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ACER - REMIT Breach: Rock Trading World S.A. Fined For Manipulating The Spanish Gas Market


ACER - REMIT Breach: Rock Trading World S.A. Fined For Manipulating The Spanish Gas Market
Date
23/04/2021
The Spanish National Commission of Markets and Competition (CNMC) published today a decision in which it holds that the company Rock Trading World, S.A. (‘Rock Trading World’) manipulated the Spanish gas wholesale market between 3 and 7 November 2018, breaching the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). CNMC has imposed payments amounting to € 60,000.
CNMC found that Rock Trading World engaged in market manipulation, consisting in issuing non-genuine orders and executing transactions involving low volumes on the sell side of the market in order to provide false signals of a downward price trend, so that it could purchase large volumes of gas at lower prices on the within day products traded at Mercado Ibérico del Gas (MIBGAS). Such behaviour was repeated for four days. Furthermore, on 5 November 2018, Rock T ....

United Kingdom , Great Britain , Mercado Ib , Eu Regulation On Wholesale Energy Market Integrity , National Regulatory Authority , Electricity Markets Authority Ofgem , French Energy Regulatory Commission , Spanish National Commission , Rock Trading World , Wholesale Energy Market Integrity , Del Gas , Trading World , Guidance Note , Marketing Limitedfor , French Southern , Gas Trading Point , Electricity Markets Authority , Engie Global Markets , Energy Regulators , ஒன்றுபட்டது கிஂக்டம் , நன்று பிரிட்டன் , யூ ஒழுங்குமுறை ஆன் மொத்த ஆற்றல் சந்தை நேர்மை , தேசிய ஒழுங்குமுறை அதிகாரம் , பிரஞ்சு ஆற்றல் ஒழுங்குமுறை தரகு , ஸ்பானிஷ் தேசிய தரகு , மொத்த ஆற்றல் சந்தை நேர்மை ,

Investegate |TOTAL Announcements | TOTAL: France: Total Wins 50 MW of Projects in Latest National Solar Tender – Close To 400 MW of Projects Awarded Over Past 18 Months


TOTAL
France: Total Wins 50 MW of Projects in Latest National Solar Tender – Close To 400 MW of Projects Awarded Over Past 18 Months
France: Total Wins 50 MW of Projects in Latest National Solar Tender – Close To 400 MW of Projects Awarded Over Past 18 Months
Total
 
Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through Total Quadran, its renewable energy subsidiary in France, was awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender.
Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the largest volume awarded over the last 18 months. ....

France General , Julien Pouget , National Solar , French Energy Regulatory Commission , Total Wins , Latest National Solar Tender , Projects Awarded Over Past , Total Quadran , Senior Vice President Renewables , Investegate Announcements , Investegate Company Announcements , Business Wire , Businesswire And , பிரான்ஸ் ஜநரல் , ஜூலியன் பொஊகேட் , தேசிய சூரிய , பிரஞ்சு ஆற்றல் ஒழுங்குமுறை தரகு , மொத்தம் வெற்றி , சமீபத்தியது தேசிய சூரிய ஒப்பந்தம் , ப்ராஜெக்ட்ஸ் வழங்கப்பட்டது ஓவர் கடந்த காலம் , மூத்தவர் துணை ப்ரெஸிடெஂட் புதுப்பிக்கத்தக்கவை , வணிக கம்பி ,