Spot market electricity prices for Saturday, Nov. 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.18 billion Turkish liras

The highest electricity price rate for one megawatt-hour on Türkiye's day-ahead spot market for Saturday will be 3,400 Turkish liras at 7 a.m., 8 a.m., and between 5 p.m. and 7 p.m. local time (0400, 0500 and 1400-1600 GMT), according to official figures released Friday.

The lowest rate was set at 537 liras at 11 a.m. local time (0800 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for Saturday’s electricity market trade volume showed a decrease of 14.5% to around 1.18 billion liras compared to Friday.

The arithmetical and weighted average prices for electricity on the day-ahead spot market are calculated at 2,255.59 liras and 2,257.74 liras, respectively.

The highest electricity price on the day-ahead spot market for one megawatt-hour for Friday was set at 3,400 Turkish liras between 7 a.m., 8 a.m. and between 5 p.m. and 7 p.m. local time (0400, 0500 and 1400-1600 GMT), while the lowest was at 251 liras at 12 p.m. local time (0900 GMT), the data showed.

US$1 equals 42.37 liras at 2 p.m. local time (1100 GMT) on Friday.

By Humeyra Ayaz

Anadolu Agency

energy@aa.com.tr