LAUNCH OF THE REPORTING SERVICES FOR THE DEALS EXECUTED OR REGISTERED VIA THE SYSTEM OF BALKAN GAS HUB, IN RELATION TO THE PROVISIONS OF REMIT
With regard to the compliance of Balkan Gas Hub’s obligations regulated by Regulation (EU) №1227/2011 and Implementing Regulation (EU) №1348/2014, we have the pleasure to inform you that Balkan Gas Hub EAD has successfully developed and integrated into our trading system a functionality for reporting the offers and deals, executed or registered via BGH’s system.
As of 17 July 2020, BGH offers to its clients a choice between the following options:
- Reporting Service – BGH sends to ACER data about the deals of the respective market participant with wholesale energy products, realised on BGH’s organised market, including matched and unmatched orders. Reporting will be done via a Third-Party Registered Reporting Mechanism – RRM. The service includes reporting data to ACER and client access to reported data and report confirmations sent by ACER.
- Service for the Provision of Access to Data for the aim of self-reporting – for clients using another reporting organisation, BGH offers access to ready-to-be-reported XML files, which contain data about the deals of the relevant market participant on BGH’s organised market, prepared as requested by and in accordance with ACER’s requirements. The data will be available via web-based client profiles in BGH’s information system.
In the case when a BGH client does not wish to use the services for receiving reportable data and/or reporting services, the client shall sign and provide to BGH a Declaration for refusal of services.
With respect to this, we would like to ask all BGH members to fill in and send to BGH a signed Agreement in accordance with the type of service chosen or a Declaration for refusal of services by the 31st of July 2020.
Balkan Gas Hub EAD