Nord Pool Spot, Europe’s leading power market, is pleased to announce it is among the first five organisations to be accepted as a Registered Reporting Mechanism (RRM) with ACER to provide official reporting of wholesale market transactions and associated data under REMIT*.
Nord Pool Spot will now offer all market participants, whether they are Nord Pool Spot customers or not, a professional end-to-end service that ensures REMIT obligations are delivered in an efficient, secure and simple manner.
This new service allows any market participant to report transactions (including orders to trade) relating to standard and non-standard contracts. It can be used to report all trades at the Nord Pool Spot/N2EX markets and at any other Organised Market Place (power exchange) or outside organised market place (for OTC contracts).
Market participants can subscribe to Nord Pool Spot REMIT reporting services now, using our simple online sign-up form: http://www.nordpoolspot.com/services/remit/
About Nord Pool Spot
Nord Pool Spot operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool Spot’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2014 the group had a total turnover of 501 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Copenhagen, Tallinn and London. Nord Pool Spot strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.
Lysaker, 27 July 2015
For further information, please email:
*REMIT - Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency.