If you have any questions, please contact our recruiting team Kristin Rammler, Nadin Eckhardt and Michael Schur directly by phone or email (contact details can be found on our contact page).
Thank you for your interest in our vacancies. If you have not found a suitable position, please send us your unsolicited application via the following link.
It is of course our concern to fill open positions as quickly as possible with the most suitable applicant. Due to the large number of applications received and the varying degrees of complexity of the roles, recruitment processes can take anywhere from a few days to several weeks. You can also proactively inquire about the current status of your application at any time.
To give us a comprehensive picture of you and your career at first glance, we ask you to submit complete documents. This includes:
Please upload your application by using the "apply now" button in the job offer. Now, you can create your account in the application system or if you have already an account you can log in easily to upload the required documents. Applications handed in via email for roles in EEX and ECC will no longer be processed.
For vacancies in other EEX Group entities, please send your application to the email address given in the job advertisement, e.g. for roles in Powernext, please use the email: job@powernext.com
Emissions which are in scope for the ETS are all emissions on intra-EU voyages, all emissions occurring while the vessel is berthed in an EU port, 50% of emissions during the vessels incoming voyage to the EU from a 3rd country port and 50% of emissions during the vessels outgoing voyage from an EU port to its next 3rd country port.
Carbon emissions for a vessel are reported through the MRV regime for all the emissions of that vessel which are in scope for a single year. Allowances then need to be surrendered to cover the emissions of that vessel by April of the year following the year for which the emissions were reported. For example, if the in-scope emissions of a vessel are 50,000 mt in 2023, the owner of that vessel would need to surrender allowances for 10,000 mt CO2 (20% of emissions are covered in 2023) by April 2024.
Yes, ECC offers margin credits between EUA and freight futures. Margin requirements and credits are recalculated daily, and the latest rates are available on the ECC website.
Strategies are driven by the financial turning point where costs of allowances exceed the cost of other financial obligations.
On the use of ports near the EU, a port call is quite strictly defined in the proposed policy and would mean physically unloading cargo and re-loading it back on the vessel. The EU has studied port call evasion and estimate that at a carbon price of EUR 100, up to 20% of voyages could have incentives to avoid. The EU explicitly leaves the door open to revise its definitions if evasion strategies become prevalent.
Regarding outright transhipment, the EU commissioned a study to look at a case study involving a port in Spain and one in Morocco. The key economic inflection point is the length of the initial journey, meaning that intercontinental voyages would have higher incentives to evade accounting of the original carbon emissions. The potential of splitting cargos into sizes below the MRV threshold is largely seen as unfeasible for most bulk and energy commodities.
This is what the EU calls fleet optimization. The EU does not consider this a large risk, as it is does not really constitute evasion. There are also expectations that this type of ‘carbon arbitrage’ would be short lived given the progressive global standards for ship designs, and the potential for emissions schemes in other jurisdictions.
Generally, the EU ETS is a purely volume-based system with free price formation. However, within the system there is the possibility of an increase in the supply of allowances in the event of extreme price fluctuations under Article 29a of the EU ETS Directive.
If, for more than six consecutive months, the allowance price is more than three times the average price of allowances during the two preceding years on the European carbon market, the European Commission shall convene a meeting and be able to adopt measures such as bringing forward a part of the quantity to be auctioned or allow member states to auction up to 25% of the remaining allowances in the new entrants reserve.
Yes, this is perfectly possible. Allowances can be surrendered at any time within the same market phase. It is free to hold allowances, there are no negative interest rates to pay as there are with cash deposits and they can be used as collateral at ECC against short EUA futures positions.
All ships above 5,000 gross tonnes that carry cargo or people will be in scope for the EU ETS. Exceptions include military and fishing vessels, as well as ships that do not have mechanical propulsion.
Offsets are carbon credits purchased and traded in the voluntary market and are mainly used to offset emissions from general operations, as an example, a company may purchase carbon offsets to cover the emissions that result from the travel of their staff. Emission Allowances (EUAs) are purchased and traded in the compliance market and are mandatory for the scope covered. The two are not interchangeable and voluntary carbon offsets cannot be used to fulfil a company’s obligations in the compliance market. Companies could use EUAs to cover emissions beyond their compliance obligations but in practice this is very unlikely given the large price differential between the two contract types.
It is possible that there could be changes to the proposal during the coming negotiation rounds or that implementation is delayed, however the inclusion of maritime into the ETS does seem to be one of the less contentious points in the proposal. The European Parliament for example has already voiced concrete support for including maritime emissions within the EU ETS. Add that to the overall ambition of the proposal and the target timelines and we think it is likely that, for maritime at least, the proposal could be implemented.
Allocation of the additional carbon price will depend on the contracting terms in the physical shipping market. If a ship owner offers a voyage rate for a particular cargo, they will likely quote a ‘carbon-included’ price, similar to how bunker fuel is priced into the $/ton voyage charter rate. If a vessel is hired on a time-charter basis, the charterer is principally responsible for all operational costs of the vessel. Since the emissions report is finalised after the voyage is concluded, there may need to be provisions for either deposits or other payment agreements to be settled in favour of the ship owner, after the vessel has discharged its cargo. Alternatively, a charterer could arrange for their own emissions allowances, to be transferred to the ship owner after the voyage has been concluded.
In general, it is expected that costs of carbon allowances will be passed through to the delivered commodity price. However, the EU’s analysis shows overall low-price impacts on industrial commodities, and only a minor negative change in demand due to carbon costs.
Yes. Allowances can be purchased in the primary market now and then surrendered in later years. It is also possible to trade futures contracts now for expiries out to December 2029.
Under the proposal, there will not be specific ‘shipping’ allowances in the way that there has been for aviation in the past. Maritime will be included within the main ETS meaning that current allowances will also be applicable for surrender against shipping emissions.
Yes, this is correct. Once 100% of emissions are within the proposed scheme, for which the current target date is 2026, it will be required that allowances are purchased and surrendered for every single ton of carbon reported via the MRV and within scope of the ETS.
The nEHS FAQ is available as download.
Yes, the external usage does not only include the onward dissemination of raw data, but also of derived data, understood as any product or service (including consultancy), that includes, or is based on EEX Group DataSource products.
Yes, a license is needed if your standard prices (e.g. published in an official price list on your website) are built upon EEX Group DataSource.
A license is not needed in case of a bilateral contract with your client, i.e. contracts containing fees that are not made public.
No, the onward dissemination of EEX Group DataSource Products to Affiliated Companies requires the conclusion of a DataSource Service Agreement for External Usage.
Affiliated Companies are considered as Subscribers.
In case you need the EEX to validate the data you use for your energy pricing, there is a possibility to create a dedicated page on the EEX Website with EEX Market Data.
A Subscriber is an entity or an individual that enters into a contractual relationship with a Vendor.
Yes, under certain conditions discounted prices for universities and start-up companies are available.
Yes, as long as the project remains educational and does not include consultancy.
It is possible to receive a license from EEX for data acquired by an independent 3rd party vendor, as long as this 3rd party Vendor has an agreement in place with EEX.
Please note that the identity of the data vendor must be disclosed to EEX in any case.
Yes, but only for the purpose of its service to the Contracting Party. Any onward dissemination by the Service Provider in any other name than the one of the Contracting Party is strictly forbidden.
EEX will send a form every August to this end.
Yes, if the consultancy takes place within a commercial activity, an Agreement must be signed.
The ISIN displayed on European Commission’s website to phase 4 emission allowances should be reported in FIRDS under RTS 23. Field 1 – Instrument identification code should be reported with ISIN EU000A2QMW50 for EU allowances and EU000A2QMW68 for EU aviation allowances. In case of derivatives having as underlying a phase 4 emission allowance, Field 26 – Underlying instrument code should be populated with EU000A2QMW50 for EU allowances and EU000A2QMW68 for EU aviation allowances. The table below clarifies the different reporting scenarios based on the type of emission allowance. The fields displayed in the tables are all RTS 23 fields that are applicable to emission allowances or derivatives thereof in the FIRDS CFI validation rules.
More detailed information, prepared by ESMA, can be found here.
Auctioning is the basic principle of allocating allowances within the EU Emissions Trading System (EU ETS). This means that businesses have to buy an increasing proportion of allowances through auctions by way of a regular series of auctions in accordance with Commission Regulation (EU) No.2023/2830 (“EU Auctioning Regulation”).
EEX is the leading auction platform. 100 percent of all allowances auctioned in the EU ETS are allocated via EEX.
At the moment EEX conducts weekly auctions for EUAs on Monday, Tuesday, Thursday and Friday, as well as bi-weekly auctions for EUAs on Wednesday from 9 to 11 am CET. Auctions for EUAAs are conducted on several Wednesdays.
All details (including the quantities) can be found in the Auction Calendar.
For all auctions of general allowances (EUAs) and for all auctions of aviation allowances (EUAAs), the common rules of the EU Auctioning Regulation apply. This also includes the main requirements for the auction's design:
Auctioned product:
Auction delivery: Next-day delivery (T+1)
Auction format:
Lot size: 500 allowances
Submission and withdrawal of bids:
Determination of the Auction Clearing Price:
> All successful bids will be allocated at the Auction Clearing Price, determined as follows:
There are three reasons provided for in the EU Auctioning Regulation for a cancellation of an auction.
In case of general allowances, the number of auctions over which the combined volume to be auctioned must be distributed shall equal four times the number of auctions that were cancelled.
In case of aviation allowances, the number of auctions over which the combined volume to be auctioned must be distributed shall equal two times the number of auctions that were cancelled.
The “reserve price” is the minimum price that has to be reached for an auction to be cleared. In accordance with the rules governing the auctions, the methodology for determining the “reserve price” as well as its underlying definitions are handled strictly confidentially.
The EU Auctioning Regulation is clear and binding: Information on the reserve price methodology is considered confidential information by law (see Article 62.1i of the Auctioning Regulation).This is in order to prevent any kind of manipulation or misconduct in the auctions, which could arise from the knowledge of this methodology
- T+0: Auction date – the Auction is held and the results are known.
- T+1:
- T+2: The successful Bidder(s) which has/have instructed the Registry Transfer Request(s)receive(s) the emission allowances in the respective registry account(s) until 12:00 pm CET.
The auctioning of allowances is governed by the EU Auctioning Regulation.
This covers the timing, administration and other aspects of auctioning.
In addition, for all EEX's emissions auctions, the respective rules and procedures of EEX and ECC apply.
Participants must be eligible to bid according to EU rules(Article 18(1) and (2) Auctioning Regulation). Eligible under these rules are (see Eligibility Form):
(a) an operator, an aircraft operator, a shipping company or a regulated entity having an operator account in the Union Registry which is opened in accordance with Delegated Regulation (EU) 2019/1122, bidding on its own account, including any parent undertaking, subsidiary undertaking or affiliate undertaking forming part of the same group of undertakings as the operator, the aircraft operator, the shipping company or the regulated entity;
(b) investment firms authorised under Directive 2014/65/EU bidding on their own account or on behalf of their clients;
(c) credit institutions authorised under Directive 2013/36/EU of the European Parliament and of the Council (22) bidding on their own account or on behalf of their clients;
(d) business groupings of persons listed in point (a) bidding on their own account and acting as an agent on behalf of their members;
(e) public bodies or state-owned entities of the Member States that control any of the persons listed in point (a).
This means that any ETS operator or aviation operator is eligible to apply for admission to bid in the auctions, and so are their parent, subsidiary or affiliate undertakings. In addition, investment firms and credit institutions, authorised and regulated under EU law, may apply for admission to bid. Prior to their admission, foreign companies have to appoint an authorised agent with a registered office within the Federal Republic of Germany, such as EEX’s clearing house European Commodity Clearing (ECC).
Operators can also form business groupings to bid as an agent on theirbehalf. Additionally, according to §13 of EEX’s Trading Conditions, any exchange participant can request another registered person to bid on his/her behalf. According to Art. 6 (3) of the EU Auctioning Regulation, a registered person is a natural person established in the European Union. With respect to § 33 (4) of EEX’s Trading Conditions, the appointed intermediary is responsible for the customer’s eligibility and which needs to be confirmed by completion of the Eligibility Form.
Furthermore, EU rules provide for an additional category (investment firm status), namely intermediaries that benefit from an exemption from the authorisation requirements in EU law and have been authorised under rules laid down in the Auctioning Regulation. For example, this is relevant for intermediaries such as fuel traders, so they could easily add allowances to the products they offer to ETS operators.
Admission requirements according to EU rules (Article 19(2) Auctioning Regulation):
Details to relevant questions including a comparison of the options how to participate in the Emission Auctions can be found in the document "Participation in Emissions Auctions".
The scope of other intermediaries eligible to bid in the auctions covers persons that are not MiFID-licensed but benefit from the MiFID-exemption for “ancillary activity” [MiFID Art. 2 (1) (i)]. These persons would have to obtain special authorisation from their competent national authority (e.g. from FCA or BaFIN) in order to be eligible to bid. Once such an authorisation in granted, they can participate in phase III auctions on all auction platforms, provided that they have been admitted to the respective exchange.
The relevant competent national authority can grant such authorisation only if respective national legislationhas been enacted by the Member State in the first place.
For example: In the UK, HM Treasury has made "bidding for emissions auctions" a new regulated activity within the Financial Services & Markets Act 2000 (FSMA) as part of its implementation of the EU Auctioning Regulation. This enables the UK financial regulator (FCA) to authorise and supervise intermediaries exempt from MiFID under Article 2 (1) (i) for bidding in the auctions. Those intermediaries (when based in the UK) will have to apply for such authorisation by submitting a "Variation of Permission (VoP) application" form to the FCA. For more information on the applications process you can also refer to the FCA Handbook.
For example: For Germany, a similar provision is set out in the German Emissions Trading act ("Treibhausgasemissionshandelsgesetz", TEHG), namely in Article 8 (4) TEHG. Based on this piece of legislation, intermediaries exempt from MiFID under Art. 2 (1) (i) have to apply for authorisation by contacting the German financial regulator (BaFin).
All EEX members, including admitted EUA Spot members, must in addition prove their eligibility in the Auctions via the Eligibility Form. Furthermore, EEX may request supporting documents such as verification of your Union Registry account, current versions of your company’s annual report and extract from the commercial registry.
EEX members may contact their responsible Key Account Manager from the EEX Sales Team in Leipzig, London, Madrid, Milan, Oslo or Paris to be guided through the admission process. Alternatively EEX members may directly contact the single Admission Team of EEX and ECC for the EUA spot market. This will include the completion of some basic forms in order to identify two persons responsible for registry transaction requests, ordering a technical connection and identifying an authorised trader for the spot market.
Once setup is complete, EEX Market Operations will send the member their login details for EUA spot trading and for the auction platform. There is no extra cost for existing members to join the spot market.
The single admission team of EEX and ECC or the EEX Sales team will assist you in all aspects of the admission process (the order of the following points can vary):
1.Establishing a contact: EEX will assist you with any questions you may have concerning your admission, the admission process itself and the necessary admission forms.
2.Complete a training: The completion of the EEX exchange trader training or spot market emission rights training is required, except you choose an auction only membership without technical access.
3.Choosing a technical connection: EEX offers you various technical connection opportunities depending on your needs.Details to relevant questions including a comparison of the options how to participate in the Emission Auctions can be found in the document "Participation in Emissions Auctions".
A presentation especially for small and medium size operators is available in the document "Participation in Emissions Auctions –explained in 5 minutes".
EEX has offered a webinar on the topic. You can find the recording under thus link. Furthermore, the presentation slides are available here.
Companies which would like to participate indirectly in the auctions may contact a clearing member of European Commodity Clearing (ECC), or a trading member of EEX, and request to enter into an agreement. Once the agreement has been concluded, the clearingor trading member is advised about their client’s bid preferences, and receives any necessary upfront payments in time for the auction.
More information on the indirect auction access as well as existing participants providing this access can be found in the section Environmental Markets > Emissions Auctions
During the auction, the member bids on their client’s behalf and has to reveal their client’s name per bid (as per the EU Auction Regulation). Settlement of successful bids is completed according to the terms of the agreement. For a full list of ECC and EEX members, please consult either the ECC website or the EEX website.
EEX has offered a webinar on the topic. You can find the recording under thus link. Furthermore, the presentation slides are available here.
No, there is no difference. Once you receive admission to EUA auctions, you can participate in EUAA auctions as well. Please be aware, that EUA and EUAA are auctioned in separate auctions with distinct dates. More information, e.g. the auction calendar, can be found in the section Environmental Markets > Emissions Auctions
Yes, please note that a training session and a Trader Exam is part of the admission process if you choose to access auctions directly via the Auction System. However a training session and a Trader Exam is not necessary if you choose to access auctions only via calling or mailing to the helpdesk.
Further information on the different options for access to the auctions can be found in the section access to the auctions.
Please find more information on how to get your EEX exchange trader training or spot market emission rights training.
Bidding on behalf as well as trading on behalf can be done via an intermediary as well as via EEX’s Market Operations Team. The difference is that bidding on behalf is the term used for the primary auctions where only buy-orders are possible and trading on behalf is the term used for the secondary market where buy-and sell-orders are possible.
Linking of both schemes entered into force on 1 January 2020. This results in mutual recognition of EU and Swiss emission allowances on legislative and registry level, respectively. However, no changes to EUA/EUAA contract specifications are planned for the time being, i.e. only EUAs/EUAAs will be accepted or delivered under EEX’s contracts.
We are happy to provide you with data from our spot and derivatives markets. Therefore, please send us a short description of your academic project (bachelor, master, or doctoral thesis) as well as a valid enrollment certificate.
Access for students will be limited to end-of-day data. These data files are generated daily at the end of a day and are available in xlsx and csv format. Please note that real-time products, and Transparency Data products are not accessible to students free of charge.
Time series data for several products is accessible for the following markets:
Important notice: The quantity of data provided to students is free of charge for up to three distinct market areas and a maximum period of three years.
The Power Spot data are managed by our colleagues from EPEX Spot in Paris.
For more information and sample files, please have a look here: sFTP Server (eex.com)
If you´re interested in market data of our products for a scientific work/graduated thesis like Bachelor or Master thesis, you can apply for it in the following way:
To gain access to the data you must (i) be enrolled in a university/college and (ii) your scientific work must be part of an official university project or a final thesis. In case, your thesis is written in the framework of a collaboration with a private company, the data must be purchased by the latter.
You can request the data by sending an E-Mail to datasource@eex-group.com. Please attach a current certificate of matriculation and a short exposé about your work and your department.
Please note that the EEX is always interested in receiving your scientific contribution. In this context, EEX is organize every year an award for original academic contribution.
More information is available on our website: https://www.eex-group.com/en/about/excellence-award
In general, we provide EEX Market data free of charge for students who are completing a Bachelor- or Master program at a university or another scientific institution.
Students who are currently completing a Ph.D. can also receive the data free of charge if their project is for purely scientific purposes and financed from their own funds. If a third party, e.g. a company, finances the thesis, the data will be charged.
Students who are working on their bachelor's or master's thesis in cooperation with a company must also apply for a paid access.
Market data of the European Energy Exchange AG include all commodities tradable at the EEX for different markets and products. EEX Market Data can be provided to students for scientific purposes only. For this purpose, data of the "sFTP- End of the Day" products will be provided. Access for real-time products, Desktop-Applications and transparency data products are not provided for free to students.
Further information regarding our EEX Group DataSource services can be found here: https://www.eex.com/en/market-data/eex-group-datasource
CSV and XLSX files generally prepared for 2019 and 2020 on the sftp server datasource.eex-group.com. Files created on the old sftp mis.eex.com before that date remain available in archive folders of the new sftp datasource.eex-group.vom.
EEX Group offer its customers a sFTP server for all end-of-day products.
For accessing the sFTP server, please use the following log-in data. Username and password were sent to all migrated customers in February 2019 and will be sent to new customers within the next 48 hopurs after placing the order.
Server: datasource.eex-group.com
Port: 22
Username: new username
Password: new password
Important Notice: Please remember to select the encoded protocol “sftp” and to adjust your proxy and firewall settings.
The EEX Group DataSource sFTP server receives a new file and folder structure. You can download an overview of the folder structure as well as the respective interface specifications and corresponding sample files via the following links:
> Market Results File Folder Mapping
> EEX Market Data – sFTP CSV Interface Specification
> EEX Market Data – sFTP XLSX Interface Specification
> EEX Transparency Data – sFTP Interface Specification
> EEX Market Data - sFTP Files Overview
EEX Group DataSource offers high-speed access to market data of EEX Group exchanges. The services offer 24/7 access and cover not only market data of a wide range of commodities, but also Transparency data of the European energy market.
Service | Service Description | Frequency | ||
Real-time | Delayed | End-of-Day | ||
API | Raw data in xml/ json | x |
| |
Desktop App | Customised quotes, charts, curves, data history | x |
|
|
Excel Tool | Customised excel analytics | x |
|
|
sFTP | Aggregated and trade-specific data files in csv/ xlsx |
|
| x |
Tables & Charts | Online accessible views with customised solutions | x | x | x |
For more information, please visit Market Data > EEX Group DataSource Services.
Customers can easily place orders for internal and external usage online through EEX Group Webshop.
Subscriptions can be cancelled on a yearly rhythm. If customers cancel their subscriptions until 31 October, the subscriptions will not be extended and end automatically on 31 December of the same year.
If you want to cancel your subscriptions, please sent us an Email with your request to datasource@eex-group.com.
Yes, this is possible.
If you have an interest in FIX Drop Copy, please get in contact with us and we will organize this with the TT Development Team.
They will support you creating and implementing this feature with the FIX interface at no additional costs.
You will receive your log-in during the admission process.
If you have any questions, please contact Member Readiness for admission and Customer Connectivity for technical topics.
ECC Member Readiness
phone: +49 341 2156-261
e-mail: memberreadiness@ecc.de
or
EEX Customer Connectivity
phone: +49 341 2156-466
e-mail: technology@eex.com
Yes, order routing via GCMs is available.
The screen costs 1,800 EUR per year per user. You can find the prices in the current Price List.
For details on browser and system requirements, please refer to the website of Trading Technologies:
Yes, TT provides all relevant MIFID II fields for compliance.
For more details, please refer to the website of Trading Technologies:
https://www.tradingtechnologies.com/solutions/mifid-ii-compliance/
There are multiple “Synthetic Order Types” available in the EEX TT Screen.
For more details on Synthetic Order Types, please refer to the website of Trading Technologies:
> https://library.tradingtechnologies.com/trade/order-entry-order-types.html
If you are interested in using any of these order types, please contact:
EEX Market Supervision
phone: +49 341 2156-222
e-mail: trading@eex.com
or
EEX Customer Connectivity
phone: +49 341 2156-466
e-mail: technology@eex.com
We will enable these features for you.
With the activation of Synthetic Order Types, Algo Trading will also become available.
Everyone who participates in wholesale energy markets within the Union is obliged to report under REMIT. According to ACER, there is no difference whether or not the person resides within the EU or whether or not they are professional investors. Moreover, non-EU and non-EEA market participants are covered by REMIT when entering into transactions, including the placing of orders to trade, in one or more wholesale energy markets in the Union.
The REMIT Fee was introduced by the European Commission’s decision on REMIT fees (EU) 2020/2152 and applies as of 1st of January 2021.
Please find the official Q&A document from ACER via the following link: ACER_REMIT-FEE-QA.pdf (europa.eu)
The fee is record-based which means that all records (Orders including lifecycle events and Trades) for each Market Participant and each OMP are counted. The transaction record-based fee component in year n is based on the number of transaction records reported in year n-1, as well as their complexity and diversity.
ACER validates the submission time and not the transaction time.
The following cluster have been generated:
Cluster 1 pricing scheme
Applies for supply contracts traded at OMPs and for transportation contracts
| Transaction records per data cluster | Fee subcomponent in EUR |
|---|---|
| 1 to 1,000 | 250 |
| 1,001 to 10,000 | 500 |
| 10,001 to 100,000 | 1,000 |
| 100,001 to 1,000,000 | 2,000 |
| More than 1 million, up to 10 million | 4,000 |
| More than 10 million, up to 100 million | 8,000 |
| More than 100 million | 16,000 |
Cluster 2 pricing scheme
Applies for supply contracts traded outside OMPs
| Transaction records per data cluster | Fee subcomponent in EUR |
|---|---|
| 1 to 1,000 | 250 |
| 1,001 to 10,000 | 500 |
| 10,001 to 100,000 | 1,000 |
| 100,001 to 1,000,000 | 2,000 |
| More than 1 million, up to 10 million | 4,000 |
| More than 10 million, up to 100 million | 8,000 |
| More than 100 million | 16,000 |
EEX will collect the ACER REMIT fee from the Reporting Customers via simple pass-through of the member specific component, as recommended by ACER and EU Commission. A new additional handling fee on “Reporting to ACER” service has been introduced in the List of Services and Prices of EEX AG to handle REMIT Fee management. It amounts to 120 EUR / year and market segment (EEX Gas / EEX Power).
In case the Market Participant has chosen the EEX REMIT Basic Service and / or any Additional Service, this will be invoiced on a quarterly basis (further information see EEX Price List).
In addition to the quarterly EEX REMIT invoice, the ACER REMIT Fee will be invoiced by EEX once a year as ACER invoices the RRMs on a yearly basis.
In case the Market Participant has chosen Basic Service or Additional Service "Data submission to Equias”, EEX does not act as the ACER RRM for that Market Participant and therefore will not charge a ACER REMIT Fee.
Please contact your RRM for further details.
ACER will charge an ex-ante payment at the beginning of each calendar year (n) based on the previous year’s (n-1) records. The following year (n+1) ACER will perform a correction of the ex-ante payment based on effective counts in the year (n).
In addition to that ACER will calculate in the following year (n+1) also an ex-ante payment for the year (n+1) based on the records of year (n).
The correction of the amount for year (n) and the ex-ante-payment for year (n+1) will be summed up.
No, the transfer of REMIT data files to ACER is conducted automatically and monitored by the EEX compliance services team. Market participants do not have to interfere in order to fulfil their reporting obligation, BUT they are obliged to download and verify their REMIT data files on a regular basis.
Market participants obliged to report REMIT data to the Swiss Federal Electricity Commission ElCom are offered an additional service with EEX and Powernext within the REMIT Data Services Agreement.
Reporting to Equias is an established additional service of EEX Group’s REMIT transaction reporting, but it can only be selected together with the basic service of EEX.
Members that wish to have access to the Trayport reporting service for EEX should select the basic service. Trayport will then retrieve the data directly from the FTP.
EEX is the authorised Registered Reporting Mechanism (RRM) for the reporting of EEX trading data. Reporting is performed using the ACER Code B0000104M.DE.
EMIR reporting will not replace REMIT reporting since there is no guarantee that all reportable data under REMIT are reported with EMIR. To sum this up: Even if both reporting obligations have certain overlaps, they still differ in detail.
REMIT Art. 4 is not covered by EEX Group’s REMIT transaction reporting service. The reporting of REMIT inside information has to be delegated with a separate agreement in consultation with the EEX transparency support team. Please contact support@eex-transparency.com for further assistance.
The benefits include:
Regardless of whether current or future inside information is actually available, all market participants are obliged to specify a place for the disclosure of inside information (REMIT article 9). Therefore, ACER recommends the use of official platforms.
The use of an official platform is highly recommended by REMIT and MAR.
‘…inside information should be disclosed in a manner ensuring that it is capable of being disseminated to as wide a public as possible. This is why the Agency believes that the disclosure of inside information through platforms has its merits…’ (ACER Guidance 4th Edition)
ACER will only collect inside information from platform web feeds. They will not collect web feeds from market participants’ websites.
A dual approach for disclosure of inside information is described in the ESMA Final Report (p.46). If platforms for the disclosure of inside information exist, for instance EEX Transparency platform, market participants should use such platforms.
All requirements concerning the public disclosure and forwarding of inside information resulting from REMIT, Transparency Regulation and MAR are fulfilled by the EEX Transparency Platform.
We provide standard message types for submitting the data to the EEX Transparency Platform. The submission of data regarding capacity, usage, non-usability and Ad-hoc Ticker messages is offered for each commodity.
EEX provides a free Transmission and Reporting Tool, which is continuously developed and updated. The communication is certificate-based and takes place through a technical standard (web service).
As backup, you can use our EEX Online Tool. It can be used in case of customers’ reporting system failure. It is a secure and certificate-based browser solution for transmission of inside information via text messages.
Submitted data will be published on the EEX Transparency Platform immediately and automatically forwarded to ACER.
Market participants without facilities are, at the very least, obliged to disclose business inside information. For this purpose we recommend the EEX Online Tool. It is a secure and certificate-based browser solution for the publication of inside information on the EEX Transparency Platform. Data will be immediately forwarded to ACER.
Under REMIT, all electricity and natural gas market participants who are registered with an EU National Regulatory Authority are required to specify a place for the disclosure of inside information. This place must be specified whether or not the market participant believes they have information to disclose.
Under MAR, all emission allowance market participants with company-wide (including all EU-subsidiaries) aggregated emissions of at least 6 million tons of CO2 equivalents or, installations with at least 2,430 MW rated thermal input are required to disclose inside information.
