Chapter II, Article 4 · Commission Implementing Regulation (EU) 2026/256

Contents

Article 4Transactions to be reported on a periodic basis#

1.The transactions relating to wholesale energy products referred to in paragraphs 2 to 8 shall be reported to the Agency on a periodic basis.

10.Market participants only engaging in transactions referred to in paragraph 9, points (a) and (b), of this Article shall not be required to register with the national regulatory authority pursuant to Article 9(1) of Regulation (EU) No 1227/2011.

11.Market participants who have concluded transactions referred to in paragraphs 2 to 8 shall maintain a record of the details of such transactions, for a period of at least five years following the conclusion of the transactions. This obligation shall not apply to the transactions referred to in paragraph 9.

2.Transactions relating to the supply or storage of electricity or the supply of natural gas to a single consumption unit with a technical capability to consume 600 GWh/year or more, unless concluded on an OMP, shall be reported every six months and no later than the last day of the first month of the following semester. The supplier shall obtain confirmation from its final customers about the technical capability of the consumption unit in question to consume 600 GWh/year or more.

3.Transactions relating to capacity mechanisms that result in the obligation to offer a contract for the supply of electricity with delivery in the Union shall be reported on an annual basis and no later than the last day of the first month of the following year.

4.Transactions relating to balancing services in relation to electricity markets, irrespective of their activation, shall be reported on a monthly basis, and no later than the last day of the second month from the month during which the transactions took place. The reported transactions shall include information whether the offer has been accepted and, where applicable, the time of activation. The amount of activated balancing energy shall be reported in an aggregated manner and, where applicable, on a 15-minute granularity.

5.Transactions relating to the storage of natural gas in the Union concluded for a period of 12 months or longer, as a result of a primary capacity allocation by or on behalf of the Storage System Operator, specifying physical or financial capacity rights or obligations shall be reported on a monthly basis, and no later than the last day of the month following the month during which the transactions took place.

6.Transactions relating to the storage of natural gas in the Union concluded for a period of 12 months or longer, as a result of a secondary capacity allocation specifying physical or financial capacity rights or obligations shall be reported on a monthly basis, and no later than the last day of the month following the month during which the transactions took place.

7.Transactions related to options, futures, forwards, swaps and any other derivatives relating to the storage of natural gas in the Union shall be reported on a monthly basis, and no later than the last day of the month following the month during which the transactions took place.

8.The following transactions shall be reported to the Agency once a year and no later than the last day of the first month of the following year, regardless of where and how they have been concluded:

(a)transactions relating to the supply of hydrogen where delivery is in the Union;

(b)transactions relating to the transportation of hydrogen in the Union and between transmission networks in the Union and transmission networks outside of the Union;

(c)transactions relating to the storage of hydrogen in the Union;

(d)any transactions related to options, futures, forwards, swaps and any other derivatives of transactions, including contracts-for-difference, relating to the supply, transportation and storage of hydrogen in the Union;

(e)transactions for balancing services in hydrogen, including balancing capacity and balancing energy markets.

9.The following transactions shall be exempted from the reporting obligations set out in paragraph 8:

(a)transactions relating to the physical delivery of hydrogen produced by a single hydrogen production facility with a production capacity equal to or less than 50 MW;

(b)transactions relating to supply or transportation of hydrogen in geographically confined hydrogen networks in the meaning of Article 52 of Directive (EU) 2024/1788;

(c)transactions for the supply of hydrogen to a single consumption unit with a technical capability to consume less than 600 GWh/year.

Defined terms · 22

Show every defined term

balancing capacity
means a volume of capacity that a balancing service provider has agreed to hold and in respect to which the balancing service provider has agreed to submit bids for a corresponding volume of balancing energy to the transmission system operator for the duration of the contract;
balancing energy
means energy used by transmission system operators to carry out balancing;
balancing service
means:
capacity mechanism
means capacity mechanism as defined in Article 2, point (22), of Regulation (EU) 2019/943;
consumption unit
means a resource which receives electricity, natural gas or hydrogen for its own use;
contracts-for-difference
means contracts for difference as defined in Article 2, point (76), of Regulation (EU) 2019/943.
entry-exit system
means entry-exit system as defined in Article 2, point (57), of Directive (EU) 2024/1788;
fundamental data
means information related to the capacity and use of facilities for production, storage, consumption or transmission of electricity and natural gas or related to the capacity and use of LNG facilities, including planned or unplanned unavailability of such facilities;
group
means group as defined in Article 2, point (11), of Directive 2013/34/EU of the European Parliament and of the Council;
intragroup transaction
means a transaction relating to wholesale energy products entered into with a counterparty which is part of the same group provided that both counterparties are included in the same consolidation on a full basis;
lifecycle event
means any modification, cancellation, correction, early termination or, where applicable, execution of any trade, order to trade, matched or unmatched, or bilateral contract related to wholesale energy products;
low-carbon hydrogen
means low-carbon hydrogen as defined in Article 2, point (11), of Directive (EU) 2024/1788;
nomination
means:
non-standard contract
means a contract concerning any wholesale energy product that is not admitted to trading at an OMP;
OTC
means any transaction carried out outside an organised marketplace;
production unit
means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;
redispatching
means redispatching as defined in Article 2, point (26), of Regulation (EU) 2019/943;
renewable hydrogen
means hydrogen qualifying as biogas as defined in Article 2, point (28), of Directive (EU) 2018/2001 of the European Parliament and of the Council, and hydrogen qualifying as renewable fuels of non-biological origin as defined in Article 2, point (36), of that Directive;
standard contract
means a contract concerning a wholesale energy product that is admitted to trading at an OMP;
storage facility
means:
trade-matching system
means a system that facilitates the matching of orders to trade in wholesale energy products and where the conclusion of the transaction takes place outside of the trade-matching system;
transaction
means any trade and order to trade, matched or unmatched, or bilateral contract and its execution related to wholesale energy products, including any lifecycle event of such trade, order to trade or bilateral contract;