Incentive Component 2009

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.                                                        


*The number of exchanges greater than 300 MW is 41. As some of these exchanges can be attributed to the recent failure of the NorNed cable, the incentive component will not be raised. 

 

**The results of the  observations are affected by an administrative controversy between TSO's; should this have resulted in actually exceeding one of the criteria, the incentive component would not have been raised.

week

results of the observations

 incentive component  commencing date

results EUR/MWh

 exchanges   greater than  300   average of exchanges (MW)
04-01-2010 upto/including 10-01-2010 20 15,3 unchanged 13-01-2010 0
28-12-2009 upto/including 03-01-2010 24 6,7 unchanged 06-01-2010 0
21-12-2009 upto/including 27-12-2009 18 14,5 unchanged 30-12-2009 0
14-12-2009 upto/including 20-12-2009 15 12,7 unchanged 23-12-2009 0
07-12-2009 upto/including 13-12-2009 11 4,9 unchanged 16-12-2009 0
30-11-2009 upto/including 06-12-2009 14 4,4 unchanged 09-12-2009 0
23-11-2009 upto/including 29-11-2009 29 6,6 unchanged 02-12-2009 0
16-11-2009 upto/including 22-11-2009 17 -1,5 unchanged 25-11-2009 0
09-11-2009 upto/including 15-11-2009 18 0,9 unchanged 18-11-2009 0
02-11-2009 upto/including 08-11-2009 5 -1,1 unchanged 11-11-2009 0
26-10-2009 upto/including 01-11-2009 3 0,0 unchanged 04-11-2009 0
19-10-2009 upto/including 25-10-2009 24 6,8 unchanged 28-10-2009 0
12-10-2009 upto/including 18-10-2009 9 -3,6 unchanged 21-10-2009 0
05-10-2009 upto/including 11-10-2009 17 8,1 unchanged 14-10-2009 0
28-09-2009 upto/including 04-10-2009 12 -1,4 unchanged 07-10-2009 0
21-09-2009 upto/including 27-09-2009 13 1,9 unchanged 30-09-2009 0
14-09-2009 upto/including 20-09-2009 15 -1,5 unchanged 23-09-2009 0
07-09-2009 upto/including 13-09-2009 24 2,0 unchanged 16-09-2009 0
31-08-2009 upto/including 06-09-2009 15 0,5 unchanged 09-09-2009 0
24-08-2009 upto/including 30-08-2009 24 4,6 unchanged 02-09-2009 0
17-08-2009 upto/including 23-08-2009 35 -0,1 unchanged 26-08-2009 0
10-08-2009 upto/including 16-08-2009 3 0,6 unchanged 19-08-2009 0
03-08-2009 upto/including 09-08-2009 8 7,5 unchanged 12-08-2009 0
27-07-2009 upto/including 02-08-2009 15 12,9 unchanged 05-08-2009 0
20-07-2009 upto/including 26-07-2009 9 11,5 unchanged 29-07-2009 0
13-07-2009 upto/including 19-07-2009 5 4,0 unchanged 22-07-2009 0
06-07-2009 upto/including 12-07-2009 8 -0,9 unchanged 15-07-2009 0
29-06-2009 upto/including 05-07-2009 19 1,2 unchanged 08-07-2009 0
22-06-2009 upto/including 28-06-2009 8 3.3 unchanged 01-07-2009 0
15-06-2009 upto/including 21-06-2009 2 -1,8 unchanged 24-06-2009 0
08-06-2009 upto/including 14-06-2009 7 -7,6 unchanged 17-06-2009 0
01-06-2009 upto/including 07-06-2009** 28 -13,6 unchanged 10-06-2009 0
25-05-2009 upto/including 31-05-2009 10 -0,5 unchanged 03-06-2009 0
18-05-2009 upto/including 24-05-2009 9 -1,9 unchanged 27-05-2009 0
11-05-2009 upto/including 17-05-2009 30 8,5 unchanged 20-05-2009 0
04-05-2009 upto/including 10-05-2009 9 1,0 unchanged  13-05-2009 0
27-04-2009 upto/including 03-05-2009 7 -1,0 unchanged 06-05-2009 0
20-04-2009 upto/including 26-04-2009 6 -0,1 unchanged 29-04-2009 0
13-04-2009 upto/including 19-04-2009 12 1,1 unchanged 22-04-2009 0
06-04-2009 upto/including 12-04-2009 24 3,5 unchanged 15-04-2009 0
30-03-2009 upto/including 05-04-2009 35 1,3 unchanged 08-04-2009 0
23-03-2009 upto/including 29-03-2009 38 1,3 unchanged 01-04-2009 0
16-03-2009 upto/including 22-03-2009 22 0,3 unchanged 25-03-2009 0
09-03-2009 upto/including 15-03-2009 20 -11,3 unchanged 18-03-2009 0
02-03-2009 upto/including 08-03-2009 36 -0,3 unchanged 11-03-2009 0
23-02-2009 upto/including 01-03-2009 26 1,7 unchanged 04-03-2009 0
16-02-2009 upto/including 22-02-2009 34 -3,8 changed 25-02-2009 0
09-02-2009 upto/including 15-02-2009 37 -0,5 changed 18-02-2009 2
02-02-2009 upto/including 08-02-2009* 41 1,9  changed 11-02-2009 4
26-01-2009 upto/including 01-02-2009 24 -0,6 unchanged 04-02-2009 5
19-01-2009 upto/including 25-01-2009 44 1,3 changed 28-01-2009 5
12-01-2009 upto/including 18-01-2009 42 -0,7 changed 21-01-2009 3
05-01-2009 upto/including 11-01-2009 48 5,6 changed 14-01-2009 1
29-12-2008 upto/including 04-01-2009 11 2,8 unchanged 07-01-2009 0