17.12.2020

REMIT News

TwitterTwitterTwitter

An overview of the main REMIT updates

​​ACER welcomes the European Commission Decision on REMIT fees due to ACER for collecting, handling, processing and analysing information reported under REMIT

The European Union Agency for the Cooperation of Energy Regulators (ACER) welcomes the European Commission Decision regulating the ACER REMIT fees. The Decision, adopted today, will be published in the Official Journal tomorrow and will enter into force on Monday, 21 December 2020.

The Decision regulates the fees due to ACER for collecting, handling, processing and analysing the information reported under Article 8 of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT).

ACER accompanies the adoption of the Commission Decision with the first version of the Questions and Answers on REMIT Fees, providing further details on the methodology behind the fee calculations.

Find out more.

ACER updates the Open Letter on Brexit and its implications on market participants

As the transition period is coming to an end, ACER has updated its Open Letter on the Withdrawal of the United Kingdom from the European Union and implications on the registration of market participants and data collection under REMIT.

The purpose of the Letter is to provide guidance to national regulatory authorities, as well as to inform market participants and the wider market about the consequences and repercussions on REMIT implementation after 31 December 2020.

The Open Letter will be available on the REMIT Portal as of 18 December 2020.

ACER announces the outcome of the 2020 Roundtable meetings on REMIT data reporting and the new edition of its REMIT Q&As

ACER publishes the minutes of the Roundtable meetings held on 24 and 25 November 2020 with organised market places (OMPs) and the associations of energy market participants (AEMPs), reflecting the outcome of a lively discussion on the REMIT transaction reporting guidance, the impact of Brexit on data reporting, as well as market surveillance.

Contextually, the 24th edition of the Q&As on REMIT contains the most up-to-date information concerning REMIT policy issues. The Q&As are developed in cooperation with the national regulatory authorities and are prompted by stakeholders during webinars and Roundtable meetings, as well as by the queries received via the REMIT Query form.

REMIT data collection service is restored 

ACER has restored its data collection activities under REMIT. The service is available as of 11 December 2020.​