2. Transmission services and distribution losses

This includes the transmission services invoiced by TenneT and distribution losses related to revenue.

€ Million

2023

2022

Transmission services

446

295

Distribution losses

363

85

Total

809

380

Costs of transmission services and distribution losses rose by € 429 million to € 809 million in 2023. Of this increase, € 151 million was caused by higher TenneT costs for transmission services due to tariff increases (€ 144 million) which was partially offset by volume differences (€ 7 million).

In addition, the costs for distribution losses increased by € 278 million. Of this increase, € 244 million is attributable to electricity (€ 206 million due to price differences as a result of higher energy prices, € 28 million due to volume differences and € 10 million other grid losses, also due to metering errors of third parties). The grid losses arising from the transmission of gas rose by € 34 million (€ 29 million due to price difference caused by rising energy prices and € 5 million due to volume differences).

Enexis Netbeheer B.V. divides the transmitted energy over its customers through its allocation and reconciliation process. In this case, the allocation is the advance and the reconciliation is the final settlement. The difference between the energy taken up by the distribution grid and the energy allocated to end users after allocation and reconciliation is the distribution loss. The reconciliation of the calendar year in question is only finalised after a reconciliation process that takes 20 months. Using forecasts, Enexis Netbeheer B.V. tries to estimate the final reconciliation result as accurately as possible in order to ultimately minimise the distribution loss. User profiles, the actual annual feed-in, and historical data are used as input for these forecasts. The loss from reconciliation amounted to € 44 million in 2023 (2022: € 7 million gain).

For more information about Enexis's policy regarding controlling the risks in connection with distribution losses, reference is made to note 31. Financing policy and risks associated with financial instruments in the consolidated financial statements 2023 of Enexis Holding N.V.