On 29 July 2021, the EU Agency for the Cooperation of Energy Regulators (ACER) published the 25th edition of its Questions and Answers on the Regulation on wholesale energy market integrity and transparency (REMIT).
The 25th edition of the Q&As on REMIT provides the following new Q&As:
- 3.9 – Under which conditions Citizens Energy Communities (CECs) defined in Article 2(11) of Directive 2019/944 are considered as REMIT market participants?
- 3.48 – According to REMIT, shall natural gas storage contracts (other than “Virtual gas storage” ones) determining a volume, a price and a contractually agreed period by the end of which a returning obligation of the contracted volume is activated, be reported to the Agency?
The 25th edition of the Q&As on REMIT also provides an updated version of the following Q&As:
- 4.38 – During the market participant’s registration process with the national regulatory authority, by mistake, a company has flagged the box in Section 5 of the registration form indicating that ‘I intend to become a reporting entity’. However, the company does not want to register as an RMM. How can this mistake be corrected?
- 4.53 – A gas production facility with a production capacity higher than 20 MW is owned by different shareholders. Each of the shareholders holds a net capacity of less than 20 MW, based on their individual share interests. Each partner in the facility has individual gas sale agreements with third parties. Are these contracts reportable at the request of the Agency pursuant to Article 4(1)(c) of Commission Implementing Regulation (EU) No 1348/2014?