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EEX expands Transparency Platform with Generation Data from Bulgaria

Companies use transparency platform to fulfil REMIT requirements

(PresseBox) (Leipzig, ) The European Energy Exchange (EEX) will expand the "Transparency in Energy Markets" platform with the publication of generation data from Bulgaria. As a result, power generation data from Bulgaria will be provided on the www.transparency.eex.com internet platform in the future.

ČEZ Group and Windkraft Simonsfeld will become the first companies to report power plant data from Bulgaria. As a result of this first step, a capacity of approximately 1,300 MW will be published on the platform. The companies are currently in the connection process and the first publication of Bulgarian generation data is scheduled for the first quarter of 2013.

By reporting the data, companies will be able to use the "Transparency in Energy Markets" transparency platform to implement their publication requirements under REMIT. Under this EU regulation, the market participants are required to disclose insider information which is relevant for pricing in power and natural gas trading. Furthermore, reporting of the data on the transparency platform also forms an important step in increasing transparency on the Bulgarian market and, thus, promoting its development.

The quality and flexibility of the transparency platform promotes the fast and effective integration of data reported from further countries. Consequently, EEX gives market participants throughout Europe the opportunity to fulfil their publication requirements under REMIT by using the transparency platform.

"Transparency in Energy Markets" is the neutral platform for energy market data which fulfils the statutory publication requirements and implements voluntary commitments of the market participants. The transparency platform for generation and consumption data (www.transparency.eex.com) was established by EEX together with the four German transmission system operators - 50Hertz Transmission GmbH, Amprion GmbH, TenneT TSO GmbH and TransnetBW GmbH - and the Austrian transmission system operator Austrian Power Grid AG. The platform is developed further and expanded in co-operation with the associations Oesterreichs Energie, BDEW, VKU, VIK and the Federal Network Agency. EEX is in charge of the operation of the platform, which comprises plausibility checking, anonymisation, aggregation and publication of the data reported, in addition to supporting the reporting companies and users. At present, more than 40 German, Austrian and Czech companies directly submit data to the platform.