III.3.30.

III.3.30.

Should gas storage  nominations be reported as trades?


Answer: With the entry into force of Regulation (EU) 2024/110628 (Regulation amending REMIT) on 7 May 2024, storage contracts and related derivatives are considered as wholesale energy products and reportable under REMIT. However, details for the reporting of storage contracts and related derivatives are currently not included in the Commission Implementing Regulation (EU) No 1348/2014 (REMIT Implementing Regulation), these details must thus be included in the REMIT Implementing Regulation before the reporting can commence.

The reporting of storage as fundamental data on the basis of Article 9 of the REMIT Implementing Regulation will continue until the REMIT Implementing Regulation has been revised.

Updated: 
12/03/2025