24.04.2024
Important! Open letter on the implications of the revision of Regulation (EU) No 1227/2011 on REMIT data reporting aspects and notification obligations:
- Please refer to the document “Open letter on the implications of the revision of Regulation (EU) No 1227/2011 on REMIT data reporting aspects and notification obligations“ published by ACER on 17.04.2024. With regard to the points presented in the ACER letter, please address your questions, comments and proposals to remit@opcom.ro
23.04.2024
• Regulation (EU) No. 1106/2024
The revised Regulation on Wholesale Energy Market Integrity and Transparency (EU Regulation 2024/1106), published today in the Official Journal of the European Union, enters into force on 7 May 2024.
- Regulation (EU) 2024/1106 of the European Parliament and of the Council of 11 April 2024 amending Regulations (EU) No 1227/2011 and (EU) 2019/942 as regards improving the Union’s protection against market manipulation on the wholesale energy market
„Europe has an EU-wide legal framework (generally called ‘REMIT’) designed to prevent and protect consumers and business against market abuse in the European electricity and gas markets. The revised REMIT takes effect from 7 May 2024. For a short overview on the revised REMIT, see here.”
28.02.2023 – REMIT Implementation update
- For situations when Services Beneficiaries want to change their data of identification, OPCOM published “Addendum to the Agreement on data accessing and data reporting”. The Addendum shall be signed in Romanian version, the English version being only for informative purpose.
23.02.2023 – REMIT Implementation update
- For situations when Services Beneficiaries ask OPCOM to provide additional reporting services, OPCOM publishes the “Addendum to the Agreement on data accesing and data reporting“. The Addendum shall be signed in Romanian version, the English version being only for informative purposes.
20.12.2022 – REMIT Implementation update
- As the Market Participants / Beneficiaries of the reporting services were informed on 09.12.2022, OPCOM publishes the new REMIT Agreement that will govern the contractual relationship regarding the reporting services to ACER starting with 2023.
This approach of OPCOM S.A. supports market participants, offering them a simplified procedure to access / maintain access to ACER reporting services according to REMIT.
The implementation of the single REMIT Agreement takes place in trhe same time with the introduction of a complementary pricing mechanism, which facilitates beneficiaries' access to any of the data reporting services offered by OPCOM by paying a single RRM OPCOM administration fee, as well as the reporting fees through RRM OPCOM according to requests of each beneficiary.
The reporting applications and the related user manuals do not change.
The REMIT Agreement shall be signed in Romanian version, the English version being only for informative purposes.
10.08.2022 – REMIT Implementation update
- Please refer to the 29th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) published on 02.08.2022.
04.05.2022 – REMIT Implementation update
- Please refer to the 28th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) published on 03.05.2022.
01.04.2022 – REMIT Implementation update
- Please refer to the document “Transaction Reporting User Manual (TRUM)“ as well as the Annexes II and VI of the Transaction Reporting User Manual (TRUM), updated at 31.03.2022 and published by ACER.
- Please refer to the document, “FAQs on REMIT Transaction Reporting“, 13th Edition, updated at 31.03.2022 and published by ACER.
- Please refer to the document “Questions & Answers on REMIT”, 27th Edition, updated at 31.03.2022 and published by ACER.
07.02.2022
REMIT Implementation update
- Please refer to the 27th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) published on 04.02.2022.
15.12.2021 – REMIT Implementation update
- Please refer to the minutes of the Roundtable meetings held on 16 and 18 November 2021 with organised market places (OMPs), registered reporting mechanisms (RRMs), inside information platforms (IIPs) and associations of energy market participants (AEMPs), published by ACER on 14.12.2021.
- Please refer to the document "Questions & Answers on REMIT, 26th Edition", updated at 14.12.2021 and published by ACER.
- Please refer to the document “Open Letter on the extension of the possibility for market participants to publish inside information on their own corporate website as a backup solution”, published by ACER on 14.12.2021.
30.07.2021
REMIT Implementation update
- Please refer to the 26th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) published on 04.11.2021.
30.09.2021
REMIT Implementation update
- OPCOM publishes the new version of “Addendum to the Agreement on data accesing and reporting“ referring to the provision of additional reporting services for Market Participants, following the adoption of the Commission Decision (EU) 2020/2152 of 17.12.2020 on fees due to the European Union Agency for the Cooperation of Energy Regulators for the collecting, handling, processing and analysing of information reported under Regulation (EU) No.1227/2011 of the European Parliament and of the Council ("Commission Decision 2020/2152") in the implementation of art. 32 of the ACER Regulation establishing REMIT fees for market participants registered in accordance with Article 9 of REMIT, applicable from 1 January 2021. The Addendum shall be signed in Romanian version, the English version being only for informative purposes.
30.07.2021
REMIT Implementation update
- Please refer to the document "Questions & Answers on REMIT Fees", updated at 29.07.2021 and published by ACER.
- Please refer to the 25th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) published on 29.07.2021.
23.07.2021
REMIT Implementation update
- Please refer to the document “ACER Guidance on the application of Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency 6th Edition“, published by ACER on 22/07/2021.
08.06.2021
REMIT Implementation update
- OPCOM publishes the new versions of REMIT agreements following the adoption of the Commission Decision (EU) 2020/2152 of 17.12.2020 on fees due to the European Union Agency for the Cooperation of Energy Regulators for the collecting, handling, processing and analysing of information reported under Regulation (EU) No.1227/2011 of the European Parliament and of the Council ("Commission Decision 2020/2152") in the implementation of art. 32 of the ACER Regulation establishing REMIT fees for market participants registered in accordance with Article 9 of REMIT, applicable from 1 January 2021:
- Agreement on data accessing and reporting
- Agreement on data reporting for the participants not registered on the markets administered by OPCOM
- Agreement on data reporting Tel4
The reporting applications and the related user manuals do not change.
12.05.2021
REMIT Implementation update
- Please refer to the updated version of the "Guidance on the application of REMIT“, updated at 11.05.2021 and published by ACER.
- Please refer to the 24th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 11.05.2021.
06.05.2021
REMIT Implementation update
ACER publishes updated guidance to facilitate REMIT transaction reporting
- Please refer to the updated guidance to facilitate REMIT transaction reporting published by ACER on 03.05.2021.
02.02.2021
REMIT Implementation update
- Please refer to the 23rd edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 28.01.2021.
18.12.2020
REMIT Implementation update
- Please refer to the document “Commission Decision (EU) 2020/2152 of 17 December 2020 on fees due to the European Union Agency for the Cooperation of Energy Regulators for collecting, handling, processing and analysing of information reported under Regulation (EU) No 1227/2011 of the European Parliament and of the Council”, published in the Official Journal of the European Union on 18.12.2020;
- Please refer to the document "Questions & Answers on REMIT Fees", updated at 17.12.2020 and published by ACER.
- Please refer to the document "Open Letter on Brexit and its implications on market participants", published by ACER on 18.12.2020.
- Please refer to the minutes of the Roundtable meetings held on 24 and 25 November 2020 with organised market places (OMPs) and the associations of energy market participants (AEMPs), published by ACER on 17.12.2020.
- Please refer to the document “Questions & Answers on REMIT, 24th Edition“, updated at 17.12.2020 and published by ACER.
- ACER informs that has restored its data collection activities under REMIT. The service is available as of 11 December 2020.
24.11.2020
REMIT Implementation update
- Please refer to the updated version of the "Guidance on the application of REMIT“, updated at 18.11.2020 and published by ACER.
- Please refer to the document "Open Letter on the impact of COVID-19", published by ACER on 20.11.2020.
18.11.2020
REMIT Implementation update
- Please refer to the 22nd edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 17.11.2020.
- Please refer to the document "The 4th Open Letter on REMIT data quality", published by ACER on 22.10.2020.
24.08.2020
REMIT Implementation update
- Please refer to the 21st edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 14.08.2020.
10.08.2020
REMIT Implementation update
An online stakeholder workshop on ACER REMIT fees was held on 15 July 2020. This event complements the public consultation (open from 8 June to 31 August 2020) on the fees that will be due to ACER under Article 32 of the ACER Regulation (EU) 2019/942 (https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12406-CommissionDecision-setting-the-fees-due-to-ACER-for-tasks-under-REMIT/public-consultation). A Summary minutes, including the presentations, are available here and the document will also be published on the European Commission's "Have your say" website, on the page dedicated to this topic, respectively Energy market regulation – fees to be paid to European agency ACER.
28.07.2020
Europex response – REMIT fee design & implementation consultation
On 24 July 2020, Europex published the response to the European Commission’s questionnaire regarding the preparation of the Decision setting the fees due to ACER for collecting, handling, processing and analysing of information reported under Article 8 of REMIT. The paper covering Europex feedback in extenso is available on Europex website at : https://www.europex.org/consultation-responses/europex-response-remit-fee-design/
OPCOM would like to remind you that the European Commission, Directorate-General for Energy (DG Energy), in consultation with ACER, has launched a public consultation on the planned Commission Decision setting the REMIT fees. It can be accessed via the following link:
The feedback period ends on 31 August 2020.
01.07.2020
REMIT Implementation update
- Please refer to the document “Questions & Answers on REMIT, 23rd Edition“, updated at 30.06.2020 and published by ACER.
- Please refer to the document “Transaction Reporting User Manual (TRUM)“, 4th Edition, updated at 30.06.2020 and published by ACER.
- Please refer to the 11th edition of the document “FAQs on REMIT Transaction Reporting”, updated at 30.06.2020 and published by ACER.
19.05.2020
REMIT Implementation update
- Please refer to the 20th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 18.05.2020.
09.04.2020
REMIT Implementation update
- Please refer to the document 5th Edition of Guidance on the application of REMIT “, updated at 08.04.2020 and published by ACER.
21.02.2020
REMIT Implementation update
- Please refer to the 19th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 20.02.2020.
20.02.2020
IMPORTANT: The application for standard contracts reporting (machetaSTD) has been updated; this version of the application implements the new rule for identifying a reported transaction recently activated in the Agency’s Reporting Information System (ARIS). Please refer to „User Manual - Macheta STD”, version 2.3.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaETR_v1.0
- MachetaSTD_v2.3.0
- MachetaNSTD_v2.1.0
- MachetaDFG_v1.0
| Macheta ETR and User Manual Relevant data regarding electrical energy transport contracts concluded on the secondary market. |
Macheta STD and User Manual |
Macheta NSTD and User Manual |
Macheta DFG and User Manual |
04.02.2020
ACER update on Brexit implications for REMIT
“The United Kingdom (UK) leaves the European Union today. However, until 31 December 2020, the so-called transition period applies. During the upcoming eleven months the UK will become a third country, but the EU rules will continue to apply, including the Regulation on wholesale energy market integrity and transparency (REMIT).
During the transition period, Market Participants registered in the UK do not need to register yet in one of the remaining 27 Member States. They are also obliged to report UK REMIT data to ACER as specified in the REMIT Implementing Regulation and the ACER guidance.
There is no indication that the transition period will be extended. Therefore, as of January 2021 UK market participants willing to continue entering into transactions or placing orders to trade in the European Union's wholesale energy markets will have to register in one of the remaining 27 EU Member States.
In the coming eleven months, ACER will continue monitoring the application of EU law to/in the UK and will closely monitor developments in preparation for the end of the transition period. ACER will also engage and provide input as necessary with/to the European Commission.”
(source: ACER News 31/01/2020)
04.02.2020
ACER launches new webforms to facilitate REMIT stakeholder communication
“The European Union Agency for the Cooperation of Energy Regulators (ACER) launches today newly designed online forms to facilitate communication with REMIT stakeholders.”
„An efficient and user-friendly communication with stakeholders is essential to ACER. In the field of REMIT, the Agency interacts with over 120 Registered Reporting Mechanisms, 80 Organised Market Places, more than 14,000 Market Participants and 13 Inside Information Platforms.”
For more information please visit the following link.
(source: ACER Infoflash 3 February 2020)
14.01.2020
IMPORTANT: ACER updates validation rules under REMIT
The Agency is continuously working on improving data reporting guidance to facilitate market participants’ (MPs) compliance with their reporting obligations under the Regulation on wholesale market integrity and transparency (REMIT). In order to do so, new validation rules on gas and electricity transportation data will be implemented. Similarly, to other data types, the rules will require that the reported Energy Identification Code (EIC) type X which is used to identify a market participant in the reported data is registered in the Centralised European Register of Market Participants (CEREMP).
The Agency has already publicly communicated the issue of ‘reporting of inactive, wrong, non-existent and not registered EIC X codes in fundamental and transportation data’ in its 2nd Open Letteron REMIT data quality on 19 July 2018. The Agency would like to urge market participants once again to ensure the usage of only one EIC X code when entering into transactions that are reportable according to the REMIT Regulation. The same EIC X code must be registered in CEREMP. MPs should ensure their compliance with the above-mentioned rules by 30 June 2020.
The Agency intends to activate validation rules in the second half of 2020, the exact date will be communicated in due time. Upon the activation of the rule, all reported records containing EIC codes as identifiers of MPs that are not present in the CEREMP will be rejected. By the time the validation rule enters into force, the Agency will have provided more than two years for MPs to ensure their compliance with the EIC code reporting.
The Agency will communicate the non-compliant codes reported during Q1-Q3 2019 to Registered Reporting Mechanisms (RRMs) and National Regulatory Authorities (NRAs) to further facilitate MPs’ compliance by June 2020. The Agency would also like to remind MPs that all EIC codes used for REMIT reporting are considered international and as such should be published on the list managed by the central issuing office (ENTSO-E).
About REMIT
REMIT introduced a sector-specific legal framework for the monitoring of wholesale energy markets. The objective is to detect and to deter market manipulation. Energy trading is screened at EU level to uncover abuses. Market integrity and transparency are essential for well-functioning energy markets and for promoting the confidence of market participants and final consumers.
19.11.2019
ACER suspends processing of pending applications for registration of REMIT reporting parties
A level of resources incommensurate to its demanding workload, particularly with regard to its activities under the Regulation on wholesale energy market integrity and transparency (REMIT) has finally forced the European Union Agency for the Cooperation of Energy Regulators (ACER) to suspend, with immediate effect, the processing of the pending applications for registration of reporting parties as Registered Reporting Mechanisms (RRMs).
In order to maintain an acceptable level of operational standards in its REMIT implementation, in the last few years the Agency had carried out a wide-ranging re-prioritisation of its activities with regard to data reporting to limit the impact on the continuous collection, management and sharing of high-quality data under REMIT in the most efficient and effective way with the human resources available.
ACER has currently registered 120 reporting parties as RRMs, reporting more than 3 million records of transactions on average per day. Any further registration of RRMs would go beyond the number of registered reporting parties expected in the European Commission’s legislative proposal for REMIT. The number of registered RRMs is already exceeding by far the number of approved reporting mechanisms in other European and national transaction reporting regimes. ACER is nevertheless still faced with a number of new applications for the registration as RRMs, but it lacks the human resources to process these applications.
In ACER’s view, there is a limited need for the registration of additional RRMs as the more than 14,000 Market Participants registered with National Regulatory Authorities can already choose among the 120 registered RRMs, including third-party RRMs providing reporting services to Market Participants, to report on their behalf. The Agency may resume the processing of applications as soon as the necessary additional resources become available.
(source: ACER Infoflash 18 November 2019)
31.10.2019
REMIT Implementation update
- Please refer to the 18th edition of "ACER’s REMIT Quarterly" (The Latest News on Wholesale Energy Market Integrity and Transparency) from 30.10.2019.
17.10.2019
REMIT Implementation update
- Please refer to the document “4th Edition of Guidance on the application of REMIT“, updated at 15.10.2019 and published by ACER.
31.07.2019
REMIT Implementation update
- Please refer to the 17th edition of "ACER’s REMIT Quarterly" (The Latest News on Wholesale Energy Market Integrity and Transparency) from 30.07.2019.
26.07.2019
REMIT Implementation update
- Please refer to the document "The 3rd Open Letter on REMIT data quality", published by ACER on 26.07.2019.
18.07.2019
REMIT Implementation update
- Please refer to the document “4th Edition of Guidance on the application of REMIT“, published by ACER on 17.07.2019.
- Please refer to the 6th edition of the document “Manual of Procedures (MoP) on transaction data, fundamental data and inside information reporting“, updated at 17.07.2019 and published by ACER.
- Please refer to the document, ”Frequently Asked Questions (FAQs) on REMIT fundamental data and inside information”, updated at 17.07.2019 and published by ACER.
- ACER lauched on 17 July 2019 a Public Consultation on definition of inside information.
03.05.2019
REMIT Implementation update
- Please refer to the 16th edition of "ACER’s REMIT Quarterly" (The Latest News on Wholesale Energy Market Integrity and Transparency) from 29.04.2019.
04.02.2019
REMIT Implementation update
- Please refer to the 15th edition of "ACER’s REMIT Quarterly" (The Latest News on Wholesale Energy Market Integrity and Transparency) from 1.02.2019.
22.01.2019
REMIT Implementation update
- Please refer to the document "Open letter on the withdrawal of the United Kingdom from the European Union and implications for REMIT", published by ACER on 09.01.2019.
23.10.2018
REMIT Implementation update
- Please refer to the 14th edition of ACER’s REMIT Quarterly (guidance on the application of REMIT and transaction reporting) from 23.10.2018.
- Please refer to the document “Questions & Answers on REMIT, 22nd Edition“, updated at 22.10.2018 and published by ACER.
27.08.2018
IMPORTANT: The "machetaDFG" application for REMIT reporting of Fundamental Data on natural gas (reporting by the Market Participant of storage activities) was updated as a result of the application of the ANRE Order no. 161/01.08.2018. Please refer to „machetaDFG
Installation and user Manual”, version 1.0.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaETR_v1.0
- MachetaSTD_v2.2.0
- MachetaNSTD_v2.1.0
- MachetaDFG_v1.0
14.08.2018
REMIT Implementation update
Having regard to the entry into force on August 1, 2018 of the ANRE President's Order no. 161/2018 regarding the modification and completion of the Network Code for the National Gas Transmission System approved by Order no. 16/2013 and specifically, the modification of the definition of Gas Day as follows:
- "Gas Day - starts 07:00 on a calendar day, local time in Romania, and ends at 7:00 the following day, local time in Romania...",
In the particular case of DFG reporting, until the time of developing and testing the related DFG application and updating the user manual, for all reported data affected by this change, OPCOM will apply the new definition of the Gas Day in order to support the market participants to comply with the new regulation. In order to implement this modification, the participants have to upload the fundamental data on gas into the OPCOM reporting system starting with the date of entry into force of the ANRE Order no. 161/2018.
Once the updated DFG application is released via the OPCOM website, market participants will be able to enter themselves the start time of the Gas Day in EET, CET or GMT.
Regarding the reporting of the details of the trading activity on the markets managed by OPCOM, this will be done by OPCOM in accordance with the provisions of the ANRE Order no. 161/2018, which is in force as of 01.08.2018.
09.08.2018
REMIT Implementation update
-
OPCOM published the „AGREEMENT ON DATA ACCESSING AND REPORTING”and the „Addendum to the Agreement on data accessing and reporting”
06.08.2018
The application „machetaETR” for reporting relevant data regarding electrical energy transport contracts concluded on the secondary market has been published. Please refer to „machetaETR
Installation and user Manual”, version 1.0.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaETR_v1.0
- MachetaSTD_v2.2.0
- MachetaNSTD_v2.1.0
- MachetaDFG_v0.1
02.08.2018
REMIT Implementation update
- Considering the requests received, as well as the issues related to the reporting of fundamental data and transportation contracts mentioned in the Second Open Letter on REMIT data quality published by ACER on 19.07.2018, OPCOM announces market participants about the provision of this service for reporting of details of wholesale energy products in relation to the transportation of electricity, respectively the resale and transfer of contracts relating to the transportation of electricity concluded on secondary markets and publishes “AGREEMENT ON DATA REPORTING Tel4 “ .
- OPCOM published the “Addendum to the Agreement on data accesing and reporting “, referring to the provision of additional reporting services for Market Participants. The Addendum shall be signed in Romanian version, the English version being only for informative purposes.
24.07.2018
REMIT Implementation update:
- Please refer to the document “The Second Open Letter on REMIT data quality”, published by ACER on 19.07.2018.
- Please refer to the 13th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 23.07.2018.
- Please refer to the 10th edition of the document “FAQs on REMIT Transaction Reporting”, updated at 20.07.2018 and published by ACER.
- Please refer to the 5th edition of the document “Manual of Procedures (MoP) on transaction data, fundamental data and inside information reporting“, updated at 12.07.2018 and published by ACER.
- Please refer to the Annex VI of the Transaction Reporting User Manual (TRUM), updated at 12.07.2018 and published by ACER.
19.06.2018
IMPORTANT: REMIT Implementation update:
- Regarding the obligation to report the modification of the price for electricity sale / purchase contracts as a result of modification of the component of the tariff for transmission service for injection of electricity into the grid (TG), according to ACER’s view, this modification is not subject to REMIT reporting, therefore ACER does not expect to receive in ARIS this type of life cycle events of a contract. The same opinion was expressed by ANRE, regarding the way of interpreting the modification of bilateral contracts price due to the modification of the value of the transport component as an event resulting from the application of an ANRE order, not being a result of the trading process performed on the organized markets or bilaterally.
Information on these issues is expected to be provided by ACER at the next update of the public document "Questions & Answers on REMIT".
04.06.2018
REMIT Implementation update:
- Please refer to the document “Open Letter on Inside Information disclosure and the use of Inside Information Platforms (IIPs)”, published by ACER on 30.05.2018.
27.04.2018
REMIT Implementation update:
- Please refer to the 12th edition of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 27.04.2018.
16.02.2018
REMIT Implementation update:
- Please refer to the 11th issue of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 16.02.2018.
29.11.2017
The application for standard contracts reporting (machetaSTD) has been updated; this new version allows logical deletion of standard BACKLOADING type contracts previously reported and reporting of standard BACKLOADING type contracts. Please refer to „User Manual - Macheta STD”, version 2.2.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaSTD_v2.2.0
- MachetaNSTD_v2.1.0
- MachetaDFG_v0.1
17.11.2017
ACER calls for stakeholders to participate in the Agency’s REMIT implementation roundtables:
- The Agency invites interested stakeholders to register online if they would like to participate in the roundtable meetings on REMIT implementation during 2018. Find out more here.
16.11.2017
REMIT Implementation update:
- Please refer to the tenth issue of ACER’s REMIT Quarterly (The Latest News on Wholesale Energy Market Integrity and Transparency) from 16.11.2017.
15.11.2017
The application for non-standard contracts reporting (machetaNSTD) has been updated; this new version allows logical deletion of non-standard BACKLOADING type contracts previously reported and reporting of non-standard BACKLOADING type contracts. Please refer to „User Manual - Macheta NSTD”, version 2.1.
- MachetaSTD_v2.1.0
- MachetaNSTD_v2.1.0
- MachetaDFG_v0.1
06.10.2017
REMIT Implementation update:
- ACER lauched on 5 October 2017 a Public Consultation on the revision of electronic formats for transaction data, fundamental data and inside information reporting under REMIT
18.08.2017
The application for non-standard contracts reporting (machetaNSTD) has been updated. The reporting form for non-standard contracts is now available in Romanian and English. Please refer to „User Manual - Macheta NSTD”, version 2.0.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaSTD_v2.1.0
- MachetaNSTD_v2.0.0
- MachetaDFG_v0.1
11.07.2017
REMIT Implementation update
- Please refer to the document FAQs on REMIT Transaction Reporting, updated at 10.07.2017 and published by ACER.
- Please refer to the Annex VI of the Transaction Reporting User Manual (TRUM), updated at 26.06.2017 and published by ACER.
29.06.2017
REMIT Implementation update
- Please refer to the document "Questions & Answers on REMIT 21st Edition", updated at 16.06.2017 and published by ACER.
12.06.2017 – The application for STD contracts reporting (REMIT) has been updated; The application for standard contracts reporting (machetaSTD) has been updated. The reporting form for standard contracts is now available in Romanian and English. Please refer to „Installation and utilization manual for STD contracts reporting form”, version 2.1.
Also from the date of the announcement, please use the following versions of the applications:
- MachetaSTD_v2.1.0
- MachetaNSTD_v1.5.1
- MachetaDFG_v0.1
18.05.2017
REMIT Implementation update
- Please refer to the document “Manual of Procedures (MoP) on transaction data, fundamental data and inside information reporting“, updated at 18.05.2017 and published by ACER.
- Please refer to the document “Frequently Asked Questions (FAQs) on REMIT fundamental data and inside information“, updated at 18.05.2017 and published by ACER.
27.04.2017
REMIT Implementation update
- Please refer to the document “Transaction Reporting User Manual (TRUM)“, 3rd Edition, updated at 26.04.2017 and published by ACER.
- Please refer to the document “FAQs on REMIT Transaction Reporting“, updated at 26.04.2017 and published by ACER.
12.04.2017
REMIT Implementation update
- Please refer to the seventh and to the eighth issue of “ACER’s REMIT Quarterly” (guidance on the application of REMIT and transaction reporting) from 12.04.2017.
20.02.2017
REMIT Implementation update
- Please refer to the document “Open Letter on REMIT transaction reporting data quality”, published by ACER on 16.02.2017.
21.11.2016
REMIT Implementation update
- Please refer to the document, “Frequently Asked Questions (FAQs) on REMIT fundamental data and inside information collection”, 3rd Editon, updated at 15.11.2016 and published by ACER
- Please refer to the document, “Questions & Answers on REMIT, 18th Edition”, updated at 14.11.2016 and published by ACER.
04.11.2016
REMIT Implementation update
- OPCOM published “Addendum to the Agreement on data reporting for the participants not registered on the markets administered by OPCOM”, referring to the changing of identification data of the participant not registered on the markets administered by OPCOM. The Addendum shall be signed in Romanian version, the English version being only for informative purposes.
13.10.2016
REMIT Implementation update
- Please refer to the sixth issue of “ACER’s REMIT Quarterly” (guidance on the application of REMIT and transaction reporting) from 07.10.2016.
26.09.2016
REMIT Implementation update
- Please refer to the document, “FAQs on REMIT fundamental data and inside information”, updated at 26.09.2016 and published by ACER.
24.06.2016
REMIT Implementation update
- Please refer to the document “4th Edition of Guidance on the application of REMIT”, updated at 17.06.2016 and published by ACER.
23.06.2016
REMIT Implementation update
- Please refer to the document, “FAQs on REMIT fundamental data and inside information”, updated at 16.06.2016 and published by ACER.
- Please refer to the document, “Questions & Answers on REMIT, 17th Edition”, updated at 13.06.2016 and published by ACER.
23.05.2016
REMIT Implementation update
- OPCOM published “Agreement on data reporting for the participants not registered on the markets" administered by OPCOM.
13.04.2016
REMIT Implementation update
- OPCOM published “Addendum to the Agreement on data accessing and reporting”, referring to the changing of identification data of the Market Participant. The Addendum shall be signed in Romanian version, the English version being only for informative purposes.
01.04.2016
REMIT Implementation update
- Please refer to the document “FAQs on REMIT fundamental data and inside information”, updated at 01.04.2016 and published by ACER.
24.03.2016
REMIT Implementation update
- Please refer to the document “Questions & Answers on REMIT, 15th Edition”, updated at 24.03.2016 and published by ACER.
- Please refer to the document “FAQs on REMIT Transaction Reporting” updated at 24.03.2016 and published by ACER.
08.03.2016
One month ahead: ACER is ready for 2nd phase of REMIT data collection
On 7 April 2016, the obligation for market participants to report wholesale energy supply contracts executed over-the-counter, transportation contracts and additional fundamental data under the EU Regulation on Wholesale Energy Integrity and Transparency (REMIT) enters into application. This 2nd phase of data collection will complement the Agency’s data collection of wholesale energy market transactions, including orders to trade, executed at organised market places and of fundamental data from the European Networks of Transmission System Operators for electricity and gas that began 7 October 2015. In parallel with its effort to register reporting parties as Registered Reporting Mechanisms (RRMs), the Agency has provided a comprehensive set of guidance on transaction and fundamental data reporting. In addition, the Agency will publish further REMIT Q&As and FAQs on transaction and fundamental data reporting as required. Market participants should therefore be well prepared for the second phase of REMIT.
Alberto Pototschnig, Director of ACER, emphasised that “the second phase completes the reporting of trade and fundamental data to the Agency, thus giving us the full picture of trading in wholesale energy markets in the EU. With this information, the Agency will be able to monitor these markets more effectively, to promote their integrity and transparency”. Find out more here.
18.02.2016
REMIT Implementation update
- Please refer to the document “Questions & Answers on REMIT, 14th Edition”, updated at 16.02.2016 and published by ACER.
- Please refer to the document “FAQs on REMIT Transaction Reporting” updated at 16.02.2016 and published by ACER.
13.01.2016
REMIT Implementation update
- Please refer to the document “Questions & Answers on REMIT, 13th Edition“, updated at 08.01.2016 and published by ACER.
- Please refer to the forth issue of “ACER’s REMIT Quarterly” (guidance on the application of REMIT and transaction reporting) from 08.01.2016.
04.01.2016
REMIT Implementation update
- OPCOM reminds the market participants that have opted for backloading service that the deadline for reporting, according to the ACER info, is 05.01.2016.
18.12.2015
REMIT Implementation update
- We would like to inform you that backloading reporting started, for which purpose all the existing information in folders/upload was gathered today at 14:00. Participants who report after this time will upload only files including contracts that have not already been reported. Starting with Monday, 12/21/2015, these files being uploaded by market participants will be reported in the ARIS system managed by ACER. Considering this, please monitor the folders/reported and check your reported data so that all errors to be indentified and corrected by the reporting deadline.
15.12.2015
REMIT Implementation update
- OPCOM reminds the market participants that have opted for backloading service to provide information required by Form 3b until today, 15th of December. All information provided by 15th of December at the latest will be reported to the ARIS system of the agency.
14.12.2015
REMIT Implementation update
- Please refer to the document published by OPCOM, “Questions & Answers on backloading”, version 2 updated at 14.12.2015.
07.12.2015
REMIT Implementation update
- Please refer to the document published by OPCOM, “Questions & Answers on backloading”, version 1 updated at 07.12.2015.
03.12.2015
REMIT Implementation update
- According to the provisions of the Agreement on data accessing and reporting, OPCOM informs about the content of the Form 3b
Relevant Data and Means of Communication of Relevant Data by the Market Participant.
The template, filling instructions (including examples) as well as means of providing the relevant data by the Market Participant shall be communicated by email at the addresses stated by the Market Participant in the Annex no. 2 of the Agreement on data accessing and reporting. - Please refer to the document,“Questions & Answers on REMIT”, 12th Edition, updated at 30.11.2015 and published by ACER.
05.10.2015
REMIT Implementation update
- Please refer to the document,“Questions & Answers on REMIT”, 10th Edition, updated at 30.09.2015 and published by ACER.
- Please refer to the second issue of “ACER’s REMIT Quarterly” (guidance on the application of REMIT and transaction reporting) from 30/09/2015.
REMIT Implementation update
- On ANRE website was published “Informare REMIT
inregistrare participanti Registru national”
Example of xml file for REMIT reporting by RRM
- File example made available to the market participant by OPCOM for the provision of the Data Accessing Services of the participants registered on the markets administered by OPCOM. A file will be generated daily for each market.
17.09.2015
Instructions for accessing the Reporting System of RRM Opcom
- OPCOM publishes guide for accessing the Reporting System of RRM Opcom “Instructions for accessing the Reporting System of RRM Opcom”
10.09.2015
REMIT Implementation update:
- OPCOM published the version of “Agreement on data accessing and reporting” in order to initiate the signing process by market participants
07.09.2015
REMIT Implementation update:
- OPCOM published “Agreement for data access and reporting”
- Please refer to the document “Questions & Answers on REMIT”, 9th Edition, updated at 31.08.2015 and published by ACER.
04.08.2015
REMIT Implementation update:
- Please refer to the document “Questions & Answers on REMIT”, 8th Edition, updated at 31.07.2015 and published by ACER.
03.08.2015
- REMIT Workshop organized on 04.08.2015 - Schedule
29.07.2015
- REMIT Workshop organised on 04.08.2015. Following this date, REMIT Workshops will be organized depending on the achieving of an adequate number of meeting requests. The topics are the same with those of the workshop organized by OPCOM between 21-28.07.2015.
28.07.2015
- REMIT Workshop, July 2015
Presentation and Attendees
27.07.2015
- OPCOM was approved as Registered Reporting Mechanism (RRM) by ACER
23.07.2015
- REMIT Workshop - Schedule (updated during 21-28.07.2015)
16.07.2015
09.07.2015- REMIT Workshop starting with 20.07.2015.
REMIT Implementation update:
- Please refer to the document “3rd Edition of Guidance on the application of REMIT”, updated at 3.06.2015 and published by ACER.
- Please refer to the document “Questions & Answers on REMIT”, 7th Edition, updated at 30.06.2015 and published by ACER.
- Please refer to the second issue of ACER’s REMIT Quarterly (guidance on the application of REMIT and transaction reporting) from 30/06/2015
19.06.2015
REMIT Implementation update
- Please refer to the List of RRM pre-registered by ACER, updated at 19.06.2015
31.03.2015
REMIT Implementation update
- Please refer to the first issue of ACER’s REMIT Quarterly (guidance on the application of REMIT and transaction reporting) from 31/03/2015.
17.03.2015
REMIT Implementation update
- Please refer to the latest updated List of Organised Market Places from 13/03/2015.
- Please refer to the List of Standard Contracts published by ACER on 17/03/2015.
13.02.2015
REMIT implementation update
In order to facilitate reporting under REMIT, ACER has drawn up a list of Organised Market Places (OMP). The latest version was published on ACER website on 21/01/2015 and includes, among other European OMPs, Romanian gas and electricity market operator, OPCOM S.A.
The list of OMPs is intended for market participants to identify organised market places as reporting channels for transaction reporting.
As mentioned on ACER website, the list will also facilitate organised market places’ submission of identifying reference data for each wholesale energy product, which the organised market places admit to trading, in order to assist the Agency to comply with its obligation to draw up and maintain a public list of standard contracts." A List of Standard Contracts admitted to trading at Organised Market Places will be published by ACER for the first time 17 March 2015.
Considering this, OPCOM is drawing up identifying reference data for each energy product admitted to trading at OPCOM.
Pursuant to the Implementing Regulation (EU) No 1348/2014, OPCOM has also started the registration as RRM - Registered Reporting Mechanism on 19 January 2015. As member of 1st and 2nd phases of the REMIT Pilot Project, OPCOM has cooperated with ACER during 2013 and 2014 regarding data collection under REMIT and it is committed to continuing to strengthen this cooperation as RRM.
OPCOM created a dedicated e-mail address for all purposes of REMIT implementation: remit@opcom.ro.
- More information about Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT) and its implementing acts provided in Commission Implementing Regulation (EU) No 1348/2014 (REMIT Implementing Regulation) could be found on ACER REMIT Portal https://www.acer-remit.eu/portal/home that has been successfully launched on 8th January 2015.
- On ANRE website was published Order 01/2015 regarding the National Register of Market Participants and the approval of the Market participants’ Registration Procedure
09.01.2015
• REMIT, Regulation (EU) No. 1227/2011
REMIT is Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency. The Regulation was published on 8 December 2011 in the Official Journal of the European Union and entered into force 20 days following the publication, i.e. on 28 December 2011.
- Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency
• Implementing REMIT
On 17th December 2014 the European Commission adopted the Commission Implementing Regulation (EU) No 1348/2014 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. Subsequently, on 18th December 2014 the Regulation was published in the Official Journal of the European Union and entered into force 20 days after publication, i.e. on 7th January 2015. The Regulation will trigger additional obligations for the market participants, among others the obligation to report details of wholesale energy products executed or organised market places, including standard contracts and orders to trade, matched and unmatched to the Agency for the Cooperation of Energy Regulators (ACER). The obligation to report data admitted to trading at Organised Market Places will be in force as from 7th October 2015 while the obligation to report non-standard wholesale energy contracts will be in force as from 7th April 2016.
- COMMISSION IMPLEMENTING REGULATION (EU) 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
In order to facilitate reporting, the Agency has drawn up a list of organised market places which the Agency will keep up to date. The list will enable market participants to identify relevant organised market places as reporting channels for transaction reporting.
Market participants that enter into transactions which need to be reported to the Agency, shall register with the National Regulatory Authority (NRA) in the Member State in which they are established or resident or, if they are not established or resident in the Union, in a Member State in which they are active. A market participant shall register only with one NRA.
NRAs shall transmit the information in their national registers to the Agency. Based on that information, the Agency establishes a European register of market participants which may be made public fully or partly.
The publishing of the European register of market participants improves the transparency of wholesale energy markets. It also makes it possible for market participants to access information that they need in order to complete their registration, and to comply with their obligations under REMIT.
The first publication of the European Register of Market Participants will take place on 17 March 2015 and it will be updated on a regular basis.
ANRE has launched a public consultation on ORDER No. from _ _ regarding the National Register of Market Participants and the approval of the Market participants’ Registration Procedure