ACER unveils outcomes from its roundtable meetings on REMIT data reporting
What is it about?
ACER published today the minutes from its 2023 REMIT Roundtables.
On 15 and 16 November 2023, ACER hosted a series of Roundtable meetings on REMIT data reporting and transparency within wholesale energy markets. Joint and individual sessions took place, bringing together a diverse group of ACER’s stakeholders, including representatives from Associations of Energy Market Participants (AEMPs), Organised Market Places (OMPs), and Registered Reporting Mechanisms (RRMs).
What were the main discussion points?
- Ongoing REMIT activities: emphasis was placed on the continuous improvement in REMIT data quality and the exponential growth of data received. Strategies for addressing related challenges and enhancement measures were also discussed.
- Consultation on the REMIT transaction reporting guidance: this year's consultation addressed the updated transaction reporting guidance, focusing on clarifying the reporting of specific transactions and the introduction of a new Annex to the Transaction Reporting User Manual (TRUM) on the reporting of LNG supply contracts.
- Revision of the REMIT data reporting framework: the discussion around this forward-looking topic focused on aligning regulatory practices with the evolving landscape of the energy market.
For more details on the topics that were discussed, check out the minutes of each Roundtable meeting:
Associations of Energy Market Participants (AEMPs).
Organised Market Places (OMPs).
Registered Reporting Mechanisms (RRMs).