24 Jul 2012
GME: Public consultation on REMIT compliance


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:      
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.

Download the consultation document


Gestore dei Mercati Energetici S.p.A.
Sole Shareholder: Gestore dei Servizi Energetici - GSE S.p.A., as per art. 5, Legislative Decree 79/99
Company subject to the management and coordination of Gestore dei Servizi Energetici – GSE S.p.A.
Share Capital: € 7,500,000.00 fully paid up
Registered Office - Viale Maresciallo Pilsudski, 122/124, 00197 Rome +39-06-80121, fax no. +39-06-80124524, email:
Rome Companies' Register, VAT and Taxpayer's Code: 06208031002 Rome Economic and Administrative Index: 953866