Spot market electricity prices for Sunday, Aug. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.57 billion Turkish liras

The highest electricity price rate for one megawatt-hour on Türkiye's day-ahead spot market for Sunday will be 3,000 Turkish liras between 7 p.m and 9 p.m. (1600 and 1800 GMT), according to official figures on Saturday.

The lowest rate was set at 1,345.14 liras at 12 p.m. local time (0900 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Sunday's electricity market shows a decline of 8.7% to 1.57 billion liras compared to Saturday.

The arithmetical and weighted average electricity prices on the day-ahead spot market are calculated as 2,564.56 liras and 2,573.33 liras, respectively.

The highest electricity price rate for one megawatt-hour for Saturday was set at 3,000 Turkish liras at 12 a.m., 1 a.m. and between 6 p.m. and 11 p.m (21.00, 22.00 and 1500 - 2000 GMT), while the lowest rate was set at 1,749.98 liras at 12 p.m. local time (0900 GMT).

US$1 equals 33.10 liras at 2.31 p.m. local time (1131 GMT) on Saturday.

By Duygu Alhan

Anadolu Agency

energy@aa.com.tr