The role of the National Regulatory Authorities Jeppe Danø, Director Wholesale & Transmission

The role of the National Regulatory Authority Monitoring of the domestic wholesale markets to prevent market abuse Cooperation with ACER on data collection and monitoring tasks Investigation of specific cases on national or regional level upon request from ACER Accommodate information access upon request from ACER

Register for market participants DERA shall establish a national register for all market participants on the wholesale markets in Denmark ACER will establish a European register based on the national registers.

Cooperation between regulators and exchanges “Organised markets” (e.g. exchanges) has a duty to inform NRA’s if they have a reasoned suspicion that a transaction is market abuse And at the same time maintain effective procedures to identify market abuse

DERA activities 2012 Information and dialogue on REMIT Cooperation with NordPool Spot (Regulatory Council) Cooperation forum with NordPool Gas National monitoring of wholesale markets for electricity and gas Project with Energinet.dk on transparency platform for the Danish gas market Coordination forum with Financial Authority and Energy Agency Coordination forum with Danish Competition and Consumer Authority

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