Incentive component 2014

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 per week, 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 MW average of exchanges (MW)
12/22/2014 upto/including 12/28/2014 17 -11.1 changed 12/31/2014 0
12/15/2014 upto/including 12/21/2014 46 -6.8 changed 12/24/2014 1
12/08/2014 upto/including 12/14/2014 20 9.5 unchanged 12/17/2014 0
12/01/2014 upto/including 12/07/2014 7 -3.7 unchanged 12/10/2014 0
11/24/2014 upto/including 11/30/2014 5 -10.8 unchanged 12/03/2014 0
11/17/2014 upto/including 11/23/2014 9 -5.9 unchanged 11/26/2014 0
11/10/2014 upto/including 11/16/2014 10 -7.2 unchanged 11/19/2014 0
11/03/2014 upto/including 11/09/2014 3 -11.1 unchanged 11/12/2014 0
10/27/2014 upto/including 11/02/2014 9 -14.4 unchanged 11/05/2014 0
10/20/2014 upto/including 10/26/2014 7 -9.6 unchanged 10/29/2014 0
10/13/2014 upto/including 10/19/2014 22 -8.7 unchanged 10/22/2014 0
10/06/2014 upto/including 10/12/2014 2 -4.7 unchanged 10/15/2014 0
09/29/2014 upto/including 10/05/2014 9 -5.1 unchanged 10/08/2014 0
09/22/2014 upto/including 09/28/2014 15 -9.0 unchanged 10/01/2014 0
09/15/2014 upto/including 09/21/2014 14 0.0 unchanged 09/24/2014 0
09/08/2014 upto/including 09/14/2014 10 -7.7 unchanged 09/17/2014 0
09/01/2014 upto/including 09/07/2014 12 4.3 unchanged 09/10/2014 0
08/25/2014 upto/including 08/31/2014 2 -15.0 unchanged 09/03/2014 0
08/18/2014 upto/including 08/24/2014 4 -12.1 unchanged 08/27/2014 0
08/11/2014 upto/including 08/17/2014 1 -14.1 unchanged 08/20/2014 0
08/04/2014 upto/including 08/10/2014 5 -12.9 unchanged 08/13/2014 0
07/28/2014 upto/including 08/03/2014 5 -8.5 unchanged 08/06/2014 0
07/21/2014 upto/including 07/27/2014 3 -12.9 unchanged 07/30/2014 0
07/14/2014 upto/including 07/20/2014 8 -7.0 unchanged 07/23/2014 0
07/07/2014 upto/including 07/13/2014 9 -3.9 unchanged 07/16/2014 0
06/30/2014 upto/including 07/06/2014 6 -9.7 unchanged 07/09/2014 0
06/23/2014 upto/including 06/29/2014 2 -4.4 unchanged 07/02/2014 0
06/16/2014 upto/including 06/22/2014 3 -9.6 unchanged 06/25/2014 0
06/09/2014 upto/including 06/15/2014 14 -8.9 unchanged 06/18/2014 0
06/02/2014 upto/including 06/08/2014 7 -5.3 unchanged 06/11/2014 0
05/26/2014 upto/including 06/01/2014 4 -4.9 unchanged 06/04/2014 0
05/19/2014 upto/including 05/25/2014 7 1.2 unchanged 05/28/2014 0
05/12/2014 upto/including 05/18/2014 3 -2.8 unchanged 05/21/2014 0
05/05/2014 upto/including 05/11/2014 9 -0.9 unchanged 05/14/2014 0
04/28/2014 upto/including 05/04/2014 1 -1.3 unchanged 05/07/2014 0
04/21/2014 upto/including 04/27/2014 5 0.0 unchanged 04/30/2014 0
04/14/2014 upto/including 04/20/2014 5 -11.0 unchanged 04/23/2014 0
04/07/2014 upto/including 04/13/2014 9 -3.3 unchanged 04/16/2014 0
03/31/2014 upto/including 04/06/2014 5 0.0 unchanged 04/09/2014 0
03/24/2014 upto/including 03/30/2014 11 -0.6 unchanged 04/02/2014 0
03/17/2014 upto/including 03/23/2014 16 -4.0 unchanged 03/26/2014 0
03/10/2014 upto/including 03/16/2014 6 -10.2 unchanged 03/19/2014 0
03/03/2014 upto/including 03/09/2014 11 -4.0 unchanged 03/12/2014 0
02/24/2014 upto/including 03/02/2014 4 -9.8 unchanged 03/05/2014 0
02/17/2014 upto/including 02/23/2014 4 -7.3 unchanged 02/26/2014 0
02/10/2014 upto/including 02/16/2014 18 1.5 unchanged 02/19/2014 0
02/03/2014 upto/including 02/09/2014 7 0.5 unchanged 02/12/2014 0
01/27/2014 upto/including 02/02/2014 9 -4.4 unchanged 02/05/2014 0
01/20/2014 upto/including 01/26/2014 16 1.6 unchanged 01/29/2014 0
01/13/2014 upto/including 01/19/2014 4 -2.0 unchanged 01/22/2014 0
01/06/2014 upto/including 01/12/2014 14 -1.9 unchanged 01/15/2014 0
12/30/2013 upto/including 01/05/2014 9 -4.4 unchanged 01/08/2014 0