Reinforced monitoring of the European single intraday coupling market: ACER requests further information from Nominated Electricity Market Operators
Reinforced monitoring of the European single intraday coupling market: ACER requests further information from Nominated Electricity Market Operators
What is it about?
The EU Agency for the Cooperation of Energy Regulators (ACER) has published a decision requesting further information from Nominated Electricity Market Operators (NEMOs) operating in the Single Intraday Coupling (SIDC) market.
The information is needed for the reconstruction of the trading activity on the Shared Order Book in the SIDC market and thus allowing ACER to fully comply with its mandate of monitoring the wholesale energy markets pursuant to Article 7 of REMIT. The requested information complements the data collected on SIDC according to Article 8 of REMIT.
What are the benefits?
Providing ACER with the relevant information allows the Agency to monitor effectively the European wholesale market’s integrity and transparency, particularly the Single Intraday market, according to REMIT.
Deterring market participants from manipulating the market, ensuring trust in the functioning of the markets and fostering market integration have the ultimate goal of protecting the interest of companies and consumers.
Access ACER Decision 01-2022.