ENTSOG Annual Report 2016

TSOs’ Implementation of REMIT

In order to facilitate the TSOs’ REMIT implementation processes, ENTSOG has established the following:

Commission Implementing Regulation (EU) No 1348/2014 stipulates that gas TSOs shall report the following disaggre- gated information per market participant to ACER: \\ Transaction data: natural gas transportation contracts within the Union between two or more locations or bidding zones, concluded as a result of a primary explicit capacity allocation by or on behalf of the TSO, specifying physical or financial capacity rights or obligations \\ Fundamental data: day-ahead nominations, final re- nominations of booked capacities, specifying the iden- tity of the market participants involved, and the allo- cated quantities.

\\ Regular REMIT panels during monthly Transparency Working Group Meetings

\\ An ad-hoc TSO REMIT Implementation group, which was formalised into an official stakeholder group for biweekly discussion sessions between the ENTSOG Transparency Team, TSOs and ACER REMIT Team. The aim is to provide clarity on various technical and policy questions, guide TSOs through RRM registra- tion, and resolve issues related to data reporting during 2016, ENTSOG Transparency Team and Transparency Working Group participated in the following events:

The TSOs reporting obligations under REMIT commenced 7 April 2016.

\\ ACER REMIT Expert Group meeting

\\ ACER RRM User Group meetings

\\ ACER Roundtable for inside information disclosure

\\ ACER Associations Energy Market Participants Roundtables

\\ ACER ENTSOG stakeholder webinars

\\ ACER public consultation on Functioning and Usefulness of EREMP

\\ ACER survey for RRMs on the REMIT schemas, including the schema for the Disclosure of Inside Information

ACTIVITIES FOR TARIFF NETWORK CODE PREPARATIONS

The Transparency Area has been following the development of the Tariff Network Code (TAR NC) closely through dedi- cated updates from the Transparency working group meet- ings. After receiving a positive opinion on the network code in September 2016, ENTSOG decided to establish a joint

taskforce between the Transparency and Tariff working groups to facilitate the implementation of the transparency requirements laid out in TAR NC. The taskforce will remain active until the tariff data publication requirements have been fully implemented.

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ENTSOG Annual Report 2016