Cost-benefit analysis
Article 61
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 relevant regulatory authorities in accordance with Article 37 of Directive 2009/72/EC by six months before the start of the cost-benefit analysis. The relevant regulatory authorities shall be entitled to jointly require amendments to the criteria and methodology. 2. 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 European and national balancing costs; (f) the potential impact on European 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. 3. All concerned TSOs shall provide the results of the cost-benefit analysis to all relevant regulatory authorities, together with a justified proposal on how to address possible issues identified by the cost-benefit analysis.