Overview of sanction decisions
REMIT prohibits market manipulation and insider trading in the wholesale energy markets, as well as imposing several obligations. Both can eventually lead to a sanction.
ACER strongly cooperates with the relevant NRAs to monitor the wholesale energy markets and effectively sanction REMIT breaches.
The table below gives an overview of decisions and sanctions of REMIT breaches:
NRA, Member State
Type of REMIT breach
InterGen (UK) Ltd,Coryton Energy Company Ltd, Rocksavage Power Company Ltd, Spalding Energy Company Ltd
(approx. EUR 42.5 million)*
UAB Geros dujos
19 December 2019
BP Gas Marketing Limited
Valahia Gaz S.R.L.
HUF 30,000,000 (approx. EUR 90,000)
MAVIR Magyar Villamosenergia-ipari Átviteli Rendszerirányító Zártkörűen Működő Részvénytársaság
HUF 1,000,000 (approx. EUR 3,000)
05 September 2019
Engie Global Markets
(approx. EUR 2,393,427.80)
20 February 2019
Uniper Global Commodities SE +Two traders
EUR 150,000 and fines of EUR 1,500 and EUR 2,000 for each trader respectively.
21 December 2018
Neas Energy A/S
(approx. EUR 20,400)*
28 November 2018
Multienergía Verde, S.L.U.
Galp Gas Natural, S.A.
Energi Danmark A/S
DKK 1,104,000 (approx. EUR 147,000)*
24 November 2015
Iberdrola Generación S.A.U.
Note: Article 18 of REMIT establishes that the rules on penalties for breaches of Article 3 and 5 of REMIT are established by the Member States. The implementation regime is therefore different across Member States and some breaches of REMIT may be sanctioned under national provisions. Please consult the sources for the status of the proceedings and more information on the Decisions.
* This amount includes both the (i) fine and (ii) confiscated profit.