Spot market electricity prices for Sunday, Aug 1

The highest electricity price rate for one megawatt-hour in Turkey’s day-ahead spot market for Sunday will be 636 Turkish liras at 00.00, 01.00, 03.00, and 17.00 to 23.00 local times (2100, 2200, 0000, and 1400 to 2000 GMT) while the lowest will be 364.80 liras at 07.00 local time (0400 GMT), according to official figures on Saturday.

Turkey’s Energy Exchange Istanbul (EXIST) data for the trade volume on Saturday’s electricity market showed a decrease of 10.6% to 292.7 million liras compared to Friday.

The arithmetical and weighted average price of electricity on the day-ahead spot market is calculated as 552.88 liras and 551.68 liras, respectively.

The highest electricity price for one megawatt-hour on the day-ahead spot market for Saturday is 617 Turkish liras at 00.00, 01.00, and 09.00 to 23.00 local times (2100, 2200, and 0600 to 2000 GMT) while the lowest will be 377.54 liras at 07.00 local time (0400 GMT).

US$1 equals 8.45 Turkish liras at 1110 GMT on Saturday.

Source: Anadolu Agency