Incentive component 2020

The incentive component has been abolished as of 9th of June 2020 as part of the imbalance price system.
This is the result of an ACM decision in which some articles of the Network Code have been amended.
TenneT has therefore stopped publishing the height of the incentive component.
The table below contains the information about the incentive component up to and including the 7th of June 2020.

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)
06/01/2020 upto/including 06/07/2020 11 0.0 unchanged 06/10/2020 0
05/25/2020 upto/including 05/31/2020 33 -7.7 unchanged 06/03/2020 0
05/18/2020 upto/including 05/24/2020 14 -2.7 unchanged 05/27/2020 0
05/11/2020 upto/including 05/17/2020 9 -2.6 unchanged 05/20/2020 0
05/04/2020 upto/including 05/10/2020 13 -1.7 unchanged 05/13/2020 0
04/27/2020 upto/including 05/03/2020 18 -4.9 unchanged 05/06/2020 0
04/20/2020 upto/including 04/26/2020 7 -4.5 unchanged 04/29/2020 0
04/13/2020 upto/including 04/19/2020 11 -4.7 unchanged 04/22/2020 0
04/06/2020 upto/including 04/12/2020 16 -6.4 unchanged 04/15/2020 0
03/30/2020 upto/including 04/05/2020 16 -1.1 unchanged 04/08/2020 0
03/23/2020 upto/including 03/29/2020 19 -16.8 unchanged 04/01/2020 0
03/16/2020 upto/including 03/22/2020 13 -13.3 unchanged 03/25/2020 0
03/09/2020 upto/including 03/15/2020 20 -6.9 unchanged 03/18/2020 0
03/02/2020 upto/including 03/08/2020 6 -3.3 unchanged 03/11/2020 0
02/24/2020 upto/including 03/01/2020 5 -7.7 unchanged 03/04/2020 0
02/17/2020 upto/including 02/23/2020 6 -6.1 unchanged 02/26/2020 0
02/10/2020 upto/including 02/16/2020 13 -1.2 unchanged 02/19/2020 0
02/03/2020 upto/including 02/09/2020 18 -4.1 unchanged 02/12/2020 0
01/27/2020 upto/including 02/02/2020 23 -9.6 changed 02/05/2020 0
01/20/2020 upto/including 01/26/2020 44 7.0 changed 01/29/2020 1
01/13/2020 upto/including 01/19/2020 18 -1.3 unchanged 01/22/2020 0
01/06/2020 upto/including 01/12/2020 15 -3.9 unchanged 01/15/2020 0
12/30/2019 upto/including 01/05/2020 34 -12.3 unchanged 01/08/2020 0