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Who's in charge in the electricity market? |
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Tuesday, 09 May 2017 23:39 |
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If the Winter Energy Package was adopted as proposed by the European Commission, the EU Member States, national Transmission System Operators, as well as the domestic regulatory authorities would be deprived of the decisive influence over the bidding zone's borders.
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Ancillary services in the EU uniform electricity market and the State aid rules - uneasy coexistence |
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Sunday, 30 April 2017 12:19 |
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Ancillary service in the electricity market can be easily misunderstood as the capacity mechanism, notwithstanding the fact the legal effects from the State aid treatment point of view, are entirely divergent.
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REMIT reporting burdensome? Write to ACER for an exemption |
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Monday, 26 September 2016 06:11 |
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Merciful EU energy watchdog granted relief from REMIT reporting for tenants in shopping malls. More clients are waiting...
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Tuesday, 16 August 2016 06:26 |
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Imagine a manufacturer who who consumes 595 MWh yearly. He sleeps well since convinced that REMIT itself, REMIT registration and operationally burdensome REMIT transactions and orders reporting are beyond the scope of his affairs. And suddenly somebody comes and says, "You have serious legal problems, you are not credible business partner". What's the point?
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Every company as a prosecutor - impressions from reading ACER's 4th edition of REMIT Guidelines |
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Monday, 11 July 2016 06:30 |
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ACER has established a new, costly law for companies.
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Back office alert - OTC contract admitted to trading at the organised market place |
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Monday, 25 April 2016 06:09 |
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Do you still deliberate how often the list of organised markets must be checked?
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ACER Code - a universal pass to the EU energy market? |
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Monday, 04 April 2016 06:00 |
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Is it formally correct to conclude a contract in the wholesale energy market with the counterparty that has not registered in the European Registry of Energy Market Participants and, consequently, does not have the ACER Registration Code?
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Final customers' REMIT reporting - D-Day 7 April 2016 |
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Monday, 07 March 2016 06:04 |
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The scope for final customers reporting under the REMIT Regulation occurs much more extensive than anyone could so far expect.
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How do you report trades based on index under REMIT? |
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Tuesday, 01 March 2016 22:30 |
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Under the REMIT reporting scheme trades based on index may, theoretically, be reported in two alternative ways.
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EFET master agreements' reporting under REMIT - everything clear? |
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Thursday, 18 February 2016 12:00 |
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Are EFET master agreements reportable under REMIT? ACER's recent interpretations create confusion in the market.
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Permanent/occasional trade character decisive for RRM designation in complex delegation chains |
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Monday, 14 December 2015 06:06 |
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Establishing circumstances where the RRM designation by the wholesale energy market participant is required, and where it is not, is almost entirely governed by ACER's frequently changing interpretations.
This is not a comfortable situation from legal certainty point of view. If these interpretations were a little bit clearer...
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Brokers as reporting agents under REMIT |
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Monday, 23 November 2015 06:30 |
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Brokers role in the REMIT reporting framework appears somewhat complex. Let alone entirely different structuring of executing brokers and the clearing ones (where the clearing brokers have been placed - fundamentally - outside the REMIT market participants' scope), the reporting of life-cycle events with respect to trades executed with the broker's participation requires a careful reflection.
Another problematic case emerges when the firm has two different types of business - is an executing broker (exchange member) and is also an organised market place (it runs a broker platform). Recent updates to the ACER's reporting manuals offer some help while resolving these issues.
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Benefits from trade repositories having an RRM functionality - areas for residual risk |
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Monday, 02 November 2015 13:30 |
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Are you completely certain on what occasions your energy supply and derivatives contracts must be reported to ACER and not to the trade repository?
Surprised? It may mean you are at risk of non-compliance...
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Client relationship brings bonuses under REMIT |
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Wednesday, 28 October 2015 20:53 |
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As the latest version of the ACER's reporting guidelines acknowledges, the client participation in the trading venue not involving a membership does not entail a reporting requirement for the client under REMIT.
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