Yesterday ACER published the latest REMIT Quarterly newsletter, which can be found here. In addition to the regular statistics updates, the newsletter contains several articles, including:

• A report that an appeal against a fine issued in France was unsuccessful (the fine is reported here). The fine was levied for “layering” in the French gas market. The basis of the appeal was that misleading price signals were not given off. However, the ruling states that if an activity is likely to send such signals it is still in breach of Article 5. This is also discussed in the later versions of the REMIT Guidance (see here).
• A report on the wholesale hydrogen market. ACER will monitor the market and ascertain when it may be ready to be incorporated into REMIT.
• An update relating to reporting of activity on the Single Intra Day Coupling (SIDC) market.
• An article on stakeholder engagement relating to reporting. A concern is raised about lack of stakeholder engagement from parts of the market.