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ENERGY

Spot market electricity prices for Wednesday, May 29

The highest electricity price rate for one megawatt-hour on Türkiye’s day-ahead spot market for Wednesday will be 2,650 Turkish liras at 8 p.m local time (1700 GMT), according to official figures on Tuesday.

The lowest rate was set at 1,258 liras at 12 p.m. local time (0900 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Wednesday’s electricity market shows a decrease of 4.3% to around 1.33 billion liras compared to Tuesday.

The arithmetical and weighted average electricity prices on the day-ahead spot market are calculated as 2,130.93 liras and 2,131.02 liras, respectively.

The highest electricity price rate for one megawatt-hour for Tuesday was set at 2,700 liras at 8 p.m and 9 p.m local time (1700 and 1800 GMT), while the lowest rate was determined as 1,498.99 liras at 6 a.m., 7 a.m. and 12 p.m. local time (0300, 0400 and 0900 GMT).

US$1 equals 32.19 liras at 2.17 p.m. local time (1117 GMT) on Tuesday.

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