Spot market electricity prices for Friday, Nov. 3

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.09 billion Turkish liras

The highest electricity price rate for one megawatt-hour on Türkiye's day-ahead spot market for Friday will be 2,700 Turkish liras between 8 a.m. and 9 a.m. local time (0500-0600 GMT) and between 5 p.m. and 6 p.m. local time (1400-1500 GMT), according to official figures on Thursday.

The lowest rate was set at 1,250 liras at 11 p.m. local time (2000 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Friday's electricity market shows a decrease of 15.08% to 1.09 billion liras compared to Thursday.

The arithmetical and weighted average electricity prices on the day-ahead spot market are calculated as 2,172.76 liras and 2,185.94 liras, respectively.

The highest electricity price rate for one megawatt-hour for Thursday was set at 2,700 liras between 8.00 a.m. and 11 a.m. local time (0500-0800 GMT) and between 1 p.m. and 8 p.m. local time (1000-1700 GMT).

US$1 equals 28.35 liras at 2.19 p.m. local time (1119 GMT) on Thursday.

By Duygu Alhan

Anadolu Agency

energy@aa.com.tr