Energy firms face Remit "nightmare", conference told
Companies may struggle to monitor trading data being sent to Acer on their behalf, said panellists at Energy Risk Summit Europe
Energy companies face a new trade reporting "nightmare", as a key deadline looms for compliance with the European Union Regulation on Wholesale Energy Market Integrity and Transparency (Remit), attendees at the annual Energy Risk Summit Europe conference in London heard on June 24.
Under Remit, both trades and orders to trade in wholesale energy markets must be reported to entities called registered reporting mechanisms (RRMs), from where they will be accessible to the Agency for the Cooperation
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