The trade volume of Turkey's day-ahead spot electricity market increased by 21.1% in August 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 began operations in 2015, registered at about 5.2 billion Turkish liras this August compared to around 4.3 billion liras in August last year.
EXIST reported transactions in the day-ahead market in August of 17.5 million megawatt-hours.
The highest daily trade volume was recorded on Aug. 7 at 189.3 million liras, while the lowest occurred on Aug. 2 with 136.7 million liras.
The average electricity rate for one megawatt-hour in the day-ahead spot market in August was calculated as 298.70 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 7.42 Turkish liras at 0840 GMT on Friday.
By Firdevs Yuksel