https://arab.news/gng6x
- EPIAS, which currently operates wholesale electricity and natural gas markets, will diversify in coming years
- Government also wants EPIAS to open a commodities market
ISTANBUL: Turkish energy bourse Enerji Piyasalari Isletme A.S. will expand its operations over the next few years and an initial public offering may be considered after the expansion, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.
Speaking at an Atlantic Council conference in Istanbul on Wednesday, Bayraktar said EPIAS, which currently operates wholesale electricity and natural gas markets, will diversify in coming years.
“We aim to become a carbon-pricing country by 2026, which will be achieved through the establishment of a carbon market within EPIAS,” Bayraktar said.
The government also wants EPIAS to open a commodities market, Bayraktar added.
“Not at the moment, but we will see when the operations I mentioned are settled,” the minister said when asked by Reuters if an initial public offering was under consideration.
Current shareholders of EPIAS are Turkiye’s transmission grid operator TEIAS, stock exchange Borsa Istanbul and exchange member companies.