13.03.2024 – ACER updated REMIT guidance (TRUM) to improve reporting of LNG supply contracts and Power Purchase Agreements
ACER has updated the Transaction Reporting User Manual (TRUM) to enhance the reporting of ‘liquefied natural gas (LNG) supply contracts’ and ‘power purchase agreements (PPA)’.
Particularly noteworthy is the new Annex VIII, which is intended to expand the reporting of LNG supply contracts under REMIT:
- Neu: Annex VIII V1.0
Links to other changes:
- Annex II V5.0
New examples of spot-type LNG transactions and non-standard contracts
Version comparison:V5.0-vs-V4.2 - Annex IV V2.2
Additional clarification on the reporting of the Unique Transaction Identifier (UTI) and Contract ID.
Most important statement: “Both counterparts are responsible for the generating an identical UTI and Contract ID in their respective reports of the same trade.”
Version comparison: V2.2-vs-V2.1 - Annex VI V3.0
Additional information on how to correctly report the Delivery point or zone: how to report EIC code of LNG terminal.
New: EIC validator tool.
Version comparison: V3.0-vs-V2.1
Additionally, the FAQs have been updated to include guidance on reporting transactions related to a local flexibility product and an explanation on reporting a gas transportation contract related to capacity conversion and capacity upgrade:
It is important to note that ACER has not yet published the technical documentation for REMITTable1 (XML schema for standard contracts) and REMITTable2 (XML schema for non-standard contracts). This means that technical implementation is not yet possible.
After publication, market participants are expected to implement the changes within 6 months.
We will inform you as soon as the updated documentation is available so that you have enough time to fulfil the new requirements.
Further information can be found on the ACER website:
ACER updates REMIT TRUM
REMIT Documents
