Spot market electricity prices for Monday, March 24

by Anadolu Agency

The highest electricity price rate for one megawatt-hour on Türkiye’s day-ahead spot market for Monday will be 3,000 Turkish liras at 5 p.m. local time (1400 GMT), according to official figures on Sunday.

The lowest rate is set at 1,599.98 liras at 12 p.m. local time (0900 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Monday’s electricity market shows an increase of 41.5% to around 1.53 billion liras compared to Sunday.

The arithmetical and weighted average price of electricity for the day-ahead spot market is calculated as 2,420.55 liras and 2,438.81 liras, respectively.

The highest electricity price on the day-ahead spot market for one-megawatt hour on Sunday was set as 3,000 liras at 6 p.m. and 9 p.m. local time (1500, 1800 GMT), and the lowest was set as 10.01 liras at 1 p.m and 2 p.m local time (1000, 1100 GMT).

US$1 equals 37.96 liras at 2.19 p.m. local time (1119 GMT) on Sunday.

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