Ofgem Open Letter response: Addressing queries on REMIT
Correspondence and other
We published an open letter on 15 March 2013 with the aim of helping stakeholders understand what Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT) is about and how it affects them. The letter focused on registration, transparency and inside information reporting. We were also keen to hear about other REMIT-related issues faced by stakeholders.
We received 22 responses to our open letter, of which a summary is provided in an annex to this letter. In addition to answering the questions in our first letter, respondents sought further clarity on the registration process and what constitutes inside information, and raised concerns about the publication of sensitive information. This response letter provides some practical information on the registration process, and comments on the issues of inside information and sensitive information.