Grant funds (MEP)

Under the Electricity Production (Environmental Quality) Act (MEP), which came into force on 1 July 2003, subsidies are payable to producers. TenneT TSO administers the MEP grants scheme and has transferred this task to EnerQ B.V. The grants and operating costs are covered directly and indirectly, respectively, by contributions from the Ministry of Economic Affairs. This activity was transferred to SenterNovem as of

1 January 2009. An amount of EUR 18.8 million in government subsidies to be received has been included under ‘Accounts receivable and other receivables’.

To be set off against tariffs charged in later years

The sum included under this heading concerns the discrepancy between the actual tariff revenue and the permitted revenue for the year under review. This sum is taken into account when settling the tariffs charged to market parties in future years.

Maintenance of the energy balance between supply and demand

One feature of the system of energy balance maintenance is that TenneT TSO receives payments each year, which are taken into account when settling the tariffs payable for system services in future years.

Top of the page ↑