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REMIT

ACER launches consultation on new REMIT reporting schemas

ACER has opened a consultation asking for input to proposed changes to the schemas used for REMIT reporting. The consultation page can be found here and the consultation document here. The consultation closes on 8th December.

Extensive changes are proposed to most of the schemas, as outlined in this appendix. The changes are targeted to come into effect towards the end of 2018. The improvements to the data collection, which had already started under the previous schema (see here) will add to ACER’s capability to carry out market surveillance.

ACER has increased their focus on anti abuse activity with the issuing of a wash trade paper a few month’s ago (see here). This and other topics will be discussed at a forum taking place on Wednesday (see here).

 

 

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on energy and commodity regulation. He has more than 20 years of experience in energy and commodity trading, credit, risk and financial technology. He has delivered a series of trading, credit and risk solutions to a wide variety of oil majors, power and gas companies and investment banks. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.

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