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Q&As on REMIT – Question III.2.42.

What is the reporting procedure during force majeure, either declared by the RRM or by the market participant?


Answer:

The Agency has established the ARIS Contingency Plan which is available to RRMs in the documentation section of the RRM Admin Profile. The Contingency Plan provides all instructions on what RRMs and market participants have to do in case of different scenarios that may impact the reporting.

As for the other obligations between the market participant and its RRM, the Agency points out that their data reporting agreement should take into account the ARIS Contingency Plan.

Last update: 16/02/2016   RSS_Icon Subscribe to this Page’s RSS