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REMIT fine in Denmark

A market participant has been fined DKK 380,000 (approximately 51,000 EUR) for a breach of REMIT Article 5, the market manipulation prohibition. The notice from Forsyningstilsynet, the Danish National Regulatory Authority, can be found here. According to the notice, the fine concerns alleged “capacity hoarding” in 2020. See here for a consultation run by Forsyningstilsynet on the topic in 2023.