Market monitoring

Market abuse

REMIT Rules define in more detail the prohibition of realisation of transaction or attempt of transaction in wholesale market, issuance of orders or attempts to issue a trading order with wholesale market product which:

  1. gives or probably gives false or misleading signals in terms of supply, demand or prices of wholesale market products; or
  2. provides or tries to provide via one person or by cooperation between several persons an artificial level of price of one or several wholesale market products unless the person who performed the transaction or has given order for trading proves that there are justified reasons for that and that the transaction or trading order was given in line with accepted practice on the wholesale market; or
  3. uses or tries to use fictional means or any other form of fraud or deceit which gives or probably gives false or misleading signals in terms of supply, demand or price of any or wholesale market products.

In addition, it is prohibited to:

  1. take actions or attempt to take actions which keep or will likely keep the prices on an artificial level which does not correspond to the real situation in the wholesale market;
  2. spread information via media, internet or any other channel which give or are likely to give false or misleading signals in terms of supply, demand or price of products in the wholesale market, including the spread of rumours and false or misleading news if the person spreading them knew or was supposed to know that the information were false or misleading.

The obligation to report market abuse is not only upon persons operating organised market or system for transaction pairing but upon any other person who enters into transactions with wholesale market products within their duties and professional work.

If there is a doubt that a certain transaction may represent a market abuse or an attempt of market abuse, such transaction is reported to the Agency within a Template REMIT R-5 without delay.

When detecting and identifying market abuse, the Agency cooperates with competent bodies, regulatory authorities of neighbouring states and the competent Energy Community body.

News
APPROVAL OF RULES REGULATING PROCEDURE AND METHOD OF TRANSMISSION CAPACITY ALLOCATION BETWEEN BIDDING ZONES

BELGRADE, Friday, November 29, 2024.

On the session held on November 28, 2024, the Council of the Energy Agency of the Republic of Serbia has approved rules regulating the procedure and method of transmission capacity allocation on borders between bidding zones of the transmission system operator of the Republic of Serbia (EMS AD) and the transmission system operators of North Macedonia (MEPSO), Romania (Transelektrika), Bosnia and Herzegovina (NOSBiH), Bulgaria (ESO), Croatia (HOPS) and Montenegro (CGES) for 2025. 


APPROVAL OF NATURAL GAS DISTRIBUTION SYSTEM OPERATOR DEVELOPMENT PLAN OF “YUGOROSGAZ” JSC BELGRADE

BELGRADE, Thursday, October 17, 2024.

On the session held on October 17, 2024, the Council of the Energy Agency of the Republic of Serbia has adopted a decision on the approval of the Distribution System Development Plan for 2024-2028 with the investment plan for 2024-2026 which was submitted to the Agency by the natural gas distribution system operator “Yugorosgaz” JSC Belgrade.

The plan envisages the natural gas distribution system development in line with the customers’ connection demand.


APPROVAL OF NATURAL GAS DISTRIBUTION SYSTEM OPERATOR DEVELOPMENT PLAN OF PUBLIC UTILITY COMPANY “STANDARD”, ADA

BELGRADE, Friday, October 11, 2024.

On the session held on October 9, 2024, the Council of the Energy Agency of the Republic of Serbia has adopted a decision on the approval of the Distribution System Development Plan for 2024-2028 with the investment plan for 2024-2026 which was submitted to the Agency by the natural gas distribution system operator PUC “Standard”, Ada.


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Short news


CERTIFICATE OF INDEPENDENT SYSTEM OPERATOR TO TRANSPORTGAS SRBIJA NOVI SAD

BELGRADE, Thursday, July 25, 2024.

Acting upon an application of the Limited Liability Company TRANSPORGAS SRBIJA Novi Sad, on the session held on July 25, 2024, the Council of the Energy Agency of the Republic of Serbia has adopted a preliminary Decision on issuing a certificate to the TRANSPORTGAS SRBIJA Novi Sad as to an independent system operator.


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