TRUM - Trade Reporting User Manual (REMIT definitions)


 

The TRUM (Trade Reporting User Manual) is the document published and periodically updated by the European Agency for the Cooperation of Energy Regulators (ACER), which serves as a key operational tool for transactions and orders reporting under the REMIT Regulation (encompassing power and gas trading processes).

 

 

REMIT Implementing Regulation No 1348/2014

Article 10(3)

 

The Agency shall after consulting relevant parties establish procedures, standards and electronic formats based on established industry standards for reporting of information referred to in Articles 6, 8 and 9. The Agency shall consult relevant parties on material updates of the referred procedures, standards and electronic formats.

 

The legal base for TRUM's issuance is Article 10(3) of the Commission Implementing Regulation No 1348/2014 of 17 December 2014 on data reporting implementing Article 8(2) and Article 8(6) of Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (OJ L 363, 18.12.2014, p. 121 - 'REMIT Implementing Act').

 

TRUM forms an integral part of the REMIT Reporting User Package adopted by ACER.

 

The final TRUM's release has been preceded by the following procedure:

 

- On 30 October 2013, the European Commission presented a draft of the REMIT Implementing Act to be adopted pursuant to Article 8 of REMIT.

 

 

REMIT Quarterly No. 5 / Q1 2016, p. 5

 

"The TRUM explains the content of the reportable information. It was published for the first time on 8 January 2015 upon entry into force of Commission Implementing Regulation (EU) No 1348/2014, and will be updated whenever necessary. An updated version two of the TRUM was published on 30 September 2015.

 

In the meantime, the Agency published two updates of version two of the TRUM on 31 March 2016 and on 9 May 2016. Whilst version 2.1 of the TRUM provides further clarification on the distinction between standard and non-standard contracts on page 19, and some minor corrections on pages 19, 138 and 140, version 2.2 of the TRUM provides further clarification on the reporting of transportation contracts on pages 109 and 137-138."


- The draft for REMIT Implementing Act provided that the ACER should explain the details of the reportable information in a user manual.

  

- On 27 March 2014, the ACER launched a public consultation on the draft TRUM, based on the draft REMIT Implementing Act presented by the European Commission in October 2013. The public  consultation lasted until 5 May 2014.

 

- The second public consultation on the TRUM was based on the draft Implementing Act published by the European Commission in July 2014, and took into account the input received during the first consultation in 2014. It included a consultation on the List of Standard Contracts. The second public consultation lasted until 2 September 2014. 

 

On 30 September 2015 ACER has updated the TRUM and released the version 2.0, and on 31 March 2016 version 2.1 has been published.

 

Source of the attachment: REMIT Portal

Attachments:
FileDescriptionFile sizeLast Modified
Download this file (ACER_REMIT_TRUM_v3.0.pdf)ACER_REMIT_TRUM_v3.0.pdfTRUM - Trade Reporting User Manual2523 Kb27/04/17 21:00
Download this file (ACER_REMIT_TRUM_v2 2_vs_3.0.pdf)ACER_REMIT_TRUM_v2 2_vs_3.0.pdf 2523 Kb27/04/17 21:07

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Last Updated on Thursday, 27 April 2017 21:07
 

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