Regulatory Alerts2024-11-20
Regulation of the Commodity Futures Trading Supervisory Agency Number 11 of 2024 Concerning Procedures for the Implementation of Renewable Physical Electricity Trading on the Futures Exchange
The Commodity Futures Trading Supervisory Agency (Bappebti) issued Regulation No. 11 of 2024 to establish the regulatory framework and operational procedures for trading renewable physical electricity via Renewable Energy Certificates (RECs) on futures exchanges. The regulation defines strict eligibility criteria for exchanges, including technical system standards, clearing house cooperation, and governance structures, while mandating specific requirements for REC registration, contract specifications, and transaction guarantees. It further outlines the licensing process for exchanges, their rights and obligations, and the enforcement mechanisms for market participants to ensure transparency, legal certainty, and investor protection.
Share