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:
week | results of the observations | incentive component | commencing date | results EUR/MWh | |
---|---|---|---|---|---|
exchanges greater than 300 MW | average of exchanges (MW) | ||||
06/01/2020 upto/including 06/07/2020 | 11 | 0.0 | unchanged | 06/10/2020 | 0 |
05/25/2020 upto/including 05/31/2020 | 33 | -7.7 | unchanged | 06/03/2020 | 0 |
05/18/2020 upto/including 05/24/2020 | 14 | -2.7 | unchanged | 05/27/2020 | 0 |
05/11/2020 upto/including 05/17/2020 | 9 | -2.6 | unchanged | 05/20/2020 | 0 |
05/04/2020 upto/including 05/10/2020 | 13 | -1.7 | unchanged | 05/13/2020 | 0 |
04/27/2020 upto/including 05/03/2020 | 18 | -4.9 | unchanged | 05/06/2020 | 0 |
04/20/2020 upto/including 04/26/2020 | 7 | -4.5 | unchanged | 04/29/2020 | 0 |
04/13/2020 upto/including 04/19/2020 | 11 | -4.7 | unchanged | 04/22/2020 | 0 |
04/06/2020 upto/including 04/12/2020 | 16 | -6.4 | unchanged | 04/15/2020 | 0 |
03/30/2020 upto/including 04/05/2020 | 16 | -1.1 | unchanged | 04/08/2020 | 0 |
03/23/2020 upto/including 03/29/2020 | 19 | -16.8 | unchanged | 04/01/2020 | 0 |
03/16/2020 upto/including 03/22/2020 | 13 | -13.3 | unchanged | 03/25/2020 | 0 |
03/09/2020 upto/including 03/15/2020 | 20 | -6.9 | unchanged | 03/18/2020 | 0 |
03/02/2020 upto/including 03/08/2020 | 6 | -3.3 | unchanged | 03/11/2020 | 0 |
02/24/2020 upto/including 03/01/2020 | 5 | -7.7 | unchanged | 03/04/2020 | 0 |
02/17/2020 upto/including 02/23/2020 | 6 | -6.1 | unchanged | 02/26/2020 | 0 |
02/10/2020 upto/including 02/16/2020 | 13 | -1.2 | unchanged | 02/19/2020 | 0 |
02/03/2020 upto/including 02/09/2020 | 18 | -4.1 | unchanged | 02/12/2020 | 0 |
01/27/2020 upto/including 02/02/2020 | 23 | -9.6 | changed | 02/05/2020 | 0 |
01/20/2020 upto/including 01/26/2020 | 44 | 7.0 | changed | 01/29/2020 | 1 |
01/13/2020 upto/including 01/19/2020 | 18 | -1.3 | unchanged | 01/22/2020 | 0 |
01/06/2020 upto/including 01/12/2020 | 15 | -3.9 | unchanged | 01/15/2020 | 0 |
12/30/2019 upto/including 01/05/2020 | 34 | -12.3 | unchanged | 01/08/2020 | 0 |