WhatsApp Line Customer Relations Centers
en

Energy Glossary

Energy Terms Glossary

You can read the terms more easily with the glossary we created for the descriptions and use areas of energy terms, as well as the calculation methods.

Distribution System Technical Loss

It refers to the electricity distribution facilities and the grid operated by a distribution company in the distribution area indicated on its license.

Distribution System Technical Loss

It is the technical energy loss on the distribution system, applied according to the provisions of the decision by the Energy Market Regulatory Authority (EPDK) with regard to coefficients of loss.

Distribution Company (EDAŞ)

It is the legal entity that distributes electricity in a designated area.

Valuation Ratio

It is the coefficient to be used in determining the TRY equivalent of non-cash guarantees requested from market participants. Energy Glossary

Energy Terms Glossary

You can read the terms more easily with the glossary we created for the descriptions and use areas of energy terms, as well as the calculation methods.

Balancing Group

It is the group formed by market participants upon informing the Market Operator, where a market participant within the group assumes balancing responsibilities on behalf of the group.

Balancing

It refers to the activities carried out to balance the supply and demand for electrical energy.

Balancing Party

It is the market participant who, on behalf of the balancing group, assumes the financial responsibility towards the Market Operator regarding the energy imbalance of the balancing group, or a market participant who is not part of a balancing group.

Balancing Energy Market

It is the organized wholesale electricity market operated by the system operator, where the reserve capacity, which is obtained through the output power change that can be done within 15 minutes, is purchased and sold, in order to balance the supply and demand in real time.

Diesel Generator

A type of generator that generates power using diesel fuel.

Balancing Mechanism

It refers to the activities comprised of day-ahead balancing and real-time balancing, which supplement bilateral agreements.

Electrical Energy Fund

It is the amount that accrues as 0.7% on the retail energy price as per Law No. 3291.

EIC

It is the energy identification coding system, for which the creation procedures and principles are determined by ENTSO-E and announced on its official website, and which is used in all countries affiliated with ENTSO-E.

Electricity Market Law

It covers the electricity generation, transmission, distribution, wholesale or retail sales, import and export and market operation, as well as the rights and responsibilities of all natural persons and legal entities involved in such activities.

Electrical Grid

It is a network that conveys electricity from producers to consumers.