REMIT

Storage operators and market participants who use the gas storage services are under Regulation No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (REMIT) and European Commission implementing regulation No 1348/2014 (REMIT) obliged to report data regarding the gas stock in the storage facility.

Service 01

Main benefit

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Benefits

Outsourcing of obligatory storage reporting

No fees
reporting is provided free of charge

Confirmation send to selected e-mail addresses on a daily basis

REMIT

What is REMIT?

Storage operators and market participants who use the gas storage services are under Regulation No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (REMIT) and European Commission implementing regulation No 1348/2014 (REMIT) obliged to report data regarding the gas stock in the storage facility.

What data and how to report?

We provide data to ACER (Agency for the Cooperation of Energy Regulators) for its virtual gas storage (gas stock amount, available storage capacity, etc.) on 7th April 2016  and is also ready to report data on behalf of its customers as market participants with respect to Article 9(9) of Commission Implementing Regulation (EU). All data is sent via GIE (Gas Infrastructure Europe - association representing the infrastructure industry in the natural gas business). Any data or information reported to GIE will be used by GIE exclusively for the purposes they are intended for and will not be used for any other purposes. Furthermore, the information will be transmitted using methods which ensure protection against third-party access.

Who is the service for?

This service is intended for customers who has concluded a contract for firm storage capacity. This service is offered as part of the gas storage services for free (with no additional fee) and the only condition is the signing of the Contract to Provide Collaboration in Fulfilling Reporting Obligation - the contract sample is to find here.

If you are interested in this service or if you have any questions please contact us.

Advantages

  • Outsourcing of obligatory storage reporting

  • No fees

  • Report confirmation sent to customers on daily basis