The trade volume of Turkey's day-ahead spot electricity market increased by 53.2% in October 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 5.3 billion Turkish liras this October compared to around 3.4 billion liras in October last year.
EXIST reported transactions in the day-ahead market in October of 16.3 million megawatt-hours.
The highest daily trade volume was recorded on Oct. 6 at 257.5 million liras, while the lowest occurred on Oct. 18 with 131.5 million liras.
The average electricity rate for one megawatt-hour in the day-ahead spot market in October was calculated as 318.70 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 8.45 Turkish liras at 0735 GMT on Tuesday.
By Firdevs Yuksel
Anadolu Agency
energy@aa.com.tr