johannes kindler vice-chairman bundesnetzagentur vice-president of ceer 3rd fts – ceer meeting...
TRANSCRIPT
Johannes Kindler Vice-Chairman BundesnetzagenturVice-President of CEER
3rd FTS – CEER meetingSt-Petersburg, 17 May 2011
New Regulation of Energy Trading in Europe
23rd FTS-CEER meeting, 17 May 2011
Energy Trading
Tra
din
g
Tra
nsp
ort
Ge
ne
ratio
n
Single European Market
33rd FTS-CEER meeting, 17 May 2011
Current situation
Energy Trading
MiFID EMIRMAD
43rd FTS-CEER meeting, 17 May 2011
Current situation
Energy Trading
MiFID
National AuthoritiesESMAACER
EMIRMAD
Energy Trading
MiFID EMIRMAD
53rd FTS-CEER meeting, 17 May 2011
Solution
RR egulation on
EE nergy
M M arket
II ntegrity and
TT ransparency
63rd FTS-CEER meeting, 17 May 2011
Transparency
REMIT
REMITTransaction Reporting
Market Abuse
Insider Dealing
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New regulation
MiFIDEMIRMAD
REMIT
Energy Trading
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There is a risk!
MiFIDEMIRMAD
REMIT
Energy Trading
Split between
Spot Derivatives
93rd FTS-CEER meeting, 17 May 2011
REMIT: Licensing
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REMIT: Licensing
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REMIT: Licensing
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Key aspects of CEER advice
One single trading license:
permits European-wide trading activities covers electricity and gas necessary for wholesale trading (not supply) considered by the home country of the trading companies headquarters fees are cost-based
Public consultation until 17th June. CEER workshop on 31st May in Brussels.
133rd FTS-CEER meeting, 17 May 2011
Спасибо за внимание
(Thank you for your attention!)
www.energy-regulators.eu