MSC analysis of high annual import prices and green tickets

The results of the auction for annual import capacity from Germany for 2002, held in November 2001, were, at 18 Eur/MWh, significantly higher than the previous year. This price increase has been attributed by some to the change in the Electricity Act 1998, as of January 2002, making physically imported green energy eligible for green certification, and the associated exemption from eco-tax (REB) when supplied to Dutch green energy customers. DTe requested the MSC to assess whether the high interconnection prices can indeed be explained by these causes, or whether other reasons can be identified.