Spot market electricity prices for Saturday, Aug. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.68 billion Turkish liras

The highest electricity price rate for one megawatt-hour on Türkiye's day-ahead spot market for Saturday will be 3,000 Turkish liras at 12 a.m, 1 a.m and 8 p.m. local time (2100 GMT and 2200 GMT on Friday and 1700 GMT), according to official figures on Friday.

The lowest rate was set at 1,894.97 liras at 12 p.m. local time (0900 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Saturday's electricity market shows a decrease of 9.3% to around 1.68 billion liras compared to Friday.

The arithmetical and weighted average electricity prices on the day-ahead spot market are calculated as 2,555.55 liras and 2,561.88 liras, respectively.

The highest electricity price rate for one megawatt-hour for Friday was set at 2,960 Turkish liras at 8 p.m. local time (1700 GMT), while the lowest rate was set at 2,000 liras at 4 a.m. local time (0100 GMT).

US$1 equals 34.01 liras at 2.35 p.m. local time (1135 GMT) on Friday.

By Fuat Kabakci

Anadolu Agency

energy@aa.com.tr