CEER press release on REMIT
The Council of European Energy Regulators (CEER) have issued this press release providing an update on the progress of REMIT. It notes that reporting for on-venue activity has started, and…
Large market manipulation fine in the US
Following last week's news of a fine under REMIT for market manipulation, the CFTC have fined Total Gas & Power North America $3.6 million for a gas price manipulation, announced here.…
Corrected: EFETNet Announcements
EFETNet have recently made two announcements, both related to the eRR regulatory reporting service. The first (here) announces that phase 2 REMIT reporting will initially be available free of charge…
REMIT sanctions large and small
See here for a press release from Spain's CNMC announcing a sanction on Iberdrola Generación of a 25 million Euro fine for a breach of REMIT. The fine can still be…
Post and event on surveillance
See here for a post on LinkedIn by Harry Nota of Openlink on the topic of surveillance. The post considers the fact that ACER are already collecting on venue data…
ACER issues 12th REMIT Q+A document
ACER yesterday issued the 12th version of their Questions and Answers document on REMIT, which can be found here. Commentary on the previous edition can be found here. There are…
Updated REMIT reporting documents
ACER have recently updated two documents related to REMIT Reporting: FAQs on Transaction Reporting (here): There are many new answers to a variety of questions relating to transaction reporting. Reporting…
REMIT experiences
BKW have published this interesting article (in German) by Manuel Bertschy detailing their experiences going live under REMIT and the Elcom (Swiss) rules. The article shows the benefit of taking a…
Latest REMIT Q+A published – 11th edition
ACER have published an updated version of their Questions and Answers document on REMIT, the 11th version, which can be found here. The new answers are as follows: Registration/Backloading By…
New RRMs
In the few weeks since reporting started under REMIT, two RRMs have received approval: SEMO - The Single Energy Market Operator running the Irish market. MIBGAS - The Iberian Gas…
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