REMIT reporting approaches...
- Category: REMIT
So, given that the final TRUM is already adopted and published, the key point for any engaged in energy trading is now to establish whether:
(1) the trading platform at issue qualifies as an "organised market place", and
(2) the contract at issue is a "standard contract" or a "non-standard" one.
While the former determination looks like not so difficult (but, sometimes, surprising), the latter appears quite a complex task.
Finally, the identification of "non-standard contracts specifying at least an outright volume and price" (for which specific reporting rules apply) is really a puzzle!
European Commission Regulation 543/2013 - generation units' and production units' terminology complexities
- Category: Energy market
Two power plants of identical overall capacity of 120 MW each have divergent transparency obligations, depending on the capacity of their electricity generators.
REMIT registration: the separation of roles "Head of Trading" and "Head of Operations"
- Category: Energy market
For market participants with physical assets, "person responsible for operational decisions" should be "the person who is responsible for decisions relating to the running of these assets". And for market participants who don't possess such assets?
Clearing Thresholds Compliance Check - ready for verification?
- Category: EMIR
Try our EMIR Clearing Thresholds Compliance Check!
Intragroup brokers - need to bother for REMIT reporting?
- Category: REMIT
Do the intragroup brokers qualify as organised market places for REMIT reporting purposes and what are potential consequences?
REMIT reporting rules settled
- Category: REMIT
REMIT Implementing Regulation specifying responsibilities' allocation for power and gas transactions' and orders' reporting has gone through the comitology procedure and awaits for adoption by the European Commission.
Emissions-EUETS.com has looked into details of the new reporting scheme.
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