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Frequently Asked Questions (‘FAQs’) on REMIT fundamental data and inside information collection

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FAQs on fundamental data and inside information – Introduction

This frequently asked questions document (hereafter referred to as ‘FAQ document’) contains questions received concerning the collection of inside information and fundamental data. The FAQ document contains questions received in relation to the Manual of Procedures (MoP) on data reporting under REMIT. The Manual assists reporting entities to provide transactions, fundamental data and inside information to the Agency under Regulation (EU) No 1227/2011 (REMIT) and Commission Implementing Regulation (EU) No 1348/2014.

The purpose of the FAQ document is to provide clarifications and to raise transparency on the uniform rules for the collection of fundamental data and inside information.

The FAQ document is separated into two main parts that include frequently asked questions and answers related to the collection of fundamental data and inside information. This document is directed to the public, but in no way provides a legal interpretation of REMIT and it does not by any means substitute the MoP on data reporting under REMIT, Commission Implementing Regulation (EU) No 1348/2014 or REMIT itself.

The questions have been received from stakeholders via roundtables organised by the Agency and via the REMIT Query form.

The answers included in this FAQ document have been drafted by the Agency and have been previously discussed with stakeholders on roundtable meetings organised by the Agency. The Agency will update this FAQ document on a regular basis.

Market participants have to bear in mind that they have to comply with the obligations and the prohibitions established in REMIT. All REMIT related documents are published at the REMIT Portal: https://www.acer-remit.eu/portal/public-documentation

 

Disclaimer:

The questions contained in this FAQ document are genuine stakeholder questions raised with the Agency. The review of the questions carried out by the Agency has been strictly focused on their anonymization with the aim of eliminating references made to company names, products or any other items that could be clearly linking to the sender of the question.

 

FAQs on fundamental data and inside information – Question II.2.1.1

According to the MOP Version 3 of 30 September, you require the market participants in the data fields 11 “schedule_Time_Period.timeInterval start” and 12 “schedule_time_Period.timeInternal end” to report the beginning and end of their nomination schedule period in UTC time standard.

But regarding the daylight savings time issue: Can electricity TSOs report their nomination schedule period during the summer as <date1-1>t:22:00Z to <date2-1>T22:00Z and during the winter <date1-2>T23:00Z to <date2-1>T23:00Z?


Answer:

On the basis of the IEC ENTSO-E standards, which deal natively with daylight savings, 23 time periods should be reported during the daylight savings time and 25 time periods in winter time. Same applies for nomination schedules: 23 time periods during the daylight savings time and 25 time periods in winter time.

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FAQs on fundamental data and inside information – Question II.3.1.1

As from 1 October 2015, with the entry into force of the CAM NC, shippers now submit Double Sided and Single Sided nominations to initiating and matching TSOs. When the initiating and matching TSOs report the fundamental information at the Interconnection Points which TSO should report the Single Side Nomination and allocation information – the initiating TSO, the matching TSO or both TSOs?

We have an understanding that the spirit of REMIT is to avoid double reporting which would be the case with regards Single Side Nominations and related allocations.

In the Edigas REMIT Reporting Process v5.1 chapter 4 ‘Nominations Monitoring Process’, in section 4.1.6 ‘Rules Governing the Shipper_Account Class’ it contains the following data fields:

a- Internal_marketparticipant.identification

b- Internalaccount

c- Internalaccounttso

d- Externalacccount

e- Externalaccounttso

The Internal_marketparticipant.identification, internalAccount and ExternalAccount will all be identical in case of a Single Side Nomination.

If the matching TSO reporting their data populates the InternalAccountTSO with the EIC of the initiating TSO this would mean duplication of reporting as the Initiating TSO would provide identical details when reporting the same Single Side Nomination.


Answer:

In the Agency’s view a single side nomination report should be submitted. It is up to the TSOs to agree on who does the reporting and one TSO can report a single side nomination. If the TSOs cannot agree, both TSOs should report nominations separately.

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FAQs on fundamental data and inside information – Question II.3.1.2

According to Article 9 (2) (a) of Implementing Regulation (EU) No. 1348/2014, nominations and re-nominations have to be reported with regards to:

(a) all interconnection points,

(b) entry points of production facilities including of upstream pipelines,

(c) for exit points connected to a single customer,

(d) entry and exit points to and from storage,

(e) for LNG facilities,

(f) for physical and virtual hubs.

Which points shall be considered as interconnection points for the purpose of TSO REMIT reporting of fundamental data?


Answer:

The Agency’s current understanding is that only cross-border interconnection points and connection points between adjacent balancing zones shall be considered as interconnection point and as such to fall into the scope of TSO REMIT reporting of fundamental data according to Art. 9 (9) (a) of Implementing Regulation (EU) No 1348/2014.

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FAQs on fundamental data and inside information – Question II.3.1.3

What is the applicable deadline for reporting gas nominations?


Answer:

In the Agency view’s, gas fundamental data usually refers to a gas day running from 6:00 am of one day to 6:00 am of the following day. The information provision deadline of Article 9(2) of Implementing Regulation (EU) No 1348/2014 refers to the working day following the end of the gas day. Therefore, for example, for the gas day 01.10.2015- 06:00 to 02.10.2015-06:00 the fundamental data is reportable no later than the end of the following working day i.e. by the end of 03.10.2015.

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FAQs on fundamental data and inside information – Question II.3.1.4

Final re-nominations for Interconnection Points, required by Article 9.2 (a) from Regulation (EU) No 1348/2014. There are different ways to interpret “Final re-nominations”. TSOs can use the last processed quantity of a nomination or the original nominations, without any processing in the TSO-system. Which value should be sent to ACER?


Answer:

In the Agency’s view the last re-nomination sent by the shipper to the TSO shall be submitted to the Agency as “Final Re-nomination for Interconnection Points” required by Article 9 (2) (a) of Implementing Regulation (EU) No 1348/2014.

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FAQs on fundamental data and inside information – Question II.3.1.5

According to Edig@s MIG for the Nomination and Contract Market Monitoring schema in the field RECIPIENT_MARKETPARTICIPANT.IDENTIFICATION the RRMs shall point the EIC code of the Report recipient, i.e. ACER EIC code.

Would you please point the ACER EIC that shall be included in the field RECIPIENT_MARKETPARTICIPANT.IDENTIFICATION of Nomination Monitoring schema and Contract Market Monitoring schema?


Answer:

ACER’s EIC code is “10X1001B1001B61Q” and it is available in the latest version of the Manual of Procedure (MoP) on data reporting. Please see page 44 and 54 of the MoP.

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FAQs on fundamental data and inside information – Question II.3.1.6

There are different ways to interpret “Day-ahead nominations”. Because a Network User can amend the nomination until the initial nomination deadline there might be many nominations submitted by the Network User. The last received nomination before the nomination deadline is taken into account by the TSO for the scheduling of the gas flow.

Which nomination should be reported?


Answer:

In the Agency’s view the last nomination before the initial nomination deadline sent by the shipper shall be submitted to the Agency as “Day-ahead nomination” required by Article 9 (2) of Implementing Regulation (EU) No 1348/2014.

RSS_Icon Last update: 31/03/2016  

FAQs on fundamental data and inside information – Question II.3.1.7

According to Article 9 (2) of Implementing Regulation (EU) No 1348/2014, allocation and re-nomination data need to be reported to ACER on the working day following the allocation. This means that these data will be preliminary and not final. However, corrections of allocations are possible within different time periods according to national law. TSOs believe that updates of fundamental data do not have to be reported to ACER.

Does ACER consider it necessary that the TSOs shall send the respective updates of the fundamental data to ARIS?


Answer:

The fundamental data will be reported on a working day following the end of the gas day. The Agency has been informed that the only updates of fundamental data (nominations) that can occur after reporting on a working day following the end of the gas day are those resulting from a technical failure/error in the TSO system.

Therefore, no updates of fundamental data (nominations) beyond a working day following the end of the gas day (D) are required to be sent to the Agency by the TSOs unless there was a technical failure/error in the TSO system and the data was reported incorrectly to the Agency.

 

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