Energy And Environmental Markets Transparency And Manipulation Regulation

The liberalization of energy markets and the strengthening of market-based price formation have led issues such as transparency, information symmetry, and market integrity to become increasingly critical in these markets. In particular, the fact that prices formed in electricity and natural gas markets can directly influence investment decisions appears to have made the prevention of market abuse one of the priority areas of regulatory policy.

In this context, the Regulation on Transparency and Market Manipulation in Energy and Environmental Markets (“Regulation”), published in the Official Gazette dated 14 February 2026 and numbered 33168, may be considered one of the comprehensive regulatory frameworks aimed at safeguarding market integrity in Turkish energy markets.