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About Us

Energy Exchange Istanbul (EXIST) was officially established on March 12, 2015 upon the registration processes completed subject to the provisions of the Electricity Market Law of 14.03.2013 numbered 6446 and  Turkish Trade Law of 12 Mart 2015 numbered 6102.

Main objective and principal business activity is to “Plan, establish, develop and manage energy market within the market operation license in an effective, transparent, reliable manner that fulfills the requirements of energy market and to be an energy market management that procures reliable reference price without discriminating equivalent parties and maximizes the liquidity with increasing number of market participants, product range and trading volume as well as allowing to merchandise by means of market merger.”

EXIST makes its internal regulations within the subjects and areas it is entitled to.

  • 30 January 2019
    An amendment to the Electricity Market Law allowing EPİAŞ to operate “electricity futures market with physical delivery” has been published.
  • 31 October 2018
    Energy Exchange Istanbul (EXIST) has launched EPİAŞ Mobile application for iOS and android operating system users
  • 1 September 2018
    Organized Wholesale Natural Gas Market started.
  • 1 April 2018
    Regulation on Organized Wholesale Natural Gas Market published.
  • 30 December 2016
    Eligible Consumer Portal came into operation.
  • 1 June 2016
    New Day-ahead Market software released.
  • 14 March 2016
    Transparency Platform released for the participants and public.
  • 1 September 2015
    EPİAŞ received Market Operating License.Market operations transferred from MFSC to EPİAŞ.
  • 1 July 2015
    Day-ahead Market started.
  • 18 March 2015
    EPİAŞ was officially established under Electricity Market Law No. 6446.
  • 2013
    Establishment of EPİAŞ formalized by the Electricity Market Law No. 6446.
  • 2011
    • Day-ahead Market Mechanism came into effect.
    • Collateral and advance payment mechanism came into effect.
    • RER support mechanism started.
  • 2009
    • Day-ahead Planning Mechanism came into effect.
    • Hourly pricing and settlement started.
  • 2006
    • MFSC established as a subordinate unit of TEİAŞ.
    • Settlement of imbalances at night, day, and peak periods started.
    • 1st Phase of Balancing Power Market Mechanism came into effect.
  • 2004
    • Temporary Balancing and Settlement Regulation published.
  • 2001
    • Electricity Market Law No. 4628 published.
    • EMRA established.