As is known, Regulation EU No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency (hereafter “REMIT”) requires parties trading in wholesale energy markets (hereafter “market participants”) to report contracts concluded in both regulated and over-the-counter (OTC) markets.

Also in the light of the recent ACER Discussion Paper concerning the disclosure of inside information through platforms, GME has prepared this consultation document on the matter.

The consultation has the purpose of testing the interest of the parties covered by REMIT in:

-       having a centralised platform in Italy, organised and managed by GME, on which they may comply with their obligations pursuant to article 4 of REMIT;

-       relying on GME to report data to ACER, as per article 8 of REMIT.

 

Therefore, this document proposes procedures through which GME may contribute to and support market participants in complying with the above-mentioned reporting obligations.

 

Interested parties are invited to send in their comments on the operational procedures described in this document and, in particular, their answers to Questions from 1 to 12.

 

Comments must be sent to GME’s Legal and Regulatory Office (”Unità Legale e Regolazione”) in writing by 15 September at the latest (end date of the consultation) in one of the following ways:

 

 

by e-mail to: info@mercatoelettrico.org      

by fax to: +39-06-80124524

by mail to:       Gestore dei mercati energetici S.p.A.

Largo Giuseppe Tartini, 3/4

00198 - Roma

 

If you want us to keep all or part of your comments confidential, please specify which parts of your comments are to be kept confidential.