New REMIT II requirements start on 8th November
Two new requirements will start on the 8th November as part of REMIT II: The requirement that non-EU Market Participants have a representative in the EU. The requirement for Professional…
Less than one month to go until next REMIT II obligations start
On 8th November, the next set of obligations that are found in REMIT II(see here) will take effect. These include requirements: For many "PPET"s (Professional Persons Executing Transactions) to submit…
Another 1m EUR REMIT fine in Spain
The CNMC (National Regulatory Authority of Spain) has fined a Market Participant just over 1M EUR for issuing non genuine orders in the electricity market sending false or misleading signals.…
Updated REMIT Reporting documents issued
ACER has issued minor updates to three documents related to REMIT Reporting: An updated TRUM, which adds new allowable elements (here) An updated TRUM Annex VIII, with a new EIC…