Acer’s new reporting rule kicks in on October 7, 2015 but is the market ready for the new requirements?
With less than a month to go until the
Agency for Cooperation of Energy Regulators’
(Acer) new rule comes into force, FOW asked whether the market
is ready for the impending changes; it seems that September
will be a bumper month.
From October 7, under Acer’s
Regulation on Wholesale Energy Market Integrity, more
affectionately known as Remit, market participants will be
required to report their standard power and gas trades to the
regulator via a registered reporting mechanism (RRM), with the
reporting of more complex over-the-counter trades to follow six
Disregarding the plethora of acronyms, the
regulator has been making waves in the lead-up to
implementation, and there have been some encouraging signals
from the market.
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