Türkiye Publishes ETS Registry And Market-Operating Rules

Türkiye published its Regulation on the Operation of the Emissions Trading System Market in the Official Gazette on 21 October 2026. Issued by the Energy Market Regulatory Authority, EPDK, the regulation entered into force on publication under Article 54. Official Gazette regulation.

Registry And Market Arrangements

The text establishes the transaction registry, primary allowance auctions and secondary spot-market arrangements, with EPİAŞ as market operator. Covered operators must open registry accounts and complete participation arrangements. It also sets rules for collateral, settlement, payments and reporting bilateral allowance transactions. Articles 3–10 and subsequent market provisions.

Entry into force does not establish that live trading has started. Transitional Article 1 provides for virtual operation before the registry, primary market and spot market become operational, without delivery, invoicing or payment obligations. Transitional provisions.

Earlier Pilot Rules

The regulation follows the core ETS regulation published on 27 August 2026. Separate pilot rules cover specified category B and C activities in electricity generation, cement, iron and steel, aluminium and fertilisers, including nitric acid and ammonia production—not chemical manufacturing generally.

Those pilot rules distinguish reporting for 2026 from allowance surrender for 2027 emissions. Verified activity-level reports are due on 30 April 2027 and 30 April 2028 respectively, while surrender for 2027 emissions is due by the last working day of November 2028. Pilot Articles 6 and 13.