Takasbank has been granted an Operating Certificate regarding Future Electricity Market and Organized Renewable Energy Source Guarantee Market

25.11.2020
% 0

Through the promulgation of the Decision of the Central Bank of The Republic of Turkey (“CBRT”) dated 12.11.2020 and numbered 10975/20574 (“Decision”), published in the Official Gazette dated 25.11.2020 and numbered 31315, İstanbul Takas ve Saklama Bankası A.Ş. (Takasbank) has been authorized to provide cash clearing and security services for transactions in the following markets:

  • Forward Electricity Market
  • Organized Renewable Energy Resource Guarantee Market

In addition, while the effective date of the procedures and principles regarding Forward Electricity Market, which enables the realization of future dated transactions that cause physical delivery obligation, is 01.12.2020; it was determined as 01.06.2021 through the decision of the Energy Market Regulatory Board dated 19.11.2020 and numbered 9704.

  • You may find the full text of the Decision here.

All rights of this article are reserved. This article may not be used, reproduced, copied, published, distributed, or otherwise disseminated without quotation or Erdem & Erdem Law Firm's written consent. Any content created without citing the resource or Erdem & Erdem Law Firm’s written consent is regularly tracked, and legal action will be taken in case of violation.

Other Contents

Regulation on Measures Regarding Natural Gas Market Distribution Licenses has been Published
Legal Developments
Regulation on Measures Regarding Natural Gas Market Distribution Licenses has been Published

The Regulation on Measures Regarding Natural Gas Market Distribution Licenses (Regulation) entered into force after being published in the Official Gazette dated 19.08.2023 and numbered 32284. The Regulation covers the procedures and principles regarding the measures to be taken for the protection of natural...

Energy Law 21.08.2023
Amendments Regarding Charging Services
Legal Developments
Amendments Regarding Charging Services

The Regulation Amending the Charging Service Regulation entered into force through publication in the Official Gazette dated 28.07.2023 and numbered 32262 and the Regulation Amending the Regulation on Workplace Opening and Operating Licenses (Amending Regulations) entered into force through publication...

Energy Law 31.07.2023
The Energy Market Regulatory Authority Decision on the Electricity Generation in Free Zones
Legal Developments
The Energy Market Regulatory Authority Decision on the Electricity Generation in Free Zones

The Energy Market Regulatory Authority’s (EMRA) Decision (Decision) dated 20.07.2023 and numbered 11960 was published in the Official Gazette dated 25.07.2023 and numbered 32259. With the Decision, some issues regarding electricity generation in free zones have been clarified...

Energy Law 25.07.2023
The Procedures and Principles Regarding Offsetting for Generation and Consumption Facilities Located in Different Distribution Regions or Assigned Supplier Company Regions
Legal Developments
The Procedures and Principles Regarding Offsetting for Generation and Consumption Facilities Located in Different Distribution Regions or Assigned Supplier Company Regions

The Procedures and Principles Regarding Offsetting for Generation and Consumption Facilities Located in Different Distribution Regions or Assigned Supplier Company Regions (Procedures and Principles), adopted by the Energy Market Regulatory Authority’s decision dated 22.06.2023 and numbered 11917, is...

Energy Law 26.06.2023
The Communiqué Amending the Communiqué on the Implementation of Energy Performance Contracts in Public Sector
Legal Developments
The Communiqué Amending the Communiqué on the Implementation of Energy Performance Contracts in Public Sector

The Communiqué Amending the Communiqué on the Implementation of Energy Performance Contracts in Public Sector (Communiqué) entered into force through publication in the Official Gazette dated 23.06.2023 and numbered 32230. The amendments made by the Communiqué are...

Energy Law 23.06.2023
"Photovoltaic Cells" Imported for Solar Panels are Included in the Scope of Import Surveillance
Legal Developments
"Photovoltaic Cells" Imported for Solar Panels are Included in the Scope of Import Surveillance

Through the promulgation of the Communiqué on the Implementation of Surveillance in Imports (Communiqué No: 2023/2) (Communiqué) published in the Official Gazette dated 27 January 2023 and No. 32086, the procedures and principles regarding the surveillance implementation of photovoltaic cells...

Energy Law 27.01.2023
Amendment on The Regulation on Technical Evaluation of Solar Energy Based Electricity Generation Applications
Legal Developments
Amendment on The Regulation on Technical Evaluation of Solar Energy Based Electricity Generation Applications

The Regulation Amending the Regulation on Technical Evaluation of Solar Energy Based Electricity Generation Applications (Regulation) published in the Official Gazette dated 17 January 2023 and numbered 32076 entered into force...

Energy Law 17.01.2023
Law Amending the Electricity Market Law, Certain Laws and Decree No. 375 is Published
Legal Developments
Law Amending the Electricity Market Law, Certain Laws and Decree No. 375 is Published

The Law Amending the Electricity Market Law, Certain Laws and Decree Law No. 375 (Omnibus Law) entered into force following its publication in the Official Gazette dated 28.12.2022 and numbered 32057. The Omnibus Law introduced significant amendments to the Law on Privatization Practices numbered...


Energy Law 29.12.2022
Mining Regulation has been Published
Legal Developments
Mining Regulation has been Published

Mining Regulation (Regulation) entered into force following its publication in the Official Gazette dated December 11, 2022 and numbered 32040. Through this regulation, the mining regulation published in the Official Gazette dated September 21, 2017 and numbered 30187 (Previous Regulation) has been abrogated... 

Energy Law 13.12.2022
The Expected Regulatory Changes as to Storage Activities in the Electricity Market Entered Into Force
Legal Developments
The Expected Regulatory Changes as to Storage Activities in the Electricity Market Entered Into Force

Several changes have been made on Electricity Generation Regulation in the Electricity Market, the Regulation on Connection and System Usage in the Electricity Market, Electricity Market Balancing and Settlement Regulation, Regulation on Storage Activities in the Electricity Market, Electricity Grid...

Energy Law 21.11.2022
The Regulation Amending the Regulation on Unlicensed Electricity Generation in the Electricity Market Entered into Force
Legal Developments
The Regulation Amending the Regulation on Unlicensed Electricity Generation in the Electricity Market Entered into Force

The Regulation on Amending the Regulation on Unlicensed Electricity Production in the Electricity Market entered into force following its publication in the Official Gazette with the number 31970 on October 1, 2022...

Energy Law 03.10.2022
The Regulation Amending the Regulation on Unlicensed Electricity Generation in the Electricity Market Has Been Published in the Official Gazette
Legal Developments
The Regulation Amending the Regulation on Unlicensed Electricity Generation in the Electricity Market Has Been Published in the Official Gazette

The Regulation (“Amending Regulation”) Amending the Regulation on Unlicensed Electricity Generation in Electricity Market ("Regulation") and Energy Market Regulatory Board’s decision dated 04.08.2022 numbered 11098 (“Decision”) have been published in the Official Gazette dated 11.08.2022 and...

Energy Law 12.08.2022
Charging Service Regulation Has Been Published
Legal Developments
Charging Service Regulation Has Been Published

With the Charging Service Regulation (“Regulation”) which has been published in the Official Gazette dated 2nd April 2022 and No. 31797, the procedures and principles regarding the establishment of charging units and stations where electrical...

Energy Law 04.04.2022
The Regulation on Environmentally Responsible Design of Energy-Related Products Entered into Force
Legal Developments
The Regulation on Environmentally Responsible Design of Energy-Related Products Entered into Force

Regulation on Environmentally Responsible Design of Energy-Related Products entered into force through its publication in the Official Gazette dated 05.02.2022 and numbered 31741. The Regulation...

Energy Law 07.02.2022
Presidential Decree on the Facilities Engaged in Production Activity Based on Renewable Energy Resources
Legal Developments
Presidential Decree on the Facilities Engaged in Production Activity Based on Renewable Energy Resources

Presidential Decree on the Facilities Engaged in Production Activity Based on Renewable Energy Resources

Energy Law 18.09.2020
Supplier of Last Resort Tariff is Amended
Legal Developments
Supplier of Last Resort Tariff is Amended

Supplier of Last Resort Tariff is Amended

Energy Law 1.10.2020
Energy Disputes Arbitration Center (EDAC) Established
Legal Developments
Energy Disputes Arbitration Center (EDAC) Established

Energy Disputes Arbitration Center (EDAC) Established

Energy Law 27.10.2020
The law amendment concerning regulations in the natural gas, electricity, renewables and mining has entered into force
Legal Developments
The law amendment concerning regulations in the natural gas, electricity, renewables and mining has entered into force

The law amendment concerning regulations in the natural gas, electricity, renewables and mining has entered into force

Energy Law 2.12.2020
The Eligible Consumer Limit in Electricity was reduced
Legal Developments
The Eligible Consumer Limit in Electricity was reduced

The Eligible Consumer Limit in Electricity was reduced

Energy Law 22.12.2020
Amendments to the Renewable Energy Resources Support Mechanism
Legal Developments
Amendments to the Renewable Energy Resources Support Mechanism

Amendments to the Renewable Energy Resources Support Mechanism

Energy Law 2.02.2021
Significant Amendments on the Electricity Market Balancing and Settlement Regulation and Electricity Market Consumer Services Regulation
Legal Developments
Significant Amendments on the Electricity Market Balancing and Settlement Regulation and Electricity Market Consumer Services Regulation

Significant Amendments on the Electricity Market Balancing and Settlement Regulation and Electricity Market Consumer Services Regulation

Energy Law 22.02.2021

For creative legal solutions, please contact us.