About Us

Energy Exchange Istanbul (EXIST) or Enerji Piyasaları İşletme A.Ş. (EPİAŞ) by its Turkish name is an energy exchange company was established on March 18, 2015. EXIST, legally incorporated under the Turkish Electricity Market Law and enforced by the Energy Markets Operation License granted by the Energy Markets Regulatory Authority (EMRA) of Turkey. EXIST is responsible for managing and operating energy markets, including power and gas commodities. EXIST ensures transparent, reliable and trustworthy market conditions by providing a central counterparty service.

EXIST which operates Day-Ahead and Intraday Spot Electricity Market, Spot Natural Gas Market, Power Futures Market and Renewable Energy Guarantees of Origin System & Organized YEK-G Market also performs financial transactions such as settlement, collateral and invoicing in these markets, settlement activities regarding the Balancing Power Market (BPM), the operation of the Renewable Energy Resources Support Mechanism (YEKDEM) and carries out eligible costumer transactions.

With the awareness that transparency has an important place for a reliable and sustainable market, EXIST, offering the Transparency Platform to the use of its market participants and the public in 2016, continuously increases the quality and quantity of the data published on this platform.

The activities of the Innovation Center, which supports the development of innovative ideas in the energy sector and enables the joint development of new technological solutions, and market trainings that contribute to the increase in the quality of the sector’s human resources are carried on without interruption.

According to the results of the Fortune 500 Turkey 2020 research, in which Turkey’s largest 500 companies are listed, EXIST was the first company by far. At the same time, EXIST continues its activities as a “carbon neutral company” by zeroing carbon emissions arising from its direct and indirect effects for a sustainable environment in order to contribute to the world and the future.

EXIST, a member of the Association of Power Exchanges (APEX) and the Association of European Energy Exchanges (EUROPEX), formed by the world’s leading energy markets and regulatory authorities; The energy markets it operates are on the way to become an energy exchange that is taken as a global reference with its new products and services developed entirely by its own means in line with the needs of the sector.