Nordpool Spot announces full REMIT RRM

Nordpool Spot have announced that they will provide a full RRM service under REMIT. The announcement can be found here.

Under REMIT, Organised Market Places are obliged to “offer a data reporting agreement” to report data that arises out of activity on the venue. This announcement sees Nordpool Spot going further than this, by providing a service that also permits the reporting of off venue trades, as well as data from other venues.

Nordpool Spot will be joining many others at the upcoming eWorld exhibition in Essen, which this year can be expected to be a “REMIT Fest”. We can look forward to several more announcements over the coming weeks.