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…
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…
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…
Latest REMIT Quarterly
ACER has today issued the latest edition of the REMIT Quarterly newsletter which can be found here. It includes commentary on recent enforcements, data on notification and alerts sent to…
ACER launches market data and inside information tool
ACER has today launched market data and inside information tools as initiated by REMIT II. The tools include: A data reference centre which provides market data in several areas. The…
ACER report on monitoring and STORs under REMIT
This blog is back after a short break. An "update" post will be made in the coming days. In the meantime ACER has today issued this report on "NRAs’ activities…
ACER updates REMIT Q+As
ACER has updated the Questions and Answers document on REMIT. The new version can be found here. While there are many updates, the vast majority of these are reference and…