The trade volume of Turkey's day-ahead spot electricity market increased by 4.31% in May 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 EXIST started to operate in 2015, registered at about 2.6 billion liras in May compared to around 2.5 billion liras in May 2019.
EXIST reported transactions in the day-ahead market in May of 12.6 million megawatt-hours.
The highest trade volume on a daily basis was recorded on May 20 at 141.4 million liras, while the lowest occurred on May 24 with 9.3 million liras.
In May, the average electricity rate for one megawatt-hour in the day-ahead spot market was calculated as 203.22 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 6.72 Turkish liras at 0515 GMT on Wednesday.
By Firdevs Yuksel
Anadolu Agency
energy@aa.com.tr