REMIT: Bundesrat Clears Bill on Market Transparency Agency for Gas and Electricity Wholesale Market

On 23 November 2012 the Bill on the Market Transparency Agency for Gas and Electricity Wholesale Market passed the Bundesrat (Federal Council). The bill, which the Bundestag (Parliament) adopted at the beginning of November, contains important rules on the implementation of the European regulation No 1227/2011 on wholesale energy market integrity and transparency in Germany.

For further information regarding the bill please see the blog post on its adoption by the Bundestag.

The law still has to be promulgated in the Federal Law Gazette. It will enter into force the day after publication.

Source: Bundesrat

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