Commission Regulation (EU) 2016/1447Show full title

Article 65 U.K. Identification of costs and benefits of application of requirements to existing HVDC systems or DC-connected power park modules

1. Prior to the application of any requirement set out in this Regulation to existing HVDC systems or DC-connected power park modules in accordance with paragraph 3 of Article 4, the relevant TSO shall undertake a qualitative comparison of costs and benefits related to the requirement under consideration. This comparison shall take into account available network-based or market-based alternatives. The relevant TSO may only proceed to undertake a quantitative cost-benefit analysis in accordance with paragraphs 2 to 5, if the qualitative comparison indicates that the likely benefits exceed the likely costs. If, however, the cost is deemed high or the benefit is deemed low, then the relevant TSO shall not proceed further.

2. Following a preparatory stage undertaken in accordance with paragraph 1, the relevant TSO shall carry out a quantitative cost-benefit analysis of any requirement under consideration for application to existing HVDC systems or DC-connected power park modules that have demonstrated potential benefits as a result of the preparatory stage according to paragraph 1.

3. Within three months of concluding the cost-benefit analysis, the relevant TSO shall summarise the findings in a report which shall:

(a) include the cost-benefit analysis and a recommendation on how to proceed;

(b) include a proposal for a transitional period for applying the requirement to existing HVDC systems or DC-connected power park modules. That transitional period shall not be more than two years from the date of the decision of the regulatory authority F1 ... on the requirement's applicability;

(c) be subject to public consultation in accordance with Article 8.

4. No later than six months after the end of the public consultation, the relevant TSO shall prepare a report explaining the outcome of the consultation and making a proposal on the applicability of the requirement under consideration to existing HVDC systems or DC-connected power park modules. The report and proposal shall be notified to the regulatory authority F2 ... and the HVDC system owner, DC-connected power park module owner or, where applicable, third party shall be informed on its content.

5. The proposal made by the relevant TSO to the regulatory authority F3 ... pursuant to paragraph 4 shall include the following:

(a) an operational notification procedure for demonstrating the implementation of the requirements by the owner of the existing HVDC system or DC-connected power park module;

(b) a transitional period for implementing the requirements which shall take into account the category of HVDC system or DC-connected power park module and any underlying obstacles to the efficient implementation of the equipment modification/refitting.

Textual Amendments

F1 Words in Art. 65(3)(b) omitted (31.12.2020) by virtue of The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 3 para. 21(2)

F2 Words in Art. 65(4) omitted (31.12.2020) by virtue of The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 3 para. 21(3)

F3 Words in Art. 65(5) omitted (31.12.2020) by virtue of The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 3 para. 21(4)