On 4 January 2021, Ofgem issued a direction stating that under Article 9(1A) of the onshored Regulation on wholesale energy market integrity and transparency (REMIT), as amended, until further notice, the obligation to register with it does not apply to wholesale energy market participants that are already registered with the Northern Ireland Authority or with a national regulatory authority of an EU Member State under the Regulation as it applies in EU law. The direction is consistent with the position Ofgem explained in its ‘No-deal EU exit REMIT contingency arrangements’ letters of 4 December 2018, 1 March 2019 and 13 October 2020 respectively.

Ofgem has also published:

  • REMIT Registration User Guide. The guide is intended to support market participants during the registration process. The guide has been updated following the UK’s departure from the EU and replaces the REMIT Registration User Guide published by Ofgem on 18 March 2015.
  • REMIT Registration Form. The form should be completed by market participants required to register with Ofgem under REMIT as amended, or by market participants already registered with Ofgem who require to amend their registration details.