REMIT inside information: ACER publishes open letter

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In its current open letter, ACER takes a position on the publication of inside information. With the letter, ACER seeks to provide clarity for market participants so that they can set priorities in the implementation of Regulation (EU) No. 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT).

In the open letter, ACER comments on the following items:

  • No deadline extension beyond 1 January 2021 for the disclosure of inside information via an inside information platform (IIP)
  • Reports via IIP are effective if the reporting inside information platform (IIP) has successfully passed the first phase of the ACER Assessment.
  • Market participants are to use the back-up solution of the IIP if the IIP is not available. Until 31 December 2021, market participants can temporarily report inside information on their own company website if the IIP is not available.
  • New validation rules for transport contracts and registration of market participants

Detailed explanations on these points can be found in the open letter from ACER, which you can download from the ACER website.

Are you a market participant that would like to report your inside information efficiently and effectively? In cooperation with EEX, Seven2one has developed a convenient reporting service. You can find more information on the EEX Inside Information Messenger at www.remit-reporting.com.

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