The Regulation on Notifications in the Energy Market
("Regulation") was published in the
Official Gazette on 27.05.2014 and numbered 29012 and enters into
force six months following its date of publication. The purpose of
the Regulation is to regulate procedures and principles with
respect to the collection of data required by Energy Market
Regulatory Authority ("EMRA") for
surveillance, analysis and reporting procedure of market
activities. Also "The Instructions for Use on Notifications in
the Energy Market" ("Instruction")
was published in the Official Gazette on 24.12.2014 and numbered
Unless otherwise stated, the Notices shall be made with an
electronic signature by the authorized person of the notification
obligator. The notification obligator is obliged to submit the
document which the application petition for use the Notification
System and also a written declaration which shows that the
authorized person is individually authorized to notice to the EMRA
on behalf of the notification obligator.
The Notices is made through the notification forms which
determined by the Energy Market Regulatory Board decision and
published on the EMRA'a web site.
The notification obligator is obliged to take all the measures
to establish appropriate technical infrastructure, to authorize an
authorized person who are qualified.
The Instruction includes the rules regarding the notification
obligations under the Regulation. The Regulation sets principles
and procedures such as making and amending notifications,
collecting notice, authorization and confidentially.
According to the Instruction, the obligation of notification
covers the period of license is valid and the periods for the real
and legal persons which specified in the Instruction unless
otherwise stated. If the obligator is not engage in an activity in
the notification period, shall not abolish the obligation of
notification. In this case the obligator shall make the
notification to indicate that there are no activities in that
period. In the event of the termination or expiration of the
license, the obligator shall make notices regarding the activities
which before the cancellation and the obligator shall make the
notices in written instead of electronic signature.
The Regulation allows licensees to inform EMRA regarding any
information which the licensee is obliged to provide EMRA through
the online information system as stated in Instruction.
The notification obligator can make a request for revision
regarding the notices by specifying the grounds. In case the
revisions accepted by the EMRA, they can make revisions on the
notices which they have done before, within the specified time in
the Instruction. In this case the most recently notice is
On the other hand the Regulation covers general principles of
online notifications which will be conducted through online system
to be maintained by the Energy Market Regulatory Authority for
electricity, natural gas, oil market and LPG markets.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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