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Commission Implementing Regulation (EU) 2020/1001Show full title
Commission Implementing Regulation (EU) 2020/1001 of 9 July 2020 laying down detailed rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the operation of the Modernisation Fund supporting investments to modernise the energy systems and to improve energy efficiency of certain Member States
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Changes over time for: Article 15
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- Regulation revoked by 2023 c. 28 Sch. 1 Pt. 2
Article 15U.K.Review and evaluation of the Fund
1.In the review referred to in the second sentence of Article 10d(11) of Directive 2003/87/EC, the Commission shall cover the following areas:
(a)confirmation of priority investments by the EIB;
(b)assessment of non-priority investments by the Investment Committee;
(c)financing and monitoring of investments by the beneficiary Member States;
(d)any relevant procedural aspects regarding the implementation of the Modernisation Fund.
Based on the results of the review, the Commission shall, where appropriate, make the relevant proposals.
2.At the end of the implementation of the Modernisation Fund, the Commission shall carry out a final evaluation of the implementation of the Modernisation Fund. In particular, the Commission shall evaluate the progresses towards the achievement of the Fund objectives as laid down in paragraphs 1, 2 and 3 of Article 10d of Directive 2003/87/EC.
3.The Commission shall make the results of the review and evaluation publicly available.
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