8.—(1) A project must have an estimated capital expenditure equal to or greater than £100,000,000.
(2) In this regulation “estimated capital expenditure” means an estimate of the total costs of a project, calculated by reference to one or more of the following—
(a)any costs relating to the purchase of component parts;
(b)construction costs;
(c)the costs of the acquisition of land on which it is to be situated;
(d)the costs of compliance with the conditions attached to planning consents and property rights;
(e)the costs of third-party works upon which a project’s electricity solution’s operation depends;
(f)project management costs;
(g)itemised risk and contingency allowances;
(h)costs relating to the procurement of itemised goods, services and works;
(i)any other costs that are reasonably integral or relevant to the arrangement, construction, commissioning, procurement, operation or function of the project’s electricity solution.