For companies reporting transactions under REMIT, several topics from the report are particularly relevant — including new investigation powers for ACER, changes in reporting statistics, and developments related to Inside Information Platforms.
Below is a summary of the most important updates and what they mean for users of our REMIT Reporting Portal.
20,715
Registered participants
ACER prepares for cross-border REMIT investigations
Following the REMIT II revision (Regulation (EU) 2024/1106), ACER is preparing to conduct cross-border investigations into suspected market abuse.
The new rules define how ACER will handle investigations involving multiple EU countries. They introduce a clear procedural framework designed to ensure transparency, fairness and legal certainty.
ACER’s investigation powers will cover potential violations such as:
- •insider trading in wholesale energy markets
- •failure to publish inside information
- •market manipulation
- •violations of REMIT reporting obligations
- •breaches of obligations by persons professionally arranging transactions
During investigations ACER will be able to request information, conduct inspections and interview relevant parties. Where necessary, the Agency may also impose periodic penalty payments to ensure cooperation.
However, enforcement decisions will still remain with national regulatory authorities, which will receive investigation reports from ACER and decide on sanctions.
The full operational start of cross-border investigations is expected from 2026 onwards, once ACER completes the implementation of the required procedures and organisational setup.
Key takeaway: Compliance and data transparency will become even more important, particularly for companies operating across multiple EU markets.
Stakeholder engagement and regulatory updates in 2026
ACER highlighted the importance of strong engagement with market participants in preparation for upcoming regulatory changes.
In November 2025 ACER and the European Commission held a joint REMIT workshop attended by around 850 stakeholders, focusing on transparency, reporting obligations and market integrity.
For 2026 ACER plans to increase stakeholder engagement through:
- consultations
- webinars and workshops
- stakeholder roundtables
- public discussions on regulatory changes
These activities will support the implementation of new delegated and implementing acts under REMIT II, which will further define reporting requirements and oversight of reporting entities. Market participants should therefore closely follow regulatory developments in 2026 and prepare their reporting processes accordingly.
Growth in REMIT reporting activity
The report shows a significant increase in reporting volumes across European wholesale energy markets.
In 2025:
- ACER collected 19.9 billion transaction records, including orders to trade.
- This represents a 72% increase compared to 2024.
- The majority of records come from trades executed on Organised Market Places (OMPs).
- ACER processes more than 54 million transaction records per day through its REMIT Information System (ARIS).
This rapid growth demonstrates the increasing scale of market monitoring and highlights the importance of automated reporting solutions.
Trading volumes on organised energy markets
Trading activity on organised energy markets also increased significantly.
In 2025:
- Total reported trading volumes reached 285,180 TWh, representing a 24% increase compared to 2024.
- Natural gas forward markets accounted for 87% of total trading volumes.
- Electricity forward markets represented about 12% of total trading volumes.
- The number of active market participants trading on organised markets also increased to 2,990 companies.
Updates to organised market places and standard contracts
ACER regularly updates reference lists used in REMIT reporting.
At the end of Q4 2025:
- The List of Organised Market Places (OMPs) included 77 trading venues, compared to 75 in the previous quarter.
- Three new OMPs were added and one platform was removed.
The List of Standard Contracts also expanded:
- from 15,736 to 15,846 contracts
- with 267 new contracts added and 157 removed.
Keeping reporting systems aligned with these updates is essential for ensuring compliant transaction reporting.
Market participants and reporting trends
The number of registered market participants continues to grow.
By the end of 2025:
- 20,715 companies were registered in the European register of market participants (CEREMP).
- 11,049 participants actively submitted transaction reports.
This gap suggests that some registered entities may not be actively reporting or may not fully comply with REMIT reporting obligations.
The report also shows that:
- the top 5 reporting market participants generated 44% of all reported records
- the top 5 Registered Reporting Mechanisms (RRMs) submitted around 93% of all reported data.
Inside Information Platforms (IIPs): compliance challenges
The report highlights ongoing challenges related to inside information disclosure.
As of early 2026:
- only 24% of registered market participants indicated that they use an approved Inside Information Platform (IIP)
- 43% rely only on their own company websites to disclose inside information
- 31% indicated that disclosure does not apply to them
Important: ACER emphasises that publishing information only on a company website does not meet REMIT disclosure requirements. Market participants should ensure that inside information is published through an approved IIP.
Enforcement cases and market monitoring
ACER continues to monitor suspicious trading activity and cooperate with national regulators.
By the end of 2025:
- 456 potential REMIT breaches had been analysed.
- Several enforcement decisions were issued by national regulators, including fines for attempted market manipulation.
One highlighted case involved a trader attempting to manipulate the Spanish gas market by placing large orders at unusually low prices during benchmark price calculation periods.
Such enforcement cases underline the importance of robust compliance systems and accurate reporting.
What this means for REMIT Portal users
The latest ACER report confirms that regulatory oversight of EU energy markets continues to intensify.
Market participants should focus on:
- ensuring accurate and timely transaction reporting
- maintaining high data quality standards
- using approved Inside Information Platforms
- preparing for new reporting rules under REMIT II
Our REMIT Reporting Portal helps companies meet these requirements by automating data collection, validation and submission to ACER, while ensuring full compliance with the latest reporting standards.