New REMIT Quarterly
ACER has released the latest version of their Quarterly newsletter on REMIT, which can be found here. It includes a summary of many of the recent updates as well as…
1M EUR REMIT fine in Spain for “Marking the close”
The CNMC Spanish National Regulatory Authority has announced a fine of 1M Euros levied on a market participant for a breach of REMIT Article 5, the market manipulation prohibition. The…
No manipulation found in German “Dunkelflaute”
The period of high demand with low renewable generation last winter in Germany ("Dunkelflaute"), which led to high prices, has been investigated by several German government agencies including Bundesnetzagentur , the…
ACER and Commission REMIT workshop – 28 November
ACER and the European Commission DG Energy will run a public workshop on Friday 28th November covering various topics relating to the implementation of REMIT II. Registration and details can…
ACER opens consultation on CEREMP
ACER has opened a consultation on changes to be applied to the "CEREMP" database (Centralised European Register of Energy Market Participants). Market Participants in the EU REMIT must register in…
REMIT updates: Fines in Bulgaria and CEREMP changes
DKER, the National Regulatory Authority of Bulgaria, has imposed fines of 10,000 BGN each (approx 5,000 EUR) on two firms for breaches of REMIT Article 4, the obligation to disclose…
Draft REMIT II Implementing Act and other documents released by Commission
The European Commission DG Energy has just opened consultations and released draft documents with the proposed new REMIT II Implementing Act as well as the Delegated Regulation on the authorisation…
ACER publishes quarterly REMIT newsletter
ACER has published the latest quarterly newsletter on REMIT, which can be found here. There are the usual statistical updates, updates on how ACER is preparing for the forthcoming publication…
Ofgem issues open letter on capacity withholding in the GB market
This blog is back after a break. A catch up post will be issued in a few days. Ofgem, the National Regulatory Authority of Great Britain, has issued this open…
Firm fined 500k EUR for failure to provide REMIT information(updated) – REMIT webinar
A fine has been levied on a firm by the CRE (the French National Regulatory Authority) and CoRDIS for failing to provide all of the data requested in a Request…