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Issue 580 | P329

Issue 580 | P329

Josephine Lord Josephine Lord Consultant

Ofgem decisionP329 Changes to REMIT Inside Information Reporting 26 April 2016 The regulator issued its decision on 19 April to approve the alternative for this proposal, initially raised by National Grid. P329 will align the BSC and the Balancing Mechanism Reporting Service (BMRS) with the Regulation on Wholesale Markets Integrity and Transparency (REMIT) common schema for inside information web feeds. This data is required by ACER for its market monitoring and investigations under REMIT. The alternative proposal is the same as the original but also includes a continuing obligation on National Grid to submit data and therefore the Market Operation Data Interface System (...

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