{
  "url": "https://openlegislation.uk/eu-regulation-2017-2195/article-61",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-2195/article-61.json",
  "legislation": "eur/2017/2195",
  "legislation_title": "Commission Regulation (EU) 2017/2195 of 23 November 2017 establishing a guideline on electricity balancing (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-2195",
  "path": "article/61",
  "kind": "article",
  "number": "61",
  "heading": "Cost-benefit analysis",
  "text": "1. 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 regulatory authority by six months before the start of the cost-benefit analysis. The ... regulatory authorities shall be entitled to ... require amendments to the criteria and methodology.\n2. The cost-benefit analysis shall at least take into account:\n(a) the technical feasibility;\n(b) the economic efficiency;\n(c) the impact on competition and integration of balancing markets;\n(d) the costs and benefits of implementation;\n(e) the impact on ... balancing costs;\n(f) the potential impact on ... electricity market prices;\n(g) the ability of TSOs and balancing responsible parties to fulfil their obligations;\n(h) the impact on market parties in terms of additional technical or IT requirements assessed in cooperation with the affected stakeholders.\n3. All concerned TSOs shall provide the results of the cost-benefit analysis to the regulatory authority, together with a justified proposal on how to address possible issues identified by the cost-benefit analysis.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/2195/article/61",
    "retrieved_at": "2026-11-01T14:44:25.262600+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}