|ACER Guidance on the application of REMIT|
Under Article 16(1) of Regulation (EU) No 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT) the Agency for the Cooperation of Energy Regulators (ACER) is granted the competence to publish non-binding guidance on the application of some REMIT definitions.
Moreover, some coordination powers among the EU Member States’ National Regulatory Authorities (NRAs) are entrusted to the ACER under REMIT.
The attached ACER Guidance on the application of REMIT has a non-binding character and is directed to the NRAs to ensure the consistency in their monitoring activities under REMIT.
As the preface to the Guidance reads, the document is updated from time to time to reflect the changing market conditions and the experience gained by the Agency and NRAs in the implementation of REMIT.
|Last Updated on Wednesday, 24 July 2019 20:22|