"An energy exchange in Turkey
David O'Byrne in Istanbul
July 5, 2011
Less than a month after Turkey's power transmission grid was hooked up to the rest of Europe, the continent's market makers are backing the creation of a new regional energy exchange in Turkey's business capital, Istanbul. The potential trading volume could be significant, experts predict, and a liquid power market would enable utilities to raise the funds necessary to build new power plants and help meet Turkey's rapidly growing electricity demand. "
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