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SPOT ELECTRICITY MARKET

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General Principles

  • Legal entities holding license can join Day-Ahead Market by signing Day-Ahead Market Participation Agreement which includes market participants responsibilities regarding to Day-Ahead Market
  • Day-Ahead Market transactions are performed daily on hourly basis. Each day starts from 00:00 am and ends at 00:00 am of following day and consists of hourly time periods.
  • Market participants can submit their offers from next day to 5 days later
  • Prices and volumes applied for clearing of Day-Ahead Market at daily basis are determined for each hour
  • Advance payment notifications as results of clearing calculations for market participants based on their day-ahead balancing activities indicate payables to Market Operator and receivables from Market Operator for respective market participants and these notifications are announced in a daily basis fashion by Market Operator to market participants via Central Clearing House
  • Letters of guaranty are presented to Market Operator every day until 10:30 am and collaterals other than letters of guaranty are presented to Central Clearing House every day until 11:00 am by market participants.
  • For a market participants to continue Day-Ahead Market activities during week end and official holidays; letters of guaranty must be presented in previous working day until 10:30 am and collaterals other than letters of guaranty must be presented in previous working day until 11:00 am

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REPORTS

Daily, Weekly, Monthly and Yearly Reports

EDUCATION CALENDAR

Epiaş Spot Market Educations