European Energy Exchange (EEX) and EPEX SPOT have been approved as pre-registered reporting mechanisms (RRMs) by the Agency for the Cooperation of Energy Regulators (ACER). The authorisation as an RRM is a prerequisite for offering data reporting services in the context of the Regulation on Market Integrity and Transparency (REMIT). ACER published the list of RRMs on 3 June 2015.
From 7 October onwards, all orders submitted to and transactions concluded on an Organised Market Place such as the exchanges of EEX Group will have to be reported to ACER. EEX, EPEX SPOT, Gaspoint Nordic and Powernext – all members of EEX Group – will support trading participants in fulfilling these obligations by providing data reporting services.
With this step, EEX Group contributes to transparency of the energy wholesale market while keeping complexity low. Gaspoint Nordic and Powernext will use the RRM of EEX which facilitates reporting for market participants.