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 | average of exchanges (MW) | ||||
24-12-2006 upto/including 31-12-2006 |
5 |
5,1 |
unchanged |
03-01-2007 |
0 |
18-12-2006 upto/including 24-12-2006 |
4 |
8,2 |
unchanged |
27-12-2006 |
0 |
11-12-2006 upto/including 17-12-2006 |
10 |
14,9 |
unchanged |
20-12-2006 |
0 |
04-12-2006 upto/including 10-12-2006 |
17 |
13,2 |
unchanged |
13-12-2006 |
0 |
27-11-2006 upto/including 03-12-2006 |
4 |
8,4 |
unchanged |
06-12-2006 |
0 |
20-11-2006 upto/including 26-11-2006 |
5 |
13,4 |
unchanged |
29-11-2006 |
0 |
12-11-2006 upto/including 19-11-2006 |
3 |
6,2 |
unchanged |
22-11-2006 |
0 |
06-11-2006 upto/including 12-11-2006 |
7 |
11,5 |
unchanged |
15-11-2006 |
0 |
30-10-2006 upto/including 05-11-2006 |
10 |
10,5 |
unchanged |
08-11-2006 |
0 |
23-10-2006 upto/including 29-10-2006 |
1 |
9,6 |
unchanged |
01-11-2006 |
0 |
16-10-2006 upto/including 22-10-2006 |
0 |
4,3 |
unchanged |
25-10-2006 |
0 |
09-10-2006 upto/including 15-10-2006 |
4 |
1,9 |
unchanged |
18-10-2006 |
0 |
02-10-2006 upto/including 08-10-2006 |
2 |
6,0 |
unchanged |
11-10-2006 |
0 |
25-09-2006 upto/including 1-10 2006 |
4 |
-0,4 |
unchanged |
4-10-2006 |
0 |
18-09-2006 upto/including 24-09-2006 |
2 |
0,9 |
unchanged |
27-09-2006 |
0 |
11-09-2006 upto/including 17-09-2006 |
6 |
7,4 |
unchanged |
20-09-2006 |
0 |
04-09-2006 upto/including 10-09-2006 |
8 |
1,1 |
unchanged |
13-09-2006 |
0 |
28-08-2006 upto/including 03-09-2006 |
5 |
3 |
unchanged |
30-08-2006 |
0 |
21-08-2006 upto/including 27-08-2006 |
1 |
-2,5 |
unchanged |
30-08-2006 |
0 |
14-08-2006 upto/including 20-08-2006 |
3 |
3,4 |
unchanged |
23-08-2006 |
0 |
07-08-2006 upto/including 13-08-2006 |
2 |
-6,4 |
unchanged |
16-08-2006 |
0 |
31-07-2006 upto/including 06-08-2006 |
4 |
-8,2 |
unchanged |
09-08-2006 |
0 |
24-07-2006 upto/including 30-07-2006 |
2 |
0,0 |
unchanged |
02-09-2006 |
0 |
17-07-2006 upto/including 23-07-2006 |
6 |
7.7 |
unchanged |
26-07-2006 |
0 |
10-07-2006 upto/including 16-07-2006 |
1 |
- 1.2 |
unchanged |
19-07-2006 |
0 |
03-07-2006 upto/including 09-07-2006 |
10 |
6.3 |
unchanged |
12-07-2006 |
0 |
26-06-2006 upto/including 02-07-2006 |
6 |
- 4.0 |
unchanged |
05-07-2006 |
0 |
19-06-2006 upto/including 25-06-2006 |
4 |
2.9 |
unchanged |
28-06-2006 |
0 |
12-06-2006 upto/including 18-06-2006 |
7 |
11.7 |
unchanged |
21-06-2006 |
0 |
05-06-2006 upto/including 11-06-2006 |
2 |
4.7 |
unchanged |
14-06-2006 |
0 |
29-05-2006 upto/including 04-06-2006 |
5 |
4.3 |
unchanged |
07-06-2006 |
0 |
22-05-2006 upto/including 28-05-2006 |
8 |
5.7 |
unchanged |
31-05-2006 |
0 |
15-05-2006 upto/including 21-05-2006 |
4 |
7.3 |
unchanged |
24-05-2006 |
0 |
08-05-2006 upto/including 14-05-2006 |
6 |
7.9 |
unchanged |
17-05-2006 |
0 |
01-05-2006 upto/including 07-05-2006 |
6 |
3.9 |
unchanged |
10-05-2006 |
0 |
24-04-2006 upto/including 30-04-2006 |
8 |
4.7 |
unchanged |
03-05-2006 |
0 |
17-04-2006 upto/including 23-04-2006 |
1 |
4.2 |
unchanged |
26-04-2006 |
0 |
10-04-2006 upto/including 16-04-2006 |
6 |
5.1 |
unchanged |
19-04-2006 |
0 |
03-04-2006 upto/including 09-04-2006 |
25 |
5.9 |
unchanged |
12-04-2006 |
0 |
27-03-2006 upto/including 02-04-2006 |
18 |
10.6 |
unchanged |
05-04-2006 |
0 |
20-03-2006 upto/including 26-03-2006 |
15 |
12.7 |
unchanged |
29-03-2006 |
0 |
13-03-2006 upto/including 19-03-2006 |
18 |
12.7 |
unchanged |
22-03-2006 |
0 |
06-03-2006 upto/including 12-03-2006 |
23 |
15.0 |
unchanged |
15-03-2006 |
0 |
27-02-2006 upto/including 05-03-2006 |
9 |
9.5 |
unchanged |
08-03-2006 |
0 |
20-02-2006 upto/including 26-02-2006 |
9 |
3.2 |
unchanged |
01-03-2006 |
0 |
13-02-2006 upto/including 19-02-2006 |
6 |
3.4 |
unchanged |
22-02-2006 |
0 |
06-02-2006 upto/including 12-02-2006 |
20 |
5.9 |
unchanged |
15-02-2006 |
0 |
30-01-2006 upto/including 05-02-2006 |
30 |
11.0 |
unchanged |
08-02-2006 |
0 |
23-01-2006 upto/including 29-01-2006 |
19 |
2.4 |
unchanged |
01-02-2006 |
0 |
16-01-2006 upto/including 22-01-2006 |
10 |
0.9 |
unchanged |
25-01-2006 |
0 |
09-01-2006 upto/including 15-01-2006 |
23 |
5.7 |
unchanged |
18-01-2006 |
0 |
02-01-2006 upto/including 08-01-2006 |
10 |
10.2 |
unchanged |
11-01-2006 |
0 |
26-12-2005 upto/including 01-01-2006 |
7 |
13.1 |
unchanged |
04-01-2006 |
0 |