ACER publishes open letter on LNG data quality
ACER today published this open letter relating to data reporting of LNG activity under the Council Regulation introduced earlier this year (see here). The letter highlights issues with some of…
ACER today published this open letter relating to data reporting of LNG activity under the Council Regulation introduced earlier this year (see here). The letter highlights issues with some of…
ARERA, the National Regulatory Authority for Italy, has posted this announcement informing of action against a market participant for breaches of REMIT Article 5 (market manipulation). The activity in question…
Forsyningstilsynet, the Danish National Regulatory Authority, has opened a consultation into the practice of "self trades" in capacity on borders and the issue of capacity hoarding under REMIT. The consultation…
It has been announced that a market participant in Hungary has been fined 500 million HUF (approx 1.4M EUR) for a breach of REMIT article 5. The announcement (in Hungarian)…
The European Council have yesterday agreed their approach to REMIT II, as announced here. Since the publication of the original REMIT II proposal earlier this year (see here), approaches by…
Yesterday the European Commission published a draft Implementing Act relating to the Carbon Border Adjustment Mechanism(CBAM), which aims to reduce "carbon leakage" by requiring imports into the ETS area of…
Ofgem have today made this announcement stating that following an investigation, it is proposed that SSE Generation Limited make a payment of 9.78 million GBP due to an inadvertent breach…
The e-World trade fair will take place next week in Essen, from Tuesday 23rd to Thursday 25th May (see here). Aviv Handler of ETR Advisory has a small number of…
ACER has today issued the latest version of the REMIT Quarterly newsletter, which can be found here. In addition to the "usual" statistics, the newsletter summarises the changes proposed by…
Eight traders have been arrested in Aarhus in Denmark on allegations of market manipulation of Wholesale Energy Products. The arrests occurred on Wednesday as reported here on the Reuters site…