Remit

Insider information

Effective and timely publication of inside information in accordance with Art. 4 (1) REMIT (Regulation (EU) No. 1227/2011)

Market participants are obliged under Art. 4 of the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) to publish inside information relating to their company or generation facilities in an effective and timely manner.

The following information serves to explain Art. 4 para. 1 REMIT on the effective and timely disclosure of inside information.
Definition of the term inside information

Inside information is information of a precise nature which has not been made public, relating, directly or indirectly, to one or more wholesale energy products and which, if it were made public, would be likely to have a significant effect on the prices of those wholesale energy products (Art. 2 no. 1 REMIT).
Publication obligation under the REMIT Regulation

According to Article 4(1) REMIT, inside information relating to the undertaking or to installations owned or controlled by the market participant concerned or its parent undertaking or a related undertaking, or for the operational affairs of which that market participant or undertaking is responsible in whole or in part, shall be effectively and timely disclosed. The information disclosed shall include information on the capacity and use of facilities for the generation, storage, consumption or transmission of electricity or natural gas or information concerning the capacity and use of liquefied natural gas facilities, including the planned or unplanned unavailability of such facilities.

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