Enforcement decisions

Overview of sanction decisions

​REMIT prohibits market manipulation and insider trading in the wholesale energy markets, as well as imposing several obligations. Both can eventually lead to a sanction.

ACER strongly cooperates with the relevant NRAs to monitor the wholesale energy markets and effectively sanction REMIT breaches.

The table below gives an overview of decisions and sanctions of REMIT breaches:

Decisi​​on date

 

NRA, Member State

Market Participant

Type of REMIT breach

Fine

Status

Sou​rce

23 June 2022

CNMC (ES) GASELA GMBH, SOLSTAR Limited Article 5 EUR 12,000,000 Appeal Possible Link
2022 ANRE (RO) PREMIER ENERGY SRL Article 5 500,000 RON (approx. 101,073 EUR)** Under appeal Link
2022 ANRE (RO) TINMAR ENERGY S.A. Article 5 500,000 RON (approx. 101,073 EUR)** Under appeal Link
19 May 2022 CRE (FR) Engie SA Article 3 EUR 80,000 Final Link
25 April 2022 CRE (FR) Electricité de France SA Article 3 and Article 4 EUR 500,000 Appeal Possible Link
25 April 2022 CRE (FR) EDF Trading Limited Article 5 EUR 50,000 Appeal Possible​ Link
2022 ANRE (RO) EFT FURNIZARE S.R.L.  Article 5 400,000 RON (approx. 80,954 EUR)** Final Link
2022 ANRE (RO) WE POWER TEAM S.R.L. Article 5 451,022 RON (approx. 91,272 EUR)** Under appeal Link
2022 ANRE (RO) NOVA POWER & GAS S.R.L. Article 5 400,000 RON (approx. 80,977 EUR)** Final Link
2022 ANRE (RO) QMB ENERG S.R.L. Article 5 400,000 RON (approx. 80,977 EUR)** Final Link
2022 ANRE (RO) TRANSFORMER ENERGY SUPPLY S.R.L. Article 5 400,000 RON (approx. 80,977 EUR)** Final Link
2022 ANRE (RO) A ENERGY IND S.R.L. Article 5 340,294 RON (approx. 68,893 EUR)** Under appeal Link
2022 ANRE (RO) NEXT ENERGY PARTNERS S.R.L. Article 5 200,000 RON (approx. 40,443 EUR)** Final Link
2022 ANRE (RO) ENTREX SERVICES S.R.L. Article 5 400,000 RON (approx. 80,842 EUR)** Final Link
2022 ANRE (RO) ENERGIATAVERDE.RO FURNIZARE S.R.L. (fostă APURON ENERGY S.R.L.) Article 5 400,000 RON (approx. 80,842 EUR)** Final Link
2022 ANRE (RO) ALIVE CAPITAL S.R.L. Article 5 400,000 RON (approx. 80,842 EUR)** Final Link
2022 ANRE (RO) ALIVE CAPITAL S.R.L. Article 5 800,000 RON (approx. 161,911 EUR)** Final Link
2022 ANRE (RO) XPV S.A. Article 5 800,000 RON (approx. 161,911 EUR)** Final Link
2021 ANRE (RO) MONSSON TRADING S.R.L. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
2021 ANRE (RO) NEXT ENERGY PARTNERS S.R.L. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
2021 ANRE (RO) E.ON ENERGIE ROMÂNIA S.A. Article 5 800,000 RON (approx. 161,740 EUR)** Under appeal Link
2021 ANRE (RO) LJG GREEN SOURCE ENERGY BETA S.R.L. Article 5 400,000 RON (approx. 80,870 EUR)** Final Link
2021 ANRE (RO) LJG GREEN SOURCE ENERGY GAMMA S.R.L. Article 5 400,000 RON (approx. 80,870 EUR)** Final Link
2021 ANRE (RO) EFT FURNIZARE S.R.L. Article 5 400,000 RON (approx. 80,870 EUR)** Final Link
2021 ANRE (RO) A ENERGY IND S.R.L. Article 5 800,000 RON (approx. 161,636 EUR)** Final Link
30 September 2021 BNetzA (DE) Energi Danmark A/S Article 5 EUR 200,000 Final​ Link
30 September 2021 BNetzA (DE) Optimax Energy GmgH Article 5 EUR 175,000 Under appeal​ Link
2021 ANRE (RO) AXPO ENERGY ROMÂNIA S.A. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
2021 ANRE (RO) ELECTROMAGNETICA S.A. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
2021 ANRE (RO) AXPO ENERGY ROMÂNIA S.A. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
2021 ANRE (RO) ELECTROMAGNETICA S.A. Article 5 400,000 RON (approx. 80,811 EUR)** Final Link
​​24 August
​2021​
OFGEM (UK)​

ESB Independent Generation Trading Limited and Carrington Power Limited

​Article 5 £ 6,000,000 (approx. EUR 7 million**)* Final Link​​​
2021 ANRE (RO) TRANSFORMER ENERGY SUPPLY S.R.L. ​Article 5 400,000 RON (approx. 81,392 EUR)** Final Link
​​25 February 
​2021​
CNMC (ES)​ Rock Trading World S.A. ​Article 5 EUR 60,000 Appeal possible Link​​​
​​16 December 
​2020​
OFGEM (UK)​ EDF Energy (Thermal Generation) Limited​ ​Article 5

£ 6,000,000 (approx. EUR 6.7 million**)*

Final​ Link​​​
2020 ANRE (RO) ADERRO G.P. ENERGY S.R.L Article 5 400,000 RON (approx. 83,295 EUR)** Final Link
2020 ANRE (RO) NOVA POWER & GAS S.R.L. Article 5 400,000 RON (approx. 83,295 EUR)** Final Link
2020 ANRE (RO) QMB ENERG S.R.L.  Article 5 400,000 RON (approx. 83,295 EUR)** Final Link
2020 ANRE (RO) E.ON ENERGIE ROMÂNIA S.A. Article 5 500,000 RON (approx. 103,235 EUR)** Under appeal Link
2020 ANRE (RO) E.ON GAZ FURNIZARE S.A. Article 5 500,000 RON (approx. 103,235 EUR)** Under appeal Link

25 March 

​2020​

OFGEM (UK)​

InterGen (UK) Ltd,
Coryton Energy Company Ltd, 
Rocksavage Power Company Ltd, 
Spalding Energy Company Ltd

​Article 5

​£ 37,291,000 (approx. EUR 42.5 million**)*

​Final

​Li​nk​​

03 January ​

2020

​NERC (LT)

​UAB Geros dujos

​​Article 5​​

​EUR 28,583 

​Final

Link

​19 December 2019

​CRE (FR)

​BP Gas Marketing Limited

​Article 5

​EUR 1,000,000

Final​

Link ​

December

2019​

MEKH (HU)
​​

​Valahia Gaz S.R.L.

​Article 5​​

HUF 30,000,000 (approx. EUR 90,000)​​

Final

​Lin​k​

2019 ANRE (RO) MET ROMÂNIA ENERGY S.A Article 5 400,000 RON (approx. 84,191 EUR)** Final Link
2019 ANRE (RO) PETOSOLAR S.R.L. Article 5 400,000 RON (approx. 84,191 EUR)** Final Link

September 

2019​

MEKH (HU)

MA​VIR Magyar Villamosenergia-ipari Átviteli Rendszerirányító Zártkörűen Működő Részvénytársaság​

Article 5

HUF 1,000,000 (approx. EUR 3,000)​

Final​

Link

05 Sept​ember 2019

OFGEM (UK)

Engie Global Markets ​

Article 5​

£ 2,128,236.00 (approx. EUR 2,393,427.80**)

Final​

Link

20 February 2019

BNetzA (DE)

Uniper Global Commodities SE +
Two traders

Article 5

EUR 150,000 and fines of EUR 1,500 and EUR 2,000 for each trader respectively.

Final

Link

21 December 2018

Prosecutor/DUR (DK)

Neas Energy A/S

Article 5

DKK 153,000 (approx. EUR 20,400)*

Final

Link

28 November 2018

CNMC (ES)

Multienergía Verde, S.L.U.

Article 5

EUR 120,000

Under appeal

Link

28 November 2018

CNMC (ES)

Galp Gas Natural, S.A.

Article 5

EUR 80,000

Final

Link

30 October 

2018

Prosecutor/DUR (DK)

Energi Danmark A/S

Article 5

DKK 1,104,000 (approx. EUR 147,000)*

Final

Link​​

05 October 

​2018

CRE (FR)

VITOL S.A.

Article 5

EUR 5,000,000

Final

Lin​k

24 November 2015

CNMC (ES)

Iberdrola Generación S.A.U.

Article 5

EUR 25,000,000

Under appeal

Link

 

Note: Article 18 of REMIT establishes that the rules on penalties for breaches of Article 3 and 5 of REMIT are established by the Member States. The implementation regime is therefore different across Member States and some breaches of REMIT may be sanctioned under national provisions. Please consult the sources for the status of the proceedings and more information on the Decisions.

* This amount includes both the (i) fine and (ii) confiscated profit.​​​

** The fines expressed in other currency than EURO are converted in EURO using the ECB exchange rate on the day of the Decision.