REMIT workshop on capacity hoarding

Nord Pool has organised a full-day workshop in Copenhagen on Wednesday 20 June, examining the recently published ACER Guidance Note on the application of REMIT to transmission capacity hoarding.

The workshop will:

  • Detail how the guidance note applies in practice – implications for market participants trading in the intraday market;
  • Discuss best practice for avoiding a breach of REMIT;
  • Work through potential cases – what are the considerations made to assess if a case is market manipulation?

It includes presentations by the Agency for Cooperation of Energy Regulators (ACER), Danish Energy Regulatory Authority (DERA), Nord Pool’s dedicated Market Surveillance experts, and Vattenfall AB. The practical scope of the workshop will benefit intraday market participants. Feel free to forward this invitation to any interested persons in your organisation. Here is the agenda for the day:

9:30 – 10:00

Morning coffee and pastry served

10:00 – 10:15

Welcome address

  • Introducing the background for the topic
  • Presenting agenda of the meeting

Market Surveillance at Nord Pool

10:15 – 11:00

Introduction to the guidance note

  • Introduction of the concept of capacity hoarding
  • Assessment under Article 5

ACER

11:00 – 11:15

Short break

11:15 – 12:00

Assessment of capacity hoarding cases

  • Reorganization of DERA
  • Circumstances that could indicate potential market manipulation

DERA

12:00-13:00

Lunch

13:00-13:45

Capacity hoarding from the perspective of a marketing participant - what are the risks, and best practice for ensuring compliance

Vattenfall AB

13:45-14:00

Coffee and pastry served

14:00-15:00

Questions and case studies submitted by participants prior to the workshop

ACER

15:00-15:30

Summary of the day and closing of the workshop

Market Surveillance at Nord Pool

The workshop is on 20 June in the Clarion Hotel Copenhagen Airport. The fee - EUR 140 - includes lunch. Registration is by email: [email protected]. Please provide your full name, position, company and company address. Deadline for registration is Thursday 14 June.

Any market participants who wish to contribute questions regarding the REMIT application to transmission capacity hoarding should send them to [email protected] before 2 June, to have their questions addressed during the workshop.

We look forward to welcoming you.