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New Regulation of Energy Trading in Europe. Johannes Kindler Vice-Chairman Bundesnetzagentur Vice-President of CEER 3rd FTS – CEER meeting St-Petersburg, 17 May 2011. Trading. Energy Trading. Single European Market. Transport. Generation. MiFID. MAD. EMIR. Energy Trading.
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New Regulation of Energy Trading in Europe Johannes Kindler Vice-Chairman Bundesnetzagentur Vice-President of CEER 3rd FTS – CEER meeting St-Petersburg, 17 May 2011
Trading Energy Trading Single European Market Transport Generation
MiFID MAD EMIR Energy Trading Current situation
MiFID MAD EMIR Energy Trading Current situation MiFID MAD EMIR Energy Trading National Authorities ESMA ACER
Solution R egulation on E nergy M arket I ntegrity and T ransparency
Insider Dealing Transaction Reporting REMIT Transparency Market Abuse REMIT
MiFID REMIT MAD EMIR New regulation Energy Trading
MiFID REMIT MAD EMIR There is a risk! Split between Energy Trading SpotDerivatives
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.
Спасибо за внимание (Thank you for your attention!) www.energy-regulators.eu