The Regulation on Transparency and Market-Distorting Behaviour in Energy and Environmental Markets (“Regulation”), prepared by the Energy Market Regulatory Authority (“EMRA”), was published in the Official Gazette dated 14 February 2026 and numbered 33168. The relevant Regulation will enter into force on 1 June 2026.
The Regulation covers market-distorting actions in the power futures market, the day-ahead market, the intraday market, the balancing power market, the ancillary services market, the natural gas futures market, the spot natural gas market, the emissions trading system market, the organised renewable energy source guarantee market, and bilateral agreements concluded for the purpose of wholesale sales within these markets. Thus, for the first time in Turkey, energy markets and the carbon market have been addressed within a single framework of transparency and market integrity.