Turkey's energy watchdog EPDK imposed a two-month cap of 500 liras per megawatt hour on electricity prices yesterday after prices rose to their highest level in years.
Turkey's daily natural gas consumption has risen to record highs since December, largely due to colder-than-usual weather triggering higher power consumption.
The day-ahead electricity price at Turkey's energy exchange (EPIAS) rose to 586 lira ($162) per megawatt hour last month with hourly prices as high as 1,900 lira, data from the exchange showed.
