The trade volume of Turkey's day-ahead spot electricity market increased by 5.5% in February 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 4.6 billion Turkish liras as of February this year, compared to around 4.3 billion liras in February 2020.

EXIST reported transactions in the day-ahead market in February of around 15.8 million megawatt-hours.

The highest daily trade volume was recorded on Feb. 19 at 181.8 million liras, while the lowest occurred on Feb. 14 with 127.2 million liras.

The average electricity rate for one megawatt-hour in the day-ahead spot market in February was 286.89 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 7.35 Turkish liras at 0637 GMT on Monday.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr