Article 61 Cost-benefit analysis

United Kingdom

When TSOs are required to carry out a cost-benefit analysis pursuant to this Regulation, they shall establish the criteria and methodology for the cost-benefit analysis and submit them to the F1regulatory authority by six months before the start of the cost-benefit analysis. The F2... regulatory authorities shall be entitled to F3... require amendments to the criteria and methodology.

The cost-benefit analysis shall at least take into account:

(a)

the technical feasibility;

(b)

the economic efficiency;

(c)

the impact on competition and integration of balancing markets;

(d)

the costs and benefits of implementation;

(e)

the impact on F4... balancing costs;

(f)

the potential impact on F5... electricity market prices;

(g)

the ability of TSOs and balancing responsible parties to fulfil their obligations;

(h)

the impact on market parties in terms of additional technical or IT requirements assessed in cooperation with the affected stakeholders.

All concerned TSOs shall provide the results of the cost-benefit analysis to F6the regulatory authority, together with a justified proposal on how to address possible issues identified by the cost-benefit analysis.

Annotations

Textual amendments

F1: Words in Art. 61(1) substituted (31.12.2020) by The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(2)(a); 2020 c. 1, Sch. 5 para. 1(1)
F2: Word in Art. 61(1) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(2)(b)(i); 2020 c. 1, Sch. 5 para. 1(1)
F3: Word in Art. 61(1) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(2)(b)(ii); 2020 c. 1, Sch. 5 para. 1(1)
F4: Words in Art. 61(2)(e) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(3)(a); 2020 c. 1, Sch. 5 para. 1(1)
F5: Word in Art. 61(2)(f) omitted (31.12.2020) by virtue of The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(3)(b); 2020 c. 1, Sch. 5 para. 1(1)
F6: Words in Art. 61(3) substituted (31.12.2020) by The Electricity Network Codes and Guidelines (Markets and Trading) (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/532), reg. 1(1), Sch. 2 para. 39(4); 2020 c. 1, Sch. 5 para. 1(1)