REMIT Reporting Services and Solutions - July 2015 updated March 2016
4.9.5
Fundamental data using a system operator
In addition to order and trade data, ACER will be collecting fundamental data, defined by the REMIT Implementing
Act (Article 2(1)) as:
“Information related to the capacity and use of facilities for production, storage, consumption or transmission of
electricity and natural gas or related to the capacity and use of LNG facilities, including planned or unplanned
unavailability of these facilities;”
Generally it is System Operators such as TSOs, SSOs and LSOs who must report fundamental data. There are however
gaps where market participants will need to report data themselves, via an RRM that offers the appropriate facility.
This is examined in section 6.6.
4.9.6
Electricity Transparency Regulation (ETR) – 543/2103
The “ETR” rules came into force in January 2015. There require the reporting of electricity “transparency data” to
ENTSO-E. The rules have some overlap with REMIT, both in terms of fundamental data and inside information.
However, this is not the same rule set; compliance with one does not signify compliance with the other.
Some platforms, such as National Grids MODIS platform will offer compliance with more than one rule set, but this is
not always the case.
4.10 What needs to be reported and where is it defined?
Depending on the data type and format to be sent in, a particular set of fields must be sent for each data item. The
sets of fields, and their names are defined in the REMIT Implementing Act, which was produced by DG Energy.
Details of what goes into each field are found in a document known as the Trade Reporting User Manual, the TRUM,
which is produced by ACER. The TRUM is intended to be used by RRMs to establish how to send data to ACER.
However, every market participant should be familiar with its contents.
The TRUM is a very detailed document, which provides a great deal of guidance as to how to fill each field. ACER is
also publishing a comprehensive examples document attempting to cover many types of trade in the market. (This is
in contrast to EMIR, where very little descriptive information was made available by the regulator). The TRUM also
contains guidance on many important issues, such as generation of UTIs and deciding which format to use.
The TRUM document is evolving and at the time of writing t