The Imbalance Pricing System

Publication illustration 01-06-2010 This document describes TenneT’s implementation of Decree by DTe 00127 dated 19-12-2000 as amended by Decree 102055 dated 26-10-2005. These decrees relate to Chapter 3.9 of the Netherlands System Code. Attention is first devoted to the notion of system balancing and the associated duties and roles bestowed upon:

TenneT, in its capacity as administrator of the national high voltage grid,
Programme Responsible Parties (PRPs) with their underlying market players.

The systematics as described contain the computation rules applied to derive the imbalance price per direction1 from:

the established regulation state,
the price of measures having been taken on TenneT’s behalf so as to preserve or restore system balance,
the incentive component.

The financial consequences are explained relative to the system service tariff.
The document finally outlines the grounds on which as well as the ways in which the incentive component will be revised (art. 3.9.8, System Code).

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