PC_2024_R_01 - Public consultation on the revision of the Annex of the REMIT Implementing Regulation

On 7 May 2024, the revised REMIT Regulation (Regulation on Wholesale Energy Market Integrity and Transparency) came into force. As part of this update, the European Commission was tasked to revise the REMIT Implementing Regulation to define new data reporting requirements by 8 May 2025. To aid this revision and inform the Commission’s decision process, ACER is launching a public consultation from today until 6 September 2024.

What is the Annex of the REMIT Implementing Regulation?

The Annex is part of the Implementing Regulation, which aims to ensure uniform implementation of the legislation across all EU Member States.

It is divided into four tables, each specifying the data reporting obligations for:

• Standard contracts for electricity and gas supply (Table 1);
• Non-standard contracts for electricity and gas supply (Table 2);
• Contracts related to electricity transportation (Table 3);
• Contracts related to gas transportation (Table 4).

Since the introduction of the first REMIT Regulation in 2011, the EU wholesale energy market has undergone significant changes and also witnessed an energy crisis. To enhance protection against market manipulation and to ensure effective market surveillance, amending REMIT has been crucial. The revised REMIT (2024) brought significant changes to data reporting obligations.

Following this revision, ACER has received numerous queries from stakeholders seeking clarification on specific aspects of the REMIT Implementing Regulation, particularly concerning its Annex, which outlines the types of information to be reported to ACER.

To address this topic, ACER is launching a public consultation to gather stakeholders’ input on its proposal on data collection.

Access the survey and provide your input.

Privacy statement.

The public consultation will run from 28 June 2024 until 6 September 2024.

Based on the feedback received, ACER aims to publish an Evaluation Report by mid-October 2024.