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 Act
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 (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.
- 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.
The TRUM was published for the first time on 8 January 2015 upon entry into force of REMIT Implementing Act.
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. Subsequent updates are published quite often.