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:
*Explanation of the incentive component for the period of January 4 up to/including the 10th January 2016.
The number of observations with exchanges greater than 300 MW is higher than 39. Due to the extraordinary system operation circumstances in the Netherlands, specifically in the morning of the 4th of January 2015, is decided not to increase the incentive component.
*Explanation of the incentive component for the period of May 23 up to/including the 29th of May 2016.
The number of observations with an exchange above 300 MW is higher than 39. Due to a long lasting measurement error caused by maintenance activities on international tielines it is decided not to increase the incentive component.
*Explanation of the incentive component for the period of May 30 up to/including the 5th of June 2016.
The number of observations with an exchange above 300 MW is for this week higher than 39. Almost all these observations (77) are caused by incorrect real-time measurement processing in the TSO systems. It is therefore decided not to increase the incentive component.
*Explanation of the incentive component for the period of July 4 up to/including the 10th of July 2016.
The average deviation for this week was above 20 MW but may have been caused for a substantial part by intermittent deviations in real-time measurement equipment of two international tielines. As a result the incentive component remains unchanged at zero.
*Explanation of the incentive component for the period of October 17 up to/including the 23th of October 2016.
The average deviation for this week was above 20 MW but has been caused for a substantial part by a deviation in real-time measurement equipment of two international tielines. As a result the incentive component remains unchanged at zero.
week | results of the observations | incentive component | commencing date | results EUR/MWh | |
---|---|---|---|---|---|
exchanges greater than 300 MW | average of exchanges (MW) | ||||
12/26/2016 upto/including 01/01/2017 | 24 | -1.3 | unchanged | 01/04/2017 | 0 |
12/19/2016 upto/including 12/25/2016 | 18 | -8.4 | changed | 12/28/2016 | 0 |
12/12/2016 upto/including 12/18/2016 | 44 | -3.3 | changed | 12/21/2016 | 1 |
12/05/2016 upto/including 12/11/2016 | 18 | -13.3 | unchanged | 12/14/2016 | 0 |
11/28/2016 upto/including 12/04/2016 | 26 | -13.9 | unchanged | 12/07/2016 | 0 |
11/21/2016 upto/including 11/27/2016 | 35 | -14.7 | unchanged | 11/30/2016 | 0 |
11/14/2016 upto/including 11/20/2016 | 23 | -4.1 | unchanged | 11/23/2016 | 0 |
11/07/2016 upto/including 11/13/2016 | 14 | -5.3 | unchanged | 11/16/2016 | 0 |
10/31/2016 upto/including 11/06/2016 | 12 | -8.9 | unchanged | 11/09/2016 | 0 |
10/24/2016 upto/including 10/30/2016 | 28 | -11.3 | unchanged | 11/02/2016 | 0 |
10/17/2016 upto/including 10/23/2016* | 22 | -21.7 | unchanged | 10/26/2016 | 0 |
10/10/2016 upto/including 10/16/2016 | 17 | -17.8 | unchanged | 10/19/2016 | 0 |
10/03/2016 upto/including 10/09/2016 | 37 | -18.0 | unchanged | 10/12/2016 | 0 |
09/26/2016 upto/including 10/02/2016 | 16 | -15.2 | unchanged | 10/05/2016 | 0 |
09/19/2016 upto/including 09/25/2016 | 8 | -14.4 | unchanged | 09/28/2016 | 0 |
09/12/2016 upto/including 09/18/2016 | 19 | -3.4 | unchanged | 09/21/2016 | 0 |
09/05/2016 upto/including 09/11/2016 | 12 | -6.2 | unchanged | 09/14/2016 | 0 |
08/29/2016 upto/including 09/04/2016 | 7 | -4.9 | unchanged | 09/07/2016 | 0 |
08/22/2016 upto/including 08/28/2016 | 16 | -5.3 | unchanged | 08/31/2016 | 0 |
08/15/2016 upto/including 08/21/2016 | 2 | -6.0 | unchanged | 08/24/2016 | 0 |
08/08/2016 upto/including 08/14/2016 | 4 | 0.1 | unchanged | 08/17/2016 | 0 |
08/01/2016 upto/including 08/07/2016 | 3 | -1.8 | unchanged | 08/10/2016 | 0 |
07/25/2016 upto/including 07/31/2016 | 9 | -2.0 | unchanged | 08/03/2016 | 0 |
07/18/2016 upto/including 07/24/2016 | 22 | 11.1 | unchanged | 07/27/2016 | 0 |
07/11/2016 upto/including 07/17/2016 | 7 | 15.0 | unchanged | 07/20/2016 | 0 |
07/04/2016 upto/including 07/10/2016* | 5 | 23.4 | unchanged | 07/13/2016 | 0 |
06/27/2016 upto/including 07/03/2016 | 9 | 13.8 | unchanged | 07/06/2016 | 0 |
06/20/2016 upto/including 06/26/2016 | 6 | 9.9 | unchanged | 06/29/2016 | 0 |
06/13/2016 upto/including 06/19/2016 | 4 | 7.3 | unchanged | 06/22/2016 | 0 |
06/06/2016 upto/including 06/12/2016 | 7 | -4.1 | unchanged | 06/15/2016 | 0 |
05/30/2016 upto/including 06/05/2016* | 82 | -21.4 | unchanged | 06/08/2016 | 0 |
05/23/2016 upto/including 05/29/2016* | 61 | -16.3 | unchanged | 06/01/2016 | 0 |
05/16/2016 upto/including 05/22/2016 | 9 | -8.2 | unchanged | 05/25/2016 | 0 |
05/09/2016 upto/including 05/15/2016 | 7 | -6.9 | unchanged | 05/18/2016 | 0 |
05/02/2016 upto/including 05/08/2016 | 1 | -8.1 | unchanged | 05/11/2016 | 0 |
04/25/2016 upto/including 05/01/2016 | 7 | -5.5 | unchanged | 05/04/2016 | 0 |
04/18/2016 upto/including 04/24/2016 | 6 | -12.6 | unchanged | 04/27/2016 | 0 |
04/11/2016 upto/including 04/17/2016 | 3 | -7.6 | unchanged | 04/20/2016 | 0 |
04/04/2016 upto/including 04/10/2016 | 13 | -4.5 | unchanged | 04/13/2016 | 0 |
03/28/2016 upto/including 04/03/2016 | 16 | -7.8 | unchanged | 04/06/2016 | 0 |
03/21/2016 upto/including 03/27/2016 | 15 | -11.2 | unchanged | 03/30/2016 | 0 |
03/14/2016 upto/including 03/20/2016 | 12 | -12.3 | unchanged | 03/23/2016 | 0 |
03/07/2016 upto/including 03/13/2016 | 15 | -10.8 | unchanged | 03/16/2016 | 0 |
02/29/2016 upto/including 03/06/2016 | 9 | -6.4 | unchanged | 03/09/2016 | 0 |
02/22/2016 upto/including 02/28/2016 | 11 | -14.5 | unchanged | 03/02/2016 | 0 |
02/15/2016 upto/including 02/21/2016 | 4 | -8.5 | unchanged | 02/24/2016 | 0 |
02/08/2016 upto/including 02/14/2016 | 14 | -13.9 | unchanged | 02/17/2016 | 0 |
02/01/2016 upto/including 02/07/2016 | 26 | -12.2 | unchanged | 02/10/2016 | 0 |
01/25/2016 upto/including 01/31/2016 | 39 | -15.2 | unchanged | 02/03/2016 | 0 |
01/18/2016 upto/including 01/24/2016 | 14 | -5.0 | unchanged | 01/27/2016 | 0 |
01/11/2016 upto/including 01/17/2016 | 11 | -9.0 | unchanged | 01/20/2016 | 0 |
01/04/2016 upto/including 01/10/2016* | 44 | 1.9 | unchanged | 01/13/2016 | 0 |