Showing posts with label Power Tariffs. Show all posts
Showing posts with label Power Tariffs. Show all posts

Wednesday, June 21, 2017

Turkish market expects rise in power tariff but not gas - ICIS

21 June 2017 11:58
Aura Sabadus

Turkish energy companies expect an average 4% power tariff hike from as early as July, but a natural gas tariff rise is unlikely to happen until the end of the year at the earliest, according to a survey conducted by ICIS.

The market is expecting an average gas tariff rise of 6.5%.

Tariff increases help guarantee minimum margins for companies active in the gas and power sectors and tend to trigger increases in free-floating electricity and gas prices.

A total of 11 companies responded to the survey and their expectations related to the tariff hike and the likely timeline for the increase are given in the graphs [herein].