REMIT: Legal and Practical Developments

1 DAY Residential Course

Getting up to speed on recent Legal and Practical Developments

This specialised training is designed to provide a critical understanding of how REMIT is currently being implemented and enforced, and equip participants with the necessary tools to anticipate practical issues and ensure compliance.

In this one-day intensive training, we will bring together experts in the field to bring you fully up to date with the current workings of REMIT, examine what its provisions require in practice and how it is implemented and enforced in Member States. Our experts will lead you through recent controversial cases with complex REMIT issues at their core.

Note: Due to the current circumstances with the COVID-19 crisis, this course will be postponed. We are hoping to reschedule it for June. Further details, including the new date, programme and registration will be announced shortly.
Course director
Leigh Hancher
Share
  • Dates
    15 May 2020 - 15 May 2020
  • Level
    Specialised
  • Location
    Paris, France
  • Type
    Residential
  • Register by
    30 Apr 2020
Overview

REMIT, the EU Regulation on Wholesale Energy Market Integrity and Transparency (Regulation No. 1227/2011), first brought into effect in 2011 (followed by the REMIT Implementing Regulation in 2014 (Reg. No. 1348/2014)), establishes common EU-wide rules, that aim to prevent abusive practices in wholesale energy markets and enhance market transparency. Overseen by ACER, the regulation defines prohibited abusive practices with respect to market manipulation and insider trading, applies a monitoring system for the European energy markets, and gives national regulatory authorities (NRAs) powers to enforce rules, investigate and sanction misconducts. REMIT is now a mature system of regulation but the interpretation and application of its provisions, are challenging, complex and often contentious.

Ahead of the training, reading and supporting materials will be made available through a dedicated online portal alongside focused discussion groups, in preparation for the course. The course is designed to encourage the active participation of participants throughout the course and a close interaction with the experts on hand to ensure a fuller learning experience. Participants will also be invited to post questions ahead of the training, so that their particular concerns are fully addressed.

Topics Covered
  • The training will closely examine the provisions of REMIT from a legal standpoint and how key definitions such as ‘wholesale energy products’ and ‘market participant’ are evolving
  • Analyse ACER’s current approach to market monitoring and maintaining the integrity and transparency of the market
  • Learn how REMIT translates into practice – how to implement anti-abuse programmes, report under REMIT, and how to define and disclose inside information
  • Explore the limits of REMIT and the terms of market manipulation in the light of recent case law
  • Consider the interface of REMIT with competition law – is REMIT fit for purpose?
  • Look at the implications of REMIT – engage with real-life cases, evaluate the dos and don’ts that were applied, and review ongoing controversies
Learning Outcomes

Participants will:

  • Develop a comprehensive up-to-date understanding of REMIT
  • Learn how the provisions of REMIT translate into practice – the rules and principles, actors, and procedures involved – and how you should apply them to your field
  • Gain insight into the current issues of contention surrounding REMIT
  • Gain a real-world understanding of REMIT’s application through case-based analysis
  • Exchange knowledge and experiences with fellow participants, through a peer teaching – peer learning dynamic, and closely interact with experts in the field
Target Audience and Level

This course does not require a legal background and is open to all. However, it is particularly aimed at energy and financial market practitioners and new entrants to these markets, lawyers, economists and consultants, members of NRAs, TSOs, European institutions, and academics.

Course Instructors
  • Martin Godfried │ ACER
  • Aviv Handler │ Energy Trading Regulation Advisory
  • Guillaume Dezobry │ FIDAL; Sciences Po; Université Paris Dauphine
  • Francesco Maria Salerno │ GOP
  • Francesco Avesani │ Edison
  • Carsten Smidt | Forsyningstilsynet
  • Dmitri Perekhodtsev │ Compass Lexecon
Time Commitment

In addition to the on-site one-day training, in the period leading up to the course, participants will be given access to an online portal, which will contain introductory reading and supporting materials as well as follow-up resources intended for a deeper insight into the topic. Participants have to engage with an online group discussion forum. These tasks and preparatory materials are expected to take a minimum of 10-12 hours in advance of the course, depending on the level of the participant.

Fees & Registration Policy
  • General fee: 600 €
  • FSR Energy & Law Donors: 450 €

Paid registration fee is non-refundable. However, registrant substitution may be made up to 21 days before the start date of the course.

Course Certificates

At the end of the course, the participants can earn a Certificate of Completion or a Certificate of Excellence, depending of their performance and engagement throughout the course.

Course Faculty

Where participants come from

Any doubt?
Contact your course facilitator

Contact Anne Marie
Course in numbers
1
Edition
28
Participants
11
Countries of participants
8
Course Instructors

Other FSR Courses

Summer School on the Regulation of Energy Utilities (Ljubljana Edition)
Registration open
Summer School on the Regulation of Energy Utilities (Ljubljana Edition)

The Summer School on the Regulation of Energy Utilities (Ljubljana Edition) dives into the policy and regulatory efforts that Europe has undertaken to integrate the energy markets across the block…

Evolution of Electricity markets in Europe
Registration open
Evolution of Electricity markets in Europe

EU Electricity Network Codes & the Clean Energy Package Enter the world of electricity markets in Europe ‘Evolution of electricity markets in Europe’ is an 9-week online course in collaboration…

Electric Vehicles: a power sector perspective
Registration open
Electric Vehicles: a power sector perspective

Charging Infrastructure & Power System Integration of Electric Vehicles In the past 10 years, the deployment of Electric Vehicles has been growing at a rapid rate. As EV manufacturers around…

Summer School on Energy Systems: Sector Coupling and Energy Modelling
Registration open
Summer School on Energy Systems: Sector Coupling and Energy Modelling

The Summer School on Energy Systems will focus on the economic, policy and regulatory aspects of sector coupling in the European Union and the possible ways to model and investigate…

Specialised Training on the Regulation of Gas Markets
Registration open
Specialised Training on the Regulation of Gas Markets

Understand the basic principles and most topical issues of gas sector regulation in Europe and worldwide After 12 successful editions, our flagship Specialised Training on the Regulation of Gas Markets…

Annual Training on the Regulation of Energy Utilities
Registration open
Annual Training on the Regulation of Energy Utilities

Regulation of energy utilities All you need to know in one professional course With the Annual Training on the Regulation of Energy Utilities, you will gain extensive knowledge of the fundamental principles of…

Regulatory Delivery
Registration open
Regulatory Delivery

How are regulatory authorities adjusting their policies and governance, and how should they adjust, to ensure that they meet societal goals and promote fair and efficient economic choices? This online training combines…

Linking Emissions Trading Systems
Registration open
Linking Emissions Trading Systems

In the context of the Paris Climate Agreement, there is today a strong need for enhanced international cooperation fostering emissions trading around the world. Based on the research of the…

Regulation of the Power Sector
Regulation of the Power Sector

All you need to know about the power sector and power systems around the world  Power system regulation is never at a rest, and this is particularly true for the…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top

MENU