Commission Implementing Regulation (EU) 2020/1001of 9 July 2020laying 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 (revoked)

CHAPTER IGENERAL PROVISIONS

Article 1Subject matter

Article 2Definitions

CHAPTER IIFINANCING OF INVESTMENTS

Article 3Overview of investments

Article 4Submission of investment proposals

Article 5Available funds

Article 6Confirmation of priority investments

Article 7Recommendations on non-priority investments

Article 8Disbursement decision of the Commission

Article 9Payments

Article 10Discontinued investments

Article 11Operation of the Investment Committee

Article 12Asset management guidelines and agreement with the EIB

CHAPTER IIIMONITORING, REPORTING, EVALUATION AND AUDITING

Article 13Monitoring and reporting by the beneficiary Member States

Article 14Reporting by the Investment Committee

Article 15Review and evaluation of the Fund

Article 16Audits and protection of the financial interests of the Fund

CHAPTER IVFINAL PROVISIONS

Article 17Information, communication and publicity

Article 18Transparency

Article 19Entry into force

ANNEX IInformation about investment proposal to be submitted to the EIB and to the Investment Committee

1.All investment proposals

1.1.specification of the investment area in accordance with Article 10d(1)...

1.2.general description of the investment, including the objectives and targeted...

1.3.justification for the Modernisation Fund support, including the confirmation of...

1.4.specification of costs to be covered from the Modernisation Fund;...

1.5.description of the support instrument(s) used;

1.6.requested amount of the financing from the Modernisation Fund;

1.7.contribution(s) from other Union and national instruments;

1.8.existence of State aid (within the meaning of Article 107(1)...

1.9.Member State’s declaration of compliance with the applicable Union and...

1.10.when the investment aims at implementation of a territorial just...

2.Additional information about schemes

2.1.name of the managing authority;

2.2.indication whether the proposal concerns an existing scheme;

2.3.total volume of the scheme.

3.Additional information about proposals other than schemes

3.1.name of the project proponent;

3.2.location of the project;

3.3.total investment costs;

3.4.development stage of the project (from feasibility to operation);

3.5.list of mandatory permits obtained or to be obtained.

4.Additional information about non-priority proposals

4.1.quantitative data on the construction and operation phases, including proposal’s...

4.2.certified financial forecast, including intended financial contribution from private sources;...

4.3.description of any other targeted performance indicator, as requested by...

4.4.other relevant information related to the project proponent, the investment,...

ANNEX IIInformation to be provided by the beneficiary Member State in the annual report to the Commission

1.Overview of investments

1.1.number of investments financed from the Modernisation Fund to date;...

1.2.number of on-going, completed and discontinued investments;

1.3.overall ratio of the financing provided to priority investments against...

2.Information on each investment

2.1.total investment triggered (total investment costs);

2.2.dates and amounts of payments from the Modernisation Fund to...

2.3.amounts received from the Modernisation Fund by the beneficiary Member...

2.4.any amounts recovered by the beneficiary Member State from the...

2.5.an assessment of the added value of the investment in...

2.6.when the investment aims at implementation of a territorial just...

2.7.for schemes, the reporting data specified shall be presented in...

3.Additional information about investments other than schemes

3.1.milestones achieved since the previous annual report;

3.2.expected entry into operation;

3.3.identified or expected delays in implementation;

3.4.identified or expected changes in eligible costs, technology applied or...

4.Additional information about non-priority investment

4.1.confirmation of co-financing from private sources.

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 (revoked)

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