31.3.2022

ACER publishes updated guidance to facilitate REMIT reporting

TwitterTwitterTwitter
Image
Guidance on REMIT Reporting

ACER publishes updated guidance to facilitate REMIT reporting

What is it about?

Following a five-month consultation with stakeholders aimed at improving REMIT data reporting, the EU Agency for the Cooperation of Energy Regulators (ACER) publishes today the updated Transaction Reporting User Manual (TRUM) and its Annex II.

The amendments provide guidance on the reporting of transactions related to the transportation of natural gas, which need to be reported to ACER according to the REMIT Implementing Regulation.

The updated guidance aims to:

  • update and clarify the data field descriptions related to gas transportation contracts,

  • clarify and ensure consistency on the reporting of gas transportation contracts,

  • include new examples of transaction reporting based on ACER’s analysis and the interaction with National Regulatory Authorities (NRAs) and stakeholders.

The consultation included input from different stakeholders, including associations of market participants, organised market places, and registered reporting mechanisms.

Access the new version of the Transaction Reporting User Manual and its Annex II.

ACER also provides the updated 13th edition of the FAQs on REMIT transaction reporting. Intended to foster clarity and simplify cooperation with reporting parties, the new edition of the FAQs includes new frequently asked questions to better reflect the evolution of the trading activity on EU markets. Facilitating the correct reporting of data is key to ensure the integrity and transparency of the markets.

Access the new version of the FAQs on transaction reporting.

In addition, ACER has also published the 27th edition of the Q&As on REMIT policy, which introduces three new Q&As coordinated with the relevant NRAs. The new edition clarifies the application of REMIT when dealing with the disclosure of inside information, guarantees of origin, and renewable energy aggregators.

Access the new edition of the Q&As on REMIT policy topics.

All documents are accessible via the new REMIT Knowledge Base, which is now available and fully integrated with the ACER website.