Spot market electricity prices for Tuesday, Oct. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.12 billion Turkish liras

The highest electricity price rate for one megawatt-hour on Türkiye's day-ahead spot market for Tuesday will be 2,937.99 Turkish liras at 5 p.m. local time (1400 GMT), according to official figures on Monday.

The lowest rate was set at 397.99 liras at 12 p.m. to local time (0900 GMT), the data showed.

The Energy Exchange Istanbul (EXIST) data for the trade volume for Tuesday's electricity market shows a decrease of 25.4% to around 1.12 billion liras compared to Monday.

The arithmetical and weighted average electricity prices on the day-ahead spot market are calculated as 2,082.43 liras and 2,089.27 liras, respectively.

The highest electricity price rate for one megawatt-hour for Monday was set at 3,000 Turkish liras at 7 a.m., 8 a.m., and between 5 p.m. and 8 p.m. local time (0400, 05.00, 1400-1700 GMT), while the lowest rate at 1,372.19 liras at 12 p.m. local time (0900 GMT).

US$1 equals 34.29 liras at 2.11 p.m. local time (1111 GMT) on Monday.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr