The trade volume of Turkey's day-ahead spot electricity market increased 8.57% in March compared to the same month of 2019, according to data provided by Turkey's Energy Exchange Istanbul (EXIST) on Wednesday.
The trade volume in the day-ahead spot electricity market, which EXIST started to operate in 2015, registered at 3.5 billion liras in March compared to 3.2 billion liras in March 2019.
EXIST reported transactions in the day-ahead market in March of 14.05 million megawatt-hours.
The highest trade volume on a daily basis was recorded on March 20 at 155.9 million liras, while the lowest occurred on March 8 with 52.9 million liras.
In March, the average electricity rate for one-megawatt hour in the day-ahead spot market was calculated as 245.09 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 6.63 Turkish liras at 0708 GMT on Wednesday.
By Firdevs Yuksel