The trade volume of Turkey's day-ahead spot electricity market increased by 132.8% in May compared to the same month of 2020, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).
The trade volume in the day-ahead spot electricity market, which began operations in 2015, registered at about 6.12 billion Turkish liras as of May this year, compared to around 2.63 billion liras in May last year.
EXIST reported transactions in the day-ahead market in May of around 16.9 million megawatt-hours.
The highest daily trade volume was recorded on May 6 with 235.6 million liras, while the lowest occurred on May 13 with 141 million liras.
The average electricity rate for one megawatt-hour in the day-ahead spot market in May was 360.59 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 8.74 Turkish liras at 0623 GMT on Friday.
By Firdevs Yuksel