OREANDA-NEWS. November 08, 2017. Turkey's new power tariff will cover eligible users that consume at least 100 MWh/yr, energy regulator EPDK said in a draft regulation today.

Front-year prices climbed in the over-the-counter (OTC) market after the announcement.

EPDK will launch a new tariff in April for eligible users with demand of 100 MWh/yr or more. The system will "incentivise the transition to a competitive market", it said, suggesting a higher price than under the present regime.

Turkey's 2018 power contract changed hands at 1 lira/MWh (€0.22/MWh) higher on the day today at TL170.50/MWh, a fresh high.