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  "documentTitle": "Turkish NPL Purchasing Market Overview and the way forward",
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  "notes": "The slide uses a pyramid-style timeline to illustrate the daily process flow.",
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      "text": "The price range for all offers is determined to be between 0 to 2,600 TL/MWh. For each day, market participants are allowed to make a total of 64 (32 sell /32 buy) hourly offers, 50 block offers and 10 flexible offers.",
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      "text": "The price range for all offers is determined to be between 0 to 2,600 TL/MWh. The price ceiling was implemented with the launch of the day-ahead market. This range is revised by a board decision by EMRA.",
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      "text": "1) Hourly Offers: Hourly offers place a bid for a specific hour and include a quantity and a price. Prices are arranged in ascending order.",
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      "text": "2) Flexible Offers: Flexible offers don't involve a specific hour but only quantity and price. Can only be used to sell electricity.",
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      "text": "3) Block Offers: Block offers can be made for more than one consecutive hour. These include quantity and price, which are either accepted or rejected for the whole time period.",
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      "kind": "source-note",
      "text": "As of June ,2023. Source: EPİAŞ",
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      "text": "The day-ahead market has three different kinds of offering mechanisms and operates between 9:30 and 14:00 each day.",
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