The trade volume of Turkey's day-ahead spot electricity market increased by 26.7% in December 2020 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 4.99 billion Turkish liras in December 2020 compared to around 3.94 billion liras in December 2019.
EXIST reported transactions in the day-ahead market in December 2020 of 16.9 million megawatt-hours.
The highest daily trade volume was recorded on Dec. 23, 2020, at 190.4 million liras, while the lowest occurred on Dec. 13, 2020, was 136.53 million liras.
The average electricity rate for one megawatt-hour in the day-ahead spot market in December 2020 was 293.34 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 7.34 Turkish liras at 0756 GMT on Wednesday.
By Firdevs Yuksel