The trade volume of Turkey's day-ahead spot electricity market increased 3.26% in April compared to the same month of 2019 despite the decline in electricity demand and production affected by the coronavirus (COVID-19) outbreak, according to data provided by Turkey's Energy Exchange Istanbul (EXIST) on Monday.
The trade volume in the day-ahead spot electricity market, which EXIST started to operate in 2015, registered at 2.2 billion Turkish liras in April compared to 2.1 billion liras in April 2019.
EXIST reported transactions in the day-ahead market in April of 12 million megawatt-hours.
The highest trade volume on a daily basis was recorded on April 28 at 125.6 million liras, while the lowest occurred on April 12 with 10.3 million liras.
In April, the average electricity rate for one-megawatt hour in the day-ahead spot market was calculated as 181.16 liras.
Turkey's energy exchange company, responsible for operating energy trade, including power and gas commodities, provides counter-party guarantees in its transactions while ensuring equal access to all market participants.
US$1 equals 7.04 Turkish liras at 0521 GMT on Tuesday.
By Firdevs Yuksel