Common Abbreviations
The Turkish electricity market uses many abbreviations, both in Turkish and English. This reference helps you understand the terminology.
Price Terms
| Abbreviation |
Turkish |
English |
Description |
| PTF |
Piyasa Takas Fiyatı |
Market Clearing Price (MCP) |
Day-ahead market price |
| SMF |
Sistem Marjinal Fiyatı |
System Marginal Price (SMP) |
Real-time balancing price |
| AOF |
Ağırlıklı Ortalama Fiyat |
Weighted Average Price (WAP) |
Volume-weighted average |
| GÖP Fiyatı |
Gün Öncesi Piyasası Fiyatı |
Day-Ahead Market Price |
= PTF |
| GİP Fiyatı |
Gün İçi Piyasası Fiyatı |
Intraday Market Price |
Intraday trading price |
Consumption & Generation
| Abbreviation |
Turkish |
English |
Description |
| UEÇM |
Uzlaştırmaya Esas Çekiş Miktarı |
Settlement Actual Consumption |
Official consumption for settlement |
| UEVM |
Uzlaştırmaya Esas Veriş Miktarı |
Settlement Actual Generation |
Official generation for settlement |
| KGÜP |
Kesinleşmiş Günlük Üretim Planı |
Finalized Daily Production Plan |
Final daily production schedule |
| KUDÜP |
Kesinleşmiş Uzlaştırma Dönemi Üretim Planı |
Finalized Settlement Period Production Plan |
Production plan for settlement |
Market Names
| Abbreviation |
Turkish |
English |
Description |
| GÖP |
Gün Öncesi Piyasası |
Day-Ahead Market (DAM) |
Market for next-day delivery |
| GİP |
Gün İçi Piyasası |
Intraday Market (IDM) |
Same-day trading market |
| DGP |
Dengeleme Güç Piyasası |
Balancing Power Market (BPM) |
Real-time balancing market |
Balancing & Imbalance
| Abbreviation |
Turkish |
English |
Description |
| YAL |
Yük Alma |
Up Regulation |
Increasing generation/decreasing consumption |
| YAT |
Yük Atma |
Down Regulation |
Decreasing generation/increasing consumption |
| KÜPST |
Kesinleşmiş Üretim Planından Sapma Tutarı |
Production Plan Deviation Cost |
Cost for deviating from production plan |
| DSG |
Dengeden Sorumlu Grup |
Balance Responsible Party |
Entity responsible for imbalances |
Organizations & Systems
| Abbreviation |
Turkish |
English |
Description |
| EPİAŞ |
Enerji Piyasaları İşletme A.Ş. |
Energy Markets Operating Inc. |
Market operator |
| TEİAŞ |
Türkiye Elektrik İletim A.Ş. |
Turkish Electricity Transmission Corp. |
Transmission system operator |
| EÜAŞ |
Elektrik Üretim A.Ş. |
Electricity Generation Corp. |
State generation company |
| TEDAŞ |
Türkiye Elektrik Dağıtım A.Ş. |
Turkish Electricity Distribution Corp. |
Distribution company |
| YEKDEM |
Yenilenebilir Enerji Kaynakları Destekleme Mekanizması |
Renewable Energy Resources Support Mechanism |
Feed-in tariff system |
Technical Terms
| Abbreviation |
Turkish |
English |
Description |
| UEVCB |
Uzlaştırmaya Esas Veriş Çekiş Birimi |
Settlement Metering Point |
Metering unit for settlement |
| İA |
İkili Anlaşma |
Bilateral Agreement |
Direct contracts between parties |
| SFK |
Sekonder Frekans Kontrol |
Secondary Frequency Control |
Frequency regulation service |
| PFK |
Primer Frekans Kontrol |
Primary Frequency Control |
Automatic frequency response |
Units
| Unit |
Description |
| MWh |
Megawatt-hour (energy) |
| MW |
Megawatt (power/capacity) |
| TL |
Turkish Lira (currency) |
| TL/MWh |
Price per megawatt-hour |
Common API Call Keys
| Key |
Full Form |
Description |
mcp / ptf |
Market Clearing Price |
Day-ahead price |
smp / smf |
System Marginal Price |
Real-time price |
rt-cons |
Real-Time Consumption |
Live consumption |
rt-generation |
Real-Time Generation |
Live generation |
load-plan |
Load Plan |
Demand forecast |
dpp / kgup |
Daily Production Plan |
Generation schedule |
uevm |
UEVM |
Settlement generation |
uecm |
UEÇM |
Settlement consumption |
imbalance-price |
Imbalance Price |
Imbalance prices |
See Also