One-stop-shop to comply
with European regulation and market rules
The regulatory environment for European energy traders is becoming increasingly complex. New compliance obligations for energy traders are constantly being invented on both European and national level. At the same time, compliance with national requirements seems to be ever harder as implementation of EU rules can be different in EU Member States. This is particularly true for gas markets and capacity trading.
Operating with these increasing and changing regulations can feel like navigating in a “compliance jungle”. Taking timely action with respect to trade reporting, obtaining or extending the right shipper or supply licenses, when you need them, or fulfilling your obligations as a trading market participant can feel like trying to cross that jungle – without a compass.
Regulatory compliance triggered by being a physical gas shipper, an electricity grid user, or holding a trading license requires increasing financial resources for compliance, whereas the current market environment calls for cutting costs.
- facilitates access into new energy markets, through the provision of up-to-date information on market access rules and procedures at wholesale level;
- offers a comprehensive and structured overview in English of national regulations triggering compliance obligations for energy market participants and presents these national regulations trackable through first-hand sources;
- enables savings on compliance and overhead costs for energy trading companies through offering a continuous regulatory monitoring service in energy markets of your choice.
Correggio Consulting, in partnership with PONTON, have consolidated efforts to support you with the CorreggioNET Service.