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Spot market electricity prices for Wednesday, June 1

The highest electricity price rate for one megawatt-hour on Turkiye’s day-ahead spot market for Wednesday will be 3,200 Turkish liras between 15.00, 20.00 and 21.00 local time (1200, 1700, 1800 GMT), according to official figures on Tuesday.

The lowest rate is determined as 1,468.08 liras at 07.00 local time (0400 GMT), the figures showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume on Tuesday’s electricity market showed a decrease of 14.2% to 1.46 billion liras compared to Monday.

The arithmetical and weighted average prices of electricity on the day-ahead spot market are calculated as liras 2,439.01 and 2,486.986 liras, respectively.

The highest electricity price rate for one megawatt-hour for Tuesday was set as 2,750 Turkish liras between 09.00 and 11.00 local time (0600-0800 GMT) and between 13.00 and 21.00 local time (1000-1800 GMT) while the lowest rate was determined as 1,998.99 liras at 23.00 local time (2000 GMT), the figures showed.

US$1 equals 16.40 liras at 1100 GMT on Tuesday.

Source: Anadolu Agency