The trade volume of Turkey's day-ahead spot electricity market increased 45.11% in February compared to the same month of 2019, 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 4.3 billion liras in February compared to 2.97 billion liras in February 2019.
EXIST reported transactions in the day-ahead market in February of 14.26 million megawatt-hours.
The highest trade volume on a daily basis was recorded on Feb. 7 at 172.4 million liras, while the lowest occurred on Feb. 16 with 88.4 million liras.
In February, the average electricity rate for one-megawatt hour in the day-ahead spot market was calculated as 298.41 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 6.22 Turkish liras at 0743 GMT on Monday.
By Firdevs Yuksel