Under the Regulation on Energy Market Integrity and Transparency (REMIT), non-EU companies active in the European wholesale energy market must appoint a designated representative who resides or is organized in an EU Member State. This representative acts on your behalf for regulatory matters, including communication with national regulatory authorities and ACER.
All non-EU companies that are active in the European wholesale energy market must appoint a designated representative. This includes companies trading electricity, natural gas, and other energy commodities within the EU. The requirement applies regardless of the size of your operations.
The deadline for non-EU companies to appoint a designated representative was 8 November 2024. If you have not yet designated a representative, it is important to do so as soon as possible to ensure compliance with REMIT requirements.
Your designated representative should be authorized to manage communications with national regulatory authorities or ACER, including responding to regulatory decisions and information requests. They serve as your official point of contact for all REMIT-related matters.
Non-EU companies must register with the national regulatory authority in the EU Member State where your company is active in the wholesale energy market. You only need to register once, and your registration will apply across the entire EU. There is no need to register in multiple Member States.
ACER (Agency for the Cooperation of Energy Regulators) is the EU agency responsible for coordinating the work of national regulatory authorities. Non-EU market participants must register with ACER to obtain a unique identification code, which is required for REMIT compliance.
The Bundesnetzagentur is the German national regulatory authority responsible for overseeing energy market activities in Germany. If your company is active in the German wholesale energy market, you will need to register with the Bundesnetzagentur and designate a representative in Germany.
If any information in your registration changes, you must inform the national regulatory authority immediately to keep your registration current. This includes changes to your company details, contact information, or market activities.
EnergyRepServices provides comprehensive designated representative services, including written mandate agreements, registration with ACER and Bundesnetzagentur, management of regulatory communications, and ongoing compliance support. We use state-of-the-art technology to ensure efficient and reliable service.
Simply contact us through our contact page, and we will guide you through the process. We will assess your specific needs, provide a tailored quote, and handle all aspects of your registration and ongoing compliance requirements.
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