Hourly Electricity Market Data for Turkiye (2017–2025)

This replication package contains 66,456 hourly observations for Turkiye's day-ahead electricity market from December 2017 to June 2025. It includes data on market-clearing prices, traded quantities, renewable generation, and external price indices, compiled to reproduce econometric analyses of price dynamics and volatility. The data originates from the Energy Exchange Istanbul (EXIST) Transparency Platform and other public sources.

Use Cases

• Estimate ARMAX–GARCH models to analyze volatility in market-clearing prices using hourly data.
• Detect anomalous price behavior by analyzing patterns against regulatory price ceilings and indicator variables for major events.
• Model the relationship between European electricity and fuel prices and Turkiye's market-clearing prices.
• Assess the impact of renewable generation and system capacity on traded quantities and price formation.

Strengths

• Contains 66,456 hourly observations, providing high-frequency temporal granularity.
• Covers a long time range from December 2017 to June 2025, spanning significant events like the COVID-19 pandemic and Russia–Ukraine war.
• Includes a variety of data features such as renewable generation, European price indices, and regulatory variables for comprehensive market analysis.

Limitations

• Data is primarily formatted for Stata (.dta files), which may require specific software or conversion for use in other environments.
• The dataset is a static replication package for a specific study, not a regularly updated data feed.
• Focus is exclusively on Turkiye's market, limiting direct geographic comparability.

Provenance

Source

Energy Exchange Istanbul (EXIST) Transparency Platform, Turkish Statistical Institute (TUIK), international energy price indices.

Collection Method

Compiled from publicly accessible sources and harmonized at an hourly frequency.

Time Range

December 2017 to June 2025

Freshness

Data covers up to June 2025, with the package last updated in February 2026.

Geography

Turkiye