ARTICLE · 19 NOVEMBER 2015

Turkish Energy & Infrastructure Newsletter – Spring 2015

Cakmak Avukatlik Burosu

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The Regulation Amending the Electricity Market Balancing and Settlement Regulation was published in the Official Gazette on 28 March 2014, but will enter into force on 1 July 2015.

TurkeyEnergy and Natural Resources

Cakmak Avukatlik Burosu

RECENT CHANGES IN LEGISLATION

In the Electricity Sector

Amendments to Electricity Market Balancing and Settlement Regulation

The Regulation Amending the Electricity Market Balancing and Settlement Regulation ("Amending Regulation") was published in the Official Gazette on 28 March 2014, but will enter into force on 1 July 2015. According to the information obtained from Energy Market Regulatory Authority ("EMRA") officials, the entry into force of the Amending Regulation has been postponed to 1 July 2015 so as to enable the development of the technical capacities and infrastructure that are required for implementation of the Amending Regulation. Indeed, the Amending Regulation introduces extensive and material changes which would require certain infrastructural progress, some of which are summarized below:

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