Fundamental data reporting to ACER REMIT Information System (ARIS)
The EU Regulation on Energy Market Integrity and Transparency (REMIT) requires that information related to the capacity and use of facilities for storage of natural gas and use of LNG facilities, including planned or unplanned unavailability of these facilities (’fundamental data’) is to be reported to ACER, the Agency for the Cooperation of Energy Regulators (www.acer.europa.eu).
ACER acts as governing body to monitor the reporting regime and to ensure greater transparency in markets by helping to reduce the risk of manipulation.
GIE has worked closely with ACER to develop the fundamental data reporting schemes, which are mandatory to use by Storage system operators, LNG System Operators and market participants.
In order to further facilitate this, Gas Infrastructure Europe (GIE) has registered as RRM (Registered Reporting Mechanism) with ARIS, the ACER REMIT Information System.
