The Turkish Energy Stock Market (EPIAS) held its first transparency workshop on Tuesday in Istanbul to establish a data and analysis platform for the country's energy market.
EPIAS Chairman Hasan Huseyin Savas said in the opening speech of the workshop that the energy market participants will be able to access secure and accurate data through the platform.
There are 868 participants who are active in Turkey's power market, according to Savas. He added that the electricity market needs contributions from these companies as well as from state companies to have a solid and transparent market.
During the workshop the hot topic for discussion was the sharing of data in order to have a competitive power market.
Participants included representatives from state power companies, the Energy and Natural Resources Ministry and private power companies.
The outcome of the workshop will be presented in a report to the Energy Market Regulatory Authority of Turkey (EMRA).
EPIAS was given a 49-year-long operating license for the country's electricity market from Sept. 1 onwards.
TEIAS and state-owned Petroleum Pipeline Corporation (BOTAS) hold a thirty percent share in EPIAS, and 30 percent was bought by Istanbul Stock Exchange (BIST).
Established as a private corporation, the remaining 40 percent of EPIAS' shareholders are private companies. Each firm will be offered up to a maximum of a four percent share to avoid monopolies.
By Ugur Serhan Ozcan
Anadolu Agency
ugur.ozcan@aa.com.tr