# The Electricity (Criteria for Relevant Electricity Projects) (Transmission) Regulations 2024, Article 7: Consumer benefit criterion in respect of an early-model tender exercise


(1) A cost-benefit analysis in respect of a project must demonstrate that the non-tendered consumer impact does not outweigh the tendered consumer impact.
(2) In this regulation—
“cost-benefit analysis” means—
(a) an analysis of the costs and of the benefits to consumers; and
(b) a reasonable estimate of those costs and of those benefits;
“non-tendered consumer impact” means the estimated overall impact of a network need being addressed otherwise than through a tender exercise;
“tendered consumer impact” means the estimated overall impact of a network need being addressed by a project through a tender exercise.

---
Source: https://www.legislation.gov.uk/uksi/2024/168/article/7 (the official version)
Page: https://openlegislation.uk/electricity-criteria-for-relevant-electricity-projects-transmission-regulations-2024/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.