Српски
 Expand/Contract







 Home

REMIT

ABOUT REMIT

The Energy Agency of the Republic of Serbia adopted Rules on Prevention of Abuse in Electricity and Natural Gas Market (“Official Gazette of RS”, Number 103/21) – hereafter: REMIT Rules which are applicable as of April 1, 2022 and which incorporates the Decision of the Energy Community Ministerial Council D/2018/10/МС-EnC which adapts the Regulation (EU) 1227/2011 of October 25, 2011 on Wholesale Energy Market Integrity and Transparency (EU REMIT Regulation) into the local legislation.

The implementation of REMIT Rules is aimed at providing transparency and trust into wholesale and natural gas market functioning in the Republic of Serbia (hereafter: wholesale market) via the establishment of the mechanism for publication of privilege (inside) information and reporting of market abuse.

REMIT Rules are mandatory for everyone trading or intending to trade in following wholesale market products:

  1. electricity and natural gas, which are a subject of a supply contract, regardless of the fact whether the electricity or natural gas delivery point is in the Republic of Serbia or in another Contracting Party which is the signatory of the Treaty establishing the Energy Community (hereafter: “Contracting Party“);
  2. electricity and natural gas, which are a subject of a contract on system access, including contracts concluded in order to transmit electricity, i.e. natural gas between the Republic of Serbia and one or more Contracting Parties;
  3. electricity and natural gas which are a subject of a contract on supply or a contract on electricity or natural gas distribution which are concluded with a final customer with an annual electricity or natural gas consumption capacity of 300 GWh or more (maximum projected consumption which a customer could reach on the annual level if all facilities, i.e. production capacity would be engaged);
  4. electricity and natural gas derivatives.

Those who trade or intend to trade in the given wholesale market products are obliged to:

  1. submit a proper registration application in order to register their participation in the wholesale market prior to the issuance of the trading order in the wholesale market, i.e. prior to the realisation of the transaction on purchase and/or sale of electricity or natural gas;
  2. report any change of registration data and persons with an access to inside information to the Agency without delay;
  3. publish full inside information available to them in due time on their website and/or centralised operator’s website;
  4. inform the Agency on the delay in publication of inside information;
  5. inform the Agency on exemption from prohibition of trade based on inside information;
  6. comply with prescribed prohibition of trade in inside information, prohibition of manipulation and attempt of manipulation in the wholesale information and report these examples of market abuse to the Agency in line with REMIT Rules.

The given obligations are complied with by the submission of relevant applications to the Agency within the following Templates:

  • Template REMIT R-1 Registration application for the registration of participation in wholesale market
  • Template REMIT R-3 Application of Delayed Inside Information Publication
  • Template REMIT R-4 Application for Exercise of Exemption from Prohibition of Use and Disclosure of Inside Information
  • Template REMIT R-5 Report on Potential Abuse/Malfeasance on Wholesale Market
  • Template REMIT R-6 Application for Exercise of Exemption from Prohibition of Inside Information Trading
  • The Energy Law prescribed penalties with an option to impose prescribed measures in case wholesale market participant acts contradictory to REMIT Rules.

    Wholesale market functioning monitoring is performed by the Agency in line with the Energy Law and other competent bodies in line with regulations regulating the fields of trade, competition protection and financial markets monitoring.


    WHAT'S NEW
    1.2.2024 - Approval of Maximum Capacity Thresholds for Production Modules ... >> Details
    18.1.2024 - Approval of EMS Rules for Market Activities Suspension and Restoration ... >> Details
    21.12.2023 - Approval of Transportgas Srbija Gas Pipeline Transmission System Development Plan ... >> Details
    21.12.2023 - Approval of “GAS BEČEJ” and “YUGOROSGAZ” Distribution System Development Plan ... >> Details
    21.12.2023 - Criteria for Approval of Exemption for Connection of Production Units and Customers Facilities to Network ... >> Details
    14.12.2023 - Approval of Distribution System Development Plans of “RESAVA-GAS” and “7. OKTOBAR” ... >> Details
    11.12.2023 - Approval of Rules on Cross-Border Capacity Allocation between Serbian and Hungarian Bidding Zones ... >> Details
    11.12.2023 - Approval of “SIGAS” LLC, Požega Natural Gas Distribution System Development Plan for 2023-2027 ... >> Details
    30.11.2023 - Approval of Rules Regulating Cross-Border Capacity Allocation Procedure and Methodology between Bidding Zones ... >> Details
    10.11.2023 - Approval of the Transmission Network Code ... >> Details
    10.11.2023 - Approval of Rules for Connection of Facilities to Transmission System ... >> Details
    10.11.2023 - Approval of Procedure for Connection of Facilities to Transmission System and to Segment of Distribution System Which is Operated by Transmission System Operator ... >> Details
    23.10.2023 - Energy Agency Has Adopted Methodology for Billing Unauthorised Electricity Consumption ... >> Details
    23.10.2023 - АЕRS: Approval of YUGOROSGAZ TRANSPORT Transmission System Development Plan ... >> Details
    5.10.2023 - Approval of Decision on Non-Standard Services Prices of “Elektrodistribucija Srbije” ... >> Details
    28.9.2023 - New Guaranteed Supply Electricity Price ... >> Details
    21.9.2023 - New Public Supply Natural Gas Prices ... >> Details
    18.8.2023 - Approval of Natural Gas Distribution System Development Plan of the Distribution System Operator “SOMBOR-GAS” d.o.o ... >> Details
    10.7.2023 - Public Consultation: Drafts of Decisions on Setting Criteria for Approval of Exemption from Connection to Network of Customers’ and Producers’ Facilities ... >> Details
    4.7.2023 - Public Consultation: Transmission System Development Plan of the Republic of Serbia for 2023-2032 ... >> Details
    21.4.2023 - Approval of Oil Transportation System Network Code of TRANSNAFTA AD Pančevo ... >> Details
    28.3.2023 - NEW NATURAL GAS PUBLIC SUPPLY PRICES ... >> Details
    28.3.2023 - NEW ELECTRICITY GUARANTEED SUPPLY PRICE ... >> Details
    6.3.2023 - PUBLIC CONSULTATION: Yugorosgaz-Transport LLC Transmission System Development Plan for 2023-2032 ... >> Details
    21.2.2023 - PUBLIC CONSULTATION: Yugorosgaz-Transport LLC Transmission System Development Plan for 2023-2032 ... >> Details
    16.1.2023 - Approval of JKP “Standard” Ada DSO Development Plan and Investment Plan ... >> Details
    29.12.2022 - 2023 Prices of Ancillary and System Services in Power System Established ... >> Details
    29.12.2022 - Approval of Transmission System Investment Plan for 2022-2024 ... >> Details
    29.12.2022 - Reports for 2022 Adopted ... >> Details
    23.12.2022 - Approval of Distribution System Investment Plan for 2022-2024 ... >> Details
    23.12.2022 - Decisions of AERS Council in Fields of Electricity Transmission and Distribution ... >> Details
    1.12.2022 - Amendments to Electricity Market Code ... >> Details
    28.11.2022 - New Electricity Guaranteed Supply Price ... >> Details
    28.11.2022 - New Natural Gas Public Supply Prices ... >> Details
    14.11.2022 - Approval of Rules Regulating Procedure and Method of Transmission Capacity Allocation on Border between Bidding Zones for 2023 ... >> Details
    15.9.2022 - Approval of JKP “Standard” Ada Distribution System Development Plan Ада ... >> Details
    28.7.2022 - New Electricity Guaranteed Supply Price ... >> Details
    15.7.2022 - Amendments to Natural Gas Methodologies ... >> Details
    1.7.2022 - Amendments to Methodology for Setting Electricity Price of Guaranteed Supply Adopted ... >> Details
    1.7.2022 - АЕRS: Approval of New Natural Gas Public Supply Prices ... >> Details
    27.6.2022 - Approval of Conditions for Appointment and Prior Approval of Appointment of Compliance Officer for Electricity Distribution System Operator Compliance Programme ... >> Details
    17.6.2022 - APPROVAL OF NATURAL GAS DISTRIBUTION SYSTEM DEVELOPMENT PLAN OF “SOMBOR-GAS” LLC OPERATOR ... >> Details
    27.4.2022 - Public Consultation: Yugorosgaz-Transport LLC Transmission System Development Plan for 2021-2030 ... >> Details
    1.4.2022 - AERS Has Confirmed GASTRANS LLC Certificate as to Independent Transmission Operator ... >> Details
    31.3.2022 - The Rules on Prevention of Electricity and Natural Gas Wholesale Market Abuse Enter into Force ... >> Details
    10.3.2022 - AERS Council: Approval to EMS of Amendments to Rules on Publication of Key Market Data ... >> Details
    4.3.2022 - Aprroval of EMS AD Transmission System Development Plan for 2021-2030 and Investment Plan for 2021-2023 ... >> Details
    10.2.2022 - Approval of Compliance Programme for Provision of Non-Discriminatory Behaviour of Electricity Distribution System Operator ... >> Details
    4.2.2022 - Prices of Ancillary and System Services in Power System for 2020 Established ... >> Details
    28.1.2022 - АЕRS: Methodology for Setting Prices of Ancillary Services and Prices of Capacity Reserve for System Services of Secondary and Tertiary Control Adopted ... >> Details
    21.1.2022 - AЕRS: Approval of Amendment to Electricity Market Code ... >> Details
    30.12.2021 - АЕRS: Reports on Necessity of Regulation of Electricity Prices and of Supply of the Last Resort Adopted ... >> Details
    30.12.2021 - Approval of EDS Distribution System Development Plan for 2021-2030 and of Investment Plan for 2021-2023 ... >> Details
    29.11.2021 - Approval of Agreements on use and access to transmission capacity on borders between bidding zones for 2022 ... >> Details
    25.11.2021 - AERS: Decision on Setting Maximum Repurchase Price for Auctions for Electricity from Wind Power Plants ... >> Details
    4.11.2021 - AERS: Methodology for Setting Market Premium and Methodology for Setting Feed-in Tariff Adopted ... >> Details
    29.10.2021 - AERS: Approval of Amendments to Electricity Market Rules ... >> Details
    28.10.2021 - Methodology for Setting Maximum Purchase Electricity Price and Methodology for Setting Maximum Feed-in Tariff for Electricity Adopted ... >> Details
    28.10.2021 - Rules on Prevention of Abuse in Electricity and Natural Gas Markets ... >> Details
    22.10.2021 - Public Hearing on Draft Methodologies for Highly Efficient Cogeneration and Micro-Generation and Small Cogeneration Units ... >> Details
    22.10.2021 - AERS: Opinion on Annual Compliance Programme for 2020 ... >> Details
    11.10.2021 - Public Hearing on Draft Rules on Prevention of Abuse in Electricity and Natural Gas Markets ... >> Details
    4.10.2021 - AERS: Public Hearing on Drafts of Methodology for Setting Maximum Purchase Price of Electricity and Methodology for Setting Maximum Feed-in-Tariff for Electricity ... >> Details
    24.9.2021 - New Electricity Transmission and Distribution Tariffs Approved ... >> Details
    24.9.2021 - Approval of Plan for Transfer of Metering Devices within Electricity Distribution System ... >> Details
    17.9.2021 - Approval of Proposals for Elaboration of Two Natural Gas Network Codes ... >> Details
    2.9.2021 - Approval of Bases for Elaboration of Three Natural Gas Network Codes ... >> Details
    27.8.2021 - Network Codes on Connection to Electricity Transmission and Distribution Systems ... >> Details
    8.7.2021 - АЕRS: Amendments to Methodologies for Setting Electricity Transmission and Distribution Use-of-System Charges Adopted ... >> Details
    30.6.2021 - АЕRS: Instructions for Drafting Electricity and Natural Gas Network Codes Adopted ... >> Details
    12.5.2021 - Submission of Application for Modification of Licence Title ... >> Details
    16.4.2021 - Decision on Keeping Business Records as Accounting Records for Regulation Purposes ... >> Details
    18.3.2021 - Public Consultation: 2021-2030 Republic of Serbia Transmission System Development Plan ... >> Details
    21.1.2021 - 2021 Power System Charges and Ancillary Services Charges Established ... >> Details
    31.12.2020 - Approval of Transportgas Srbija Gas Transmission System Development Plan ... >> Details
    24.12.2020 - AERS Council Decisions in Fields of Electricity Transmission and Distribution ... >> Details
    17.12.2020 - New Electricity Prices Approved ... >> Details
    2.12.2020 - AERS 2021 Finanacial Plan Adopted ... >> Details
    30.11.2020 - АERS: Reports on Necessity of Price Regulation and Supply of the Last Resort Adopted ... >> Details
    24.11.2020 - Two decades of Energy Regulators Regional Association - ERRA ... >> Details
    19.11.2020 - Approval of Agreements on Use of and Access to Cross-Border Transmission Capacity for 2021 ... >> Details
    19.11.2020 - Approval of EMS JSC 2020-2029 Transmission System Development Plan and of 2020-2022 Transmission System Investment Plan ... >> Details
    28.8.2020 - Energy Agency Approved YUGOROSGAZ-TRANSPORT Transmission System Development Plan ... >> Details
    29.7.2020 - Public Consultation: TRANSPORTGAS SRBIJA 2020-2029 Transmission System Development Plan ... >> Details
    2.6.2020 - AERS Council: Approval of Plan for Transfer of Metering Devices within Distribution System to “EPS Distribucija” ... >> Details
    27.5.2020 - Public Consultation: YUGOROSGAZ – TRANSPORT d.o.o. Transmission System Development Plan for 2020-2029 ... >> Details
    15.5.2020 - Approval of Gastrans d.o.o. Natural Gas Transmission Network Code ... >> Details
    16.4.2020 - Approval to EMS JSC Transmission Network Code ... >> Details
    16.3.2020 - AERS Work Organisation during State of Emergency ... >> Details
    21.2.2020 - Certificate issued to GASTRANS LLC as to Independent Natural Gas Transmission Operator ... >> Details
    23.1.2020 - 2020 Power System and Ancillary Services Charges established ... >> Details
    2.12.2019 - Approval of Agreements on Use and Access to Cross-Border Transmission Capacity for 2020 ... >> Details
    25.11.2019 - Public Consultation: 2020-2029 Transmission System Development Plan of Republic of Serbia ... >> Details
    1.11.2019 - New Power Prices Approved ... >> Details
    17.10.2019 - Approval of EMS AD Transmission System Development Plan for 2019 - 2028 and of Investment Plan for 2019 - 2021. ... >> Details
    30.9.2019 - Christian Zinglersen – New ACER Director ... >> Details
    12.9.2019 - Gastrans: Public Hearing on Operation Rules of Future Gas Pipeline ... >> Details
    22.8.2019 - AERS Council: Approval of Plan for Transfer of Metering Devices within Distribution System to Distribution System Operator “EPS Distribucija” d.o.o. ... >> Details
    15.8.2019 - Approval of EMS a.d. Rules on Publication of Key Market Data ... >> Details
    15.8.2019 - Certificate issued to GASTRANS d.o.o. as to Independent Natural Gas Transmission Operator ... >> Details
    16.7.2019 - Revoked Transmission System Operator Certificate of Yugorosgaz-Transport ... >> Details
    8.5.2019 - AERS Hosting Meeting on Gas in South and Southeastern Europe ... >> Details
    22.3.2019 - The Council of the Energy Agency of the Republic of Serbia adopted Decision on dismissal of certification application of the Limited Liability Company “Transportgas Srbija” ... >> Details
    8.3.2019 - Approval of GASTRANS Acts regarding Exemption of New Interconnector ... >> Details
    5.3.2019 - Exemption for New Natural Gas Interconnector Approved to GASTRANS ... >> Details
    13.2.2019 - Public Consultation: Republic of Serbia Transmission System Development Plan for 2019-2028 ... >> Details
    12.2.2019 - Approval of 2018-2027 EMS AD Transmission System Development Plan and 2018-2020 Investment Plan. ... >> Details
    25.1.2019 - Approval of Decision on Prices of Non-Standard Services of “EPS Distribucija” ... >> Details
    Archive ... >>


    Copyright © by Energy Agency of the Republic of Serbia