ACER-REMIT

ACER REMIT energy markets EDI standard detailed.

Definition

ACER REMIT (Regulation on wholesale Energy Market Integrity + Transparency, EU Regulation 1227/2011 published October 2011) is the EU regulation foundational for transparency + integrity supervision of EU wholesale electricity + gas markets, enforced by ACER (Agency for the Cooperation of Energy Regulators, Ljubljana Slovenia) + national regulators (CRE France + Bundesnetzagentur Germany + AEEGSI Italy + Ofgem UK + multiple) imposing Market Participants reporting trades transactions + orders + insider information + fundamentals data via ACER REMIT Information System ARIS, ~9000+ Registered Market Participants 2024 + different data types Tables 1+2+3+4. Message protocols + data models EDIFACT subsets or XML alternative standardisation + business processes energy markets industry gas + electricity + multiple actors transmission system operators TSO + distribution system operators DSO + suppliers + traders + customers + regulators ; iterative versions revisions multiple updates 2000s+ continuing 2024 + alignment EU energy market directives regulations + national level implementations.

Origin

EU Regulation 1227/2011 REMIT published October 2011 ; ACER REMIT Information System ARIS operational since 2015 ; ~9000+ Registered Market Participants 2024.

Example in context

EDF France electricity trader trades 500 MWh electricity contract on EPEX SPOT exchange + 200 MWh OTC bilateral contract: EDF reports both trades to ACER REMIT via approved Registered Reporting Mechanism RRM (Trayport platform commonly used) within T+1 business days ; ACER analyzes patterns for market manipulation + insider trading detection + reports findings to national regulators.

Related terms

• ENTSO-E Networks v2 — complementary transparency.