US oil rigs compared to one year ago
Turkey's daily power consumption down 0.25% on March 3
- Electricity exports amount to 10,083 megawatt-hours, while imports total 2,483 megawatt-hours