We would like to receive instructions on the rest of our REMIT report! Could you clarify whether they should be reported even if an individual contract (within the meaning of the EFET contract) has not been concluded? Example: the contracting parties have entered into the general agreement of the EFET, but they have not entered into a specific contract (within the meaning of the global EFET agreement). The first individual contract was concluded three months after the conclusion of the global efet agreement. ACER`s parallel and inherently conflicting interpretations create confusion for those who reasonably argue that the EFET executive contract is considered a “framework contract.” Therefore, the presentation of reports in which, due to national specificities, price elements other than the price of electricity and gas itself, such as additional taxes (for example. (B) excise) or other elements related to the implementation of the state`s policy on renewable energy sources or energy efficiency, leads to the information provided not meeting the primary objective of such communication, as they do not provide reliable information on the wholesale price of electricity/gas in the Xxxx market. In addition, a report containing price information, including all of the aforementioned derivatives, would prevent the Agency from carrying out a simple and reliable assessment of the relationship between electricity and gas prices on separate public markets within the European Union, the latter would nullify the priority objective of the regulation. Agreements that contain only general terms for trade, but do not specify the price fixing of the volume option, such as the amount of electricity. B, time and place of delivery and price (such as general power supply and purchase agreements, EFET management contracts, etc.) are not contracts to be declared under the REMIT report. We understand that there are at least two contracts covered by the REMIT reports: the above position is based on the answer to question 3.1.1 of Section II.3.1 of the Frequently Asked Questions (FAQs) document on REMIT Transaction Reporting, with the Agency stating that additional fees, taxes and costs are not submitted to the REMIT report. In addition, it should be noted that the aim of the REMIT Regulation is to provide objective and reliable information on electricity/gas prices in the EU wholesale markets. In the opinion of PL Markets participants, the types of contracts described above are subject to the declaration according to the price of electricity/gas, which is determined for the part of the contract subject to resale (price X), for the total volume of energy under the contract, regardless of the energy allocation, since the price of “black” energy is without additional element (the cost of certificates of origin, excise duty).
After box 48 in Table 1 and box 41 in Table 2, the delivery point or area of the goods are determined. This field indicates the EIC Y code (or another code that must be agreed with the Agency if the EIC is not available) to identify the delivery and/or clearing point of the contract. In a country where there are several clearing zones, market participants should declare the EIC Y code for the clearing area for which they have compensated agreements with the EST. This is the area in which the market player provides the designation/planning of energy-raw material trough. The framework agreement sets no price or volume and does not require any of the parties to make transactions.