New and improved REMIT dataset live on the Insights Solution
Elexon has built a new and improved portal for publishing Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) disclosures by the industry.
REMIT is retained EU legislation requiring energy companies to make effective and timely public disclosures of inside information. This includes information about infrastructure outages. Elexon has been providing the disclosure platform since 2015 on the Balancing Mechanism Reporting Service (BMRS).
A more visual and customisable data service
The new REMIT portal is part of our delivery of the latest iteration (1.4) of our new wholesale market data service – the Kinnect Insights Solution.
The Insights Solution uses cloud technology to deliver a more visual, granular and customisable data service to meet the needs of users. It is set to replace the 20-year-old system that is used to provide the Balancing Mechanism Reporting Agent Service (BMRA), when it is decommissioned in 2024.