ACER updates its Q&As on REMIT
What is it about?
The EU Agency for the Cooperation of Energy Regulators (ACER) has published the 28th edition of the Questions & Answers (Q&As) on REMIT (Regulation on Wholesale Energy Market Integrity and Transparency). This edition includes new reporting guidance on:
battery storage contracts (Q&A III.3.51);
electric vehicle charging stations (Q&A III.3.52);
reliability options contracts (Q&A III.3.53); and
metering data-based nominations (Q&A III.4.7).
The updated Q&As also clarify the reporting of external factors affecting the production of a unit (Q&A III.7.16) and the qualification of inside information for non-EU facilities (Q&A III.7.24).
Additionally, the updated Q&As on REMIT recall that as of 1 January 2023 the disclosure of inside information is expected to take place exclusively through Inside Information Platforms, meaning that market participants will no longer be able to use their corporate websites for that purpose either as a primary or backup solution. ACER’s REMIT Portal provides a list of available Inside Information Platforms that comply with the minimum quality requirements for effective disclosure of inside information, as per the ACER Guidance, and ensure that inside information is disclosed to as wide a public as possible on a non-discriminatory basis.Moreover, the market participants may consider the use of Inside Information Platforms and Transparency platforms as effective backup solutions.
Find out more here.
 For more information on the use of Inside Information Platforms and the development of minimum quality requirements for effective disclosure of inside information, see ACER Guidance on the application of REMIT, p 44 et seq.