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Spotlight on new reporting obligations for energy markets participants

An electricity pylon stand next to the Schwarze Pumpe coal-fired power station on April 30, 2024 in Schwarze Pumpe, Germany.
Photo: Sean Gallup/Getty Images

The next set of REMIT obligations include the monitoring and reporting of suspicious transactions or order reports.

The revised Regulation on Wholesale Energy Market Integrity and Transparency which entered into force on May 7, 2024, is set to introduce significant changes to the European energy markets sector on November 8, 2024. These changes aim to enhance market integrity, transparency, and competition.

There are two things that start on November 8:

  1. The requirement