Our Service
We provide a comprehensive Representative Service for companies established outside the European Union and Switzerland. Our service helps non-EU and non-Swiss market participants comply with the applicable REMIT and Swiss energy market reporting obligations.
- Under REMIT Regulation (EU) No. 1227/2011, market participants established outside the EU are required to designate a representative in an EU Member State in which they are active. This representative acts as the official point of contact for communication with the competent National Regulatory Authority and supports the fulfilment of REMIT-related obligations.
- Similarly, non-Swiss market participants that are subject to Swiss energy market reporting requirements must designate a representative in Switzerland in order to comply with ElCom/BATE reporting obligations.
With our Representative Service, we act as your official regulatory liaison in the EU and Switzerland. We support communication with the relevant authorities and help ensure that your energy market activities, including transaction data and fundamental data reporting, are handled accurately, securely and on time.
Our service is especially suitable for companies trading or active in European and Swiss wholesale energy markets that do not have their own legal presence in the EU or Switzerland but are still subject to REMIT or ElCom reporting requirements.
Representative Service Reuirements
Key Requirements
- The representative must be established in the same Member State where the market participant is active.
- Market participant should verify if he already registered for REMIT purposes in that Member State.
- If the market participant is not already registered in the Member State where their representative is located, they must register or change the registration to the Member State where they have designated their representative.
Providing Contact Information
- The contact details of the appointed representative (name, email address, postal address, and phone number) must be submitted to both ACER and the national regulatory authority (NRA) of the respective Member State.
Process
- The appointment and registration of the representative are managed via the CEREMP system.
- In some Member States (e.g., Italy, Romania, Slovenia), market participants must notify the NRA directly, which also serves as a notification to ACER.
Scenarios of MPs registration and their representatives in Member States
