Today German Federal Ministry of Economics (BMWK) has called out the early warning level. In this warning level no capacity restrictions are enforced. With this message we want to make sure that all market participants are aware of this situation and take care of the preparation of necessary measures.
REMIT
Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (“REMIT”) is a regulation tailored to the energy sector to prevent insider trading and market abuse. In accordance with Article 4(1) Regulation (EU) No 1227/2011 there is an obligation to publish available inside information. To the best of its knowledge, bayernets publishes available inside information as so-called Urgent Market Messages (UMM).