ENTSOG Annual Report 2016

REMIT ACTIVITIES

REGULATION ON ENERGY MARKET INTEGRITY AND TRANSPARENCY (REMIT)

Regulation (EU) No 1227/2011 (REMIT) establishes rules prohibiting abusive practices affecting wholesale energy markets and providing more transparency regarding price- relevant (inside) information. It provides for the monitoring of wholesale energy markets by the Agency for the Cooper- ation of Energy Regulators (ACER) in close collaboration with national regulatory authorities. The goal of REMIT, through strong cross-border market monitoring, is to detect

and avoid market manipulations and to facilitate the com- pletion of a fully functioning, interconnected and integrated internal energy market. Commission Implementing Regulation (EU) No 1348/2014 stipulates the information that shall be reported and defines the rules to be followed by the market participants with re- gards to their REMIT reporting to ACER.

ENTSOG’s Activities as RRM

As to the data reporting performed by ENTSOG on behalf of gas TSOs, ENTSOG provides the following information to its members: \\ Segregated access (per TSO) to report files submitted to ACER Reporting Information System for Applying REMIT (ARIS)

Since 2015, ENTSOG has been a REGISTERED REPORT- ING MECHANISM (RRM). On behalf of gas TSOs, ENTSOG reports fundamental data to ACER with regards to the ca- pacity and use of facilities for the transmission of natural gas, including planned and unplanned unavailability of these facilities, as defined in Article 9(1) of Commission Im- plementing Regulation (EU) No 1348/2014. The ENTSOG reporting system was developed according to the provisions of Commission Implementing Regulation (EU) No 1348/2014 and other supportive documentation issued by the Agency with regard to REMIT. Since 7 Octo- ber 2015, ENTSOG has been reporting the following set of aggregated fundamental data to ACER, for each TSO that is publishing data on the ENTSOG Transparency Platform:

\\ Segregated access (per TSO) to return receipts re- ceived by ENTSOG Reporting system from ARIS

\\ Daily report (per TSO) on the status of files reported to ACER

As part of the REMIT Reporting process, ENTSOG is responsible for the following:

\\ Aggregated day-ahead nominations

\\ Available interruptible capacity

\\ Submitting data to ARIS

\\ Aggregated final re-nominations

\\ Contracted interruptible capacity

\\ Rectifying and (re)submitting data in case of technical reporting issues between ENTSOG and ARIS

\\ Actual physical flow

\\ Planned interruption of interruptible capacity

The TSOs are responsible for carrying out the following:

\\ Technical capacity

\\ Actual interruption of interruptible capacity

\\ Performing complete, high-quality and timely data publications on ENTSOG Transparency Platform

\\ Available firm capacity

\\ Contracted firm capacity

\\ Planned interruption to firm capacity

\\ Monitoring information provided by ENTSOG on data reported on TSOs’ behalf to ARIS

\\ Total interruptible capacity

\\ Unplanned interruption to firm capacity

\\ If ACER rejects TSO REMIT data due to content / functional reasons, the respective TSO shall resend the relevant information to the ENTSOG Transparency Platform. It will then be transmitted to ACER through the ENTSOG Reporting System

ENTSOG submits the required information to ACER as it was received on the Transparency Platform.

ENTSOG Annual Report 2016 |

37

Made with