Incentive component 2012

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 MW average of exchanges (MW)
12/24/2012 upto/including 12/30/2012 20 -4.7 unchanged 01/02/2013 0
12/17/2012 upto/including 12/23/2012 25 4.1 unchanged 12/26/2012 0
12/10/2012 upto/including 12/16/2012 22 15.5 unchanged 12/19/2012 0
12/03/2012 upto/including 12/09/2012 20 9.9 unchanged 12/12/2012 0
11/26/2012 upto/including 12/02/2012 22 11.5 unchanged 12/05/2012 0
11/19/2012 upto/including 11/25/2012 29 1.6 unchanged 11/28/2012 0
11/12/2012 upto/including 11/18/2012 17 7.3 unchanged 11/21/2012 0
11/05/2012 upto/including 11/11/2012 29 14.8 unchanged 11/14/2012 0
10/29/2012 upto/including 11/04/2012 18 12.6 unchanged 11/07/2012 0
10/22/2012 upto/including 10/28/2012 21 11.3 unchanged 10/31/2012 0
10/15/2012 upto/including 10/21/2012 15 13.7 unchanged 10/24/2012 0
10/08/2012 upto/including 10/14/2012 6 -1.8 unchanged 10/17/2012 0
10/01/2012 upto/including 10/07/2012 11 7.6 unchanged 10/10/2012 0
09/24/2012 upto/including 09/30/2012 10 -1.6 unchanged 10/03/2012 0
09/17/2012 upto/including 09/23/2012 9 -2.2 unchanged 09/26/2012 0
09/10/2012 upto/including 09/16/2012 6 -1.7 unchanged 09/19/2012 0
09/03/2012 upto/including 09/09/2012 13 11.1 unchanged 09/12/2012 0
08/27/2012 upto/including 09/02/2012 15 -1.4 unchanged 09/05/2012 0
08/20/2012 upto/including 08/26/2012 14 8.8 unchanged 08/29/2012 0
08/13/2012 upto/including 08/19/2012 18 11.6 unchanged 08/22/2012 0
08/06/2012 upto/including 08/12/2012 2 -4.8 unchanged 08/15/2012 0
07/30/2012 upto/including 08/05/2012 1 -5.9 unchanged 08/08/2012 0
07/23/2012 upto/including 07/29/2012 3 7.4 unchanged 08/01/2012 0
07/16/2012 upto/including 07/22/2012 4 -0.8 unchanged 07/25/2012 0
07/09/2012 upto/including 07/15/2012 8 -10.6 unchanged 07/18/2012 0
07/02/2012 upto/including 07/08/2012 7 10.4 unchanged 07/11/2012 0
06/25/2012 upto/including 07/01/2012 7 4.7 unchanged 07/04/2012 0
06/18/2012 upto/including 06/24/2012 9 -0.9 unchanged 06/27/2012 0
06/11/2012 upto/including 06/17/2012 10 -4.7 unchanged 06/20/2012 0
06/04/2012 upto/including 06/10/2012 6 -9.0 unchanged 06/13/2012 0
05/28/2012 upto/including 06/03/2012 5 -5.5 unchanged 06/06/2012 0
05/21/2012 upto/including 05/27/2012 15 13.0 unchanged 05/30/2012 0
05/14/2012 upto/including 05/20/2012 9 -6.8 unchanged 05/23/2012 0
05/07/2012 upto/including 05/13/2012 8 4.6 unchanged 05/16/2012 0
04/30/2012 upto/including 05/06/2012 1 3.3 unchanged 05/09/2012 0
04/23/2012 upto/including 04/29/2012 6 1.1 unchanged 05/02/2012 0
04/16/2012 upto/including 04/22/2012 13 13.3 unchanged 04/25/2012 0
04/09/2012 upto/including 04/15/2012 10 7.5 unchanged 04/18/2012 0
04/02/2012 upto/including 04/08/2012 10 2.9 unchanged 04/11/2012 0
03/26/2012 upto/including 04/01/2012 7 -5.0 unchanged 04/04/2012 0
03/19/2012 upto/including 03/25/2012 12 -5.6 unchanged 03/28/2012 0
03/12/2012 upto/including 03/18/2012 8 -2.4 unchanged 03/21/2012 0
03/05/2012 upto/including 03/11/2012 7 -2.5 unchanged 03/14/2012 0
02/27/2012 upto/including 03/04/2012 13 2.1 unchanged 03/07/2012 0
02/20/2012 upto/including 02/26/2012 9 -3.5 unchanged 02/29/2012 0
02/13/2012 upto/including 02/19/2012 16 -4.2 unchanged 02/22/2012 0
02/06/2012 upto/including 02/12/2012 29 4.7 changed 02/15/2012 0
01/30/2012 upto/including 02/05/2012 50 22.4 changed 02/08/2012 1
01/23/2012 upto/including 01/29/2012 19 2.8 unchanged 02/01/2012 0
01/16/2012 upto/including 01/22/2012 28 2.7 unchanged 01/25/2012 0
01/09/2012 upto/including 01/15/2012 33 6.6 unchanged 01/18/2012 0
01/02/2012 upto/including 01/08/2012 32 -2.4 unchanged 01/11/2012 0