Incentive component 2011

The incentive component is the component of the imbalance price that is intended to encourage market parties to actually keep to bids of regulating and reserve capacity used by TenneT to maintain and restore the balance, and as an incentive to minimise the imbalance to be settled.

The System Code contains stipulations about the incentive component.

The objective factors based on which TenneT will adjust the height of the incentive component have been laid down in the report on the imbalance pricing system as at 1 January 2001, which was revised on 26 October 2005. You can download this document as a PDF-file at the bottom of this webpage (only available in Dutch).

The System Code stipulates that the height of the incentive component must be published.

Explanation
The incentive component will be increased if at least one of the following criteria is not met:

  • the number of inadvertent exchanges over five minutes that, converted to MW, are greater than 300 MW and less than -/- 300 MW, is less than 40; 
  • the weekly average of inadvertent exchanges over five minutes, converted to MW, is greater than -/- 20 MW and less than 20 MW.                                                                       
week

results of the observations

 incentive component  commencing date

results EUR/MWh

 exchanges   greater than  300   average of exchanges (MW)
26-12-2011 upto/including 01-01-2012 16 -4,9 changed 04-01-2012 0
19-12-2011 upto/including 25-12-2011 43 3,7 changed 28-12-2011 3
12-12-2011 upto/including 18-12-2011 42 17,4 changed 21-12-2011 1
05-12-2011 upto/including 11-12-2011 32 8,6 changed 14-12-2011 0
28-11-2011 upto/including 04-12-2011 48 9,3 changed 07-12-2011 5
21-11-2011 upto/including 27-11-2011 47 5,2 changed 30-11-2011 3
14-11-2011 upto/including 20-11-2011 63 7,4 changed 23-11-2011 1
07-11-2011 upto/including 13-11-2011 30 4,6 unchanged 16-11-2011 0
31-10-2011 upto/including 06-11-2011 27 6,0 unchanged 09-11-2011 0
24-10-2011 upto/including 30-10-2011 18 4,2 changed 02-11-2011 0
17-10-2011 upto/including 23-10-2011 42 1,9 changed 26-10-2011 1
10-10-2011 upto/including 16-10-2011 31 2,2 unchanged 19-10-2011 0
03-10-2011 upto/including 09-10-2011 37 4,6 unchanged 12-10-2011 0
26-09-2011 upto/including 02-10-2011 30 8,3 unchanged 05-10-2011 0
19-09-2011 upto/including 25-09-2011 30 -2,9 unchanged 28-09-2011 0
12-09-2011 upto/including 18-09-2011 21 -4,1 unchanged 21-09-2011 0
05-09-2011 upto/including 11-09-2011 22 3,6 unchanged 14-09-2011 0
29-08-2011 upto/including 04-09-2011 18 -5,7 unchanged 07-09-2011 0
22-08-2011 upto/including 28-08-2011 34 -0,4 unchanged 31-08-2011 0
15-08-2011 upto/including 21-08-2011 12 -9,8 unchanged 24-08-2011 0
08-08-2011 upto/including 14-08-2011 12 -3,1 unchanged 17-08-2011 0
01-08-2011 upto/including 07-08-2011 12 3,6 unchanged 10-08-2011 0
25-07-2011 upto/including 31-07-2011 15 -0,7 unchanged 03-08-2011 0
18-07-2011 upto/including 24-07-2011 4 -5,3 unchanged 27-07-2011 0
11-07-2011 upto/including 17-07-2011 15 -3,9 unchanged 20-07-2011 0
04-07-2011 upto/including 10-07-2011 15 0,3 unchanged 13-07-2011 0
27-06-2011 upto/including 03-07-2011 26 2,3 unchanged 06-07-2011 0
20-06-2011 upto/including 26-06-2011 12 -10,8 unchanged 29-06-2011 0
13-06-2011 upto/including 19-06-2011  21 -6,3 unchanged 22-06-2011 0
06-06-2011 upto/including 12-06-2011 16 -9,8 unchanged 15-06-2011 0
30-05-2011 upto/including 05-06-2011 25 -0,1 unchanged 08-06-2011 0
23-05-2011 upto/including 29-05-2011 6 4,6 unchanged 01-06-2011 0
16-05-2011 upto/including 22-05-2011 12 3,7 unchanged 25-05-2011 0
09-05-2011 upto/including 15-05-2011 8 7,7 unchanged 18-05-2011 0
02-05-2011 upto/including 08-05-2011 28 10,0 unchanged 11-05-2011 0
25-04-2011 upto/including 01-05-2011 27 -4,4 unchanged 04-05-2011 0
18-04-2011 upto/including 24-04-2011 21 12,7 unchanged 27-04-2011 0
11-04-2011 upto/including 17-04-2011 18 -0,5 changed 20-04-2011 0
04-04-2011 upto/including 10-04-2011 54 3,0 changed 13-04-2011 1
28-03-2011 upto/including 03-04-2011 24 3,3 unchanged 06-04-2011 0
21-03-2011 upto/including 27-03-2011 20 -1,0 unchanged 30-03-2011 0
14-03-2011 upto/including 20-03-2011 21 -4,8 unchanged 23-03-2011 0
07-03-2011 upto/including 13-03-2011 9 -1,4 unchanged 16-03-2011 0
28-02-2011 upto/including 06-03-2011 14 -2,7 unchanged 09-03-2011 0
21-02-2011 upto/including 27-02-2011 20 1,1 unchanged 02-03-2011 0
14-02-2011 upto/including 20-02-2011 15 -4,1 unchanged 23-02-2011 0
07-02-2011 upto/including 13-02-2011 31 -5,6 unchanged 16-02-2011 0
31-01-2011 upto/including 06-02-2011 14 -0,2 unchanged 09-02-2011 0
24-01-2011 upto/including 30-01-2011 21 -6,6 unchanged 02-02-2011 0
17-01-2011 upto/including 23-01-2011 38 -12,3 changed 26-01-2011 0
10-01-2011 upto/including 16-01-2011 42 -7,3 changed 19-01-2011 1
03-01-2011 upto/including 09-01-2011 27 -8,4 unchanged 12-01-2011 0
27-12-2010 upto/including 02-01-2011 21 -9,4 unchanged 05-01-2011 0