Energy Market Highlights 2021 The European energy market price has witnessed completely new levels in 2021 by far surpassing those we had in 2008. The European day-ahead power price was seen >400 EUR/MWh mark in Dec’21 vs the historical market average of around 40-50 EUR/MWh, which is a 10-times increase. The main drivers of the […]
The European energy market price history and 2021 EU energy crisis Read More »
Europe’s high electricity prices are there to stay for longer than anyone initially expected, and the CO2 EU ETS system is one of the main drivers. Historically we know that commodity market cycles last on average 24 months. Meaning that if we consider that the start of the bull commodity market cycle was in Nov’20,
Europe high electricity prices to remain long-term & Direct impact of CO2 EU ETS system Read More »
As of present, there are, at least, 3 different markets for sourcing electricity in Turkey. Each of them has its characteristics as described below. However, corporates who intend to optimize their electricity cost and have better control over their electricity bill, prefer procurement of electricity on a forward basis via bilateral supplier agreements (Option No
How to source electricity in Turkey? TEDAS regulated tariff vs free market procurement Read More »
What is Yekdem? A renewable energy subsidy (Yekdem) is a usual vehicle by which a developer satisfies the underlying asset through guaranteed long-term revenue streams. In general, if subsidies are being given at a high price than the free market electricity, it is unlikely developers will wish to sell their assets to corporate consumers through
Turkish support mechanism Yekdem and its impact on corporate PPA agreements Read More »
Weekly Energy Market Update: The market price remains very volatile and unpredictable. Although there was a market price correction since Jan’22, power prices remain historically high. The main reasons are: The low supplies of Russian gas to Europe The weak nuclear output in France this winter The ban of Indonesian coal exports & increasing price
European Energy Market Update – Week 3 (Jan 23rd, 2022) Read More »
What is the electricity bill structure in Turkey? The greater part of Turkey’s electricity derives from conventional thermal sources. The major contributor of electricity is Natural Gas, which is majorly imported from other markets, such as Russia, Iran, and Azerbaijan. Followed after by Coal and Hydro generation. The price of electricity in Turkey is highly
Electricity Bill Structure in Turkey. How does it work? Read More »
Choosing an electricity supplier in Turkey is not an easy topic. One of the main reasons is that there’s no trust in the market after several market turmoils in the past years, such as in 2018 and one recent in 2021. In those instances, some of the electricity suppliers in Turkey have either asked for
How to choose your electricity supplier in Turkey? Business Hacks Read More »
Types of Turkish Power Supply Agreements There are different types of Turkish power supply agreements. It’s important to understand their pros and cons to limit the market price risks and optimize your electricity bill in Turkey. In general, all electricity supply agreements can be grouped into 2 main categories: fixed and flex energy supply contracts.
Turkish power supply agreements and How to choose the right one? Read More »
