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Traders arrested in Denmark on allegation of energy market manipulation

  • Post author:Aviv
  • Post published:April 21, 2023
  • Post category:MAR/REMIT

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…

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ACER announces changes to REMIT Table 4 – Gas transportation

  • Post author:Aviv
  • Post published:April 18, 2023
  • Post category:REMIT

ACER has announced that the formats used for Table 4, used for reporting of gas transportation contracts under REMIT, will be updated. The older versions of Table 4 will no…

Continue ReadingACER announces changes to REMIT Table 4 – Gas transportation

REMIT case sent to police in Denmark

  • Post author:Aviv
  • Post published:April 17, 2023
  • Post category:REMIT

Forsyningstilsynet, the Danish National Regulatory Authority, has made this announcement (in Danish) that an electricity producer has been reported to the police for alleged breaches of REMIT Articles 3 and…

Continue ReadingREMIT case sent to police in Denmark

REMIT fine issued in Bulgaria

  • Post author:Aviv
  • Post published:March 29, 2023
  • Post category:REMIT

KEVR, the National Regulatory Authority of Bulgaria, has announced the imposition of a fine of 165,000 BGN (approximately 84,260 EUR) for a breach of REMIT Article 5. The announcement in…

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New REMIT and market design legislative proposals

  • Post author:Aviv
  • Post published:March 15, 2023
  • Post category:Energy Market Interventions/REMIT

The European Commission has released legislative proposals relating to an updated version of REMIT level 1 and also the changes to the EU energy market design, on which a consultation…

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ACM issues guidance on REMIT Inside Information disclosures

  • Post author:Aviv
  • Post published:February 16, 2023
  • Post category:REMIT

The Autoriteit Consument & Markt (ACM), the National Regulatory Authority of the Netherlands, has published guidance on compliance with REMIT Article 4, the requirement to disclose Inside Information on an…

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Catch up: LNG reference price, REMIT Quarterly, UK AAT and more

  • Post author:Aviv
  • Post published:February 6, 2023
  • Post category:Brexit/Energy Market Interventions/LNG/Mifid/REMIT

We have been offline for a couple of weeks and this post aims to catch up on some key news: ACER published the first "reference price", which will be a…

Continue ReadingCatch up: LNG reference price, REMIT Quarterly, UK AAT and more

First LNG price assessment not calculated on Friday

  • Post author:Aviv
  • Post published:January 16, 2023
  • Post category:Energy Market Interventions/REMIT

On Friday, ACER started to publish price assessments relating to LNG, as per the requirements of the Council Regulation (see here). However, the data received was insufficient to calculate an…

Continue ReadingFirst LNG price assessment not calculated on Friday

LNG price assessment and reporting commences today

  • Post author:Aviv
  • Post published:January 13, 2023
  • Post category:Energy Market Interventions/REMIT

As of today ACER will be publishing an LNG price assessment as per the Council Regulation published in the Official Journal of the European Union in late December (see here).…

Continue ReadingLNG price assessment and reporting commences today

ACER updates REMIT Q+A

  • Post author:Aviv
  • Post published:December 16, 2022
  • Post category:REMIT

ACER has today published an updated REMIT Q+A document which can be found here. It added and updated 6 answers in total: whether battery storage contracts are reportable (III.3.51) that…

Continue ReadingACER updates REMIT Q+A
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