The Implementing Regulation EU 1348/2014 on the reporting of data for the application of Article 8 (2) and (6) of the REMIT Regulation sets out the following:
 
  • The reporting obligation provided for in Article 9 (1) of the Regulation shall apply from 7 October 2015.
  • The reporting obligation provided for in Article 6 (1) of the Regulation, with the exception of the information concerning the conventions referred to in Article 3 (1) (b) of the Rules of Procedure, shall apply from 7 October 2015.
  • The reporting obligations provided for in Article 8 (1) of the Regulation are in force from 7 October 2015, but not before the central platform on transparency of information under Article 3 (3) of Regulation (EU) No 543/2013 becomes operational.
  • The reporting obligations provided for in Article 6 (2) and (3), Article 8 (3) and Article 9 (2), 3, 5, 7 and 9 of the Regulation shall apply from 7 April 2016.
  • The reporting obligation provided for in Article 6 (1) of the Regulation applies to the contracts referred to in Article 3 (1) (b) of the Rule from 7 April 2016.

In order to submit data in accordance with the above timetable, all market participants (according to the REMIT Regulation as 'market participant') who are defined as any person, including transmission system operators, conducting transactions, including the order to negotiate in one or More wholesale energy markets) are required to be registered and acquire a unique identifier issued by the Agency for the Cooperation of Energy Regulators (ACER).

ACER has created the CEREMP platform for registration of participants, which will work centrally by the organization itself. For the operation of the platform, CERA signed a service agreement with ACER (Service Level Agreement - SLA) as well as a relevant memorandum on access to data submitted by the participants through the platform to ACER (Memorandum of Understanding on the sharing of Information under REMIT). Registration is made by the choice of the relevant national regulatory authority (NRA) in the European Member State in which the participants are established or reside or, if they are not established or resident in the European Union, in a Member State where they are active.

CERA is the National Regulatory Authority (NRA) for Cyprus.

More information and related documents are available on the ACER website (https://www.acer-remit.eu/portal/home).