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.