Important Brexit information – Registration with EU regulatory authority

Dear Market Participant,

As the transition period after Brexit comes to an end this year, we would like to draw your attention to the below information:

Market participants that are currently registered with a National Regulator in the UK (NIAUR or Ofgem) need to register with an EU regulatory authority to avoid a disruption to cross-border trade, trade within EU wholesale energy markets, or trade within the Single Electricity Market. Ofgem issued an open letter on 27 September 2019 (https://www.ofgem.gov.uk/publications-and-updates/no-deal-eu-exit-remit-contingency-arrangements-september-update) outlining steps to take for market participants in Great Britain. The process of re-registration in the EU is controlled by the EU’s Agency for the Cooperation of Energy Regulators (ACER). ACER published guidance on re-registration on 8 January 2019 (https://documents.acer-remit.eu/acer-staff-letters/open-letter-on-the-withdrawal-of-uk-from-eu/).

A detailed guide about electricity trading from 1st January 2021 is available on the UK government portal: https://www.gov.uk/government/publications/trading-electricity-if-theres-no-brexit-deal/trading-electricity-if-theres-no-brexit-deal

Best regards,

JAO Operations Team