Spot market electricity prices for Saturday, Sept. 4

The highest electricity price rate for one megawatt-hour in Turkey’s day-ahead spot market for Saturday will be 674 Turkish liras at 20.00 local time (1700 GMT), while the lowest will be 373.17 liras at 06.00 local time (0300 GMT), according to official figures on Friday.

Turkey’s Energy Exchange Istanbul (EXIST) data for the trade volume on Friday’s electricity market showed a decrease of 6.9% to 297.71 million liras compared to Thursday.

The arithmetical and weighted average price of electricity on the day-ahead spot market is calculated as 489.08 liras and 488.64 liras, respectively.

The electricity price for one megawatt-hour on the day-ahead spot market for Friday is set as 674 liras between 19.00 and 21.00 (1600 GMT and 1800 GMT), while the lowest will be 369.87 liras at 06.00 local time (0300 GMT).

US$1 equals 8.30 Turkish liras at 1110 GMT on Friday.

Source: Anadolu Agency