Turkey's electricity market trade volume up 43% in June

- Trade volume in day-ahead spot electricity market for June exceeds 4.1 billion Turkish liras

The trade volume of Turkey's day-ahead spot electricity market increased by 43% in June compared to the same month of 2019, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).

The trade volume in the day-ahead spot electricity market, which EXIST started to operate in 2015, registered at about 4.1 billion liras this June compared to around 2.9 billion liras in June last year.

EXIST reported transactions in the day-ahead market in June of 14 million megawatt-hours.

The highest daily trade volume was recorded on June 30 at 160 million liras, while the lowest occurred on June 14 with 102.3 million liras.

The average electricity rate for one megawatt-hour in the day-ahead spot market in June was calculated as 291.31 liras.

Turkey's energy exchange company, responsible for operating energy trade, including power and gas commodities, provides counter-party guarantees in its transactions.

US$1 equals 6.85 Turkish liras at 0712 GMT on Thursday.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr