# 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) EU Regulation 2020/1001 ยท adopted 9 July 2020 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 PDFs: Printed copy https://openlegislation.uk/eu-regulation-2020-1001/pdf/eur_20201001_adopted_en.pdf ## Introductory text 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) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter I: GENERAL PROVISIONS ## 1 Subject matter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter II: FINANCING OF INVESTMENTS ## 3 Overview of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Submission of investment proposals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Available funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Confirmation of priority investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Recommendations on non-priority investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Disbursement decision of the Commission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Discontinued investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Operation of the Investment Committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Asset management guidelines and agreement with the EIB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter III: MONITORING, REPORTING, EVALUATION AND AUDITING ## 13 Monitoring and reporting by the beneficiary Member States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Reporting by the Investment Committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Review and evaluation of the Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 Audits and protection of the financial interests of the Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter IV: FINAL PROVISIONS ## 17 Information, communication and publicity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 Transparency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Entry into force . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex I: Information about investment proposal to be submitted to the EIB and to the Investment Committee ### Division 1: All investment proposals ## 1.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.8 existence of State aid (within the meaning of Article 107(1) of the Treaty), and indication of the following, as applicable: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 2: Additional information about schemes ## 2.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 3: Additional information about proposals other than schemes ## 3.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 4: Additional information about non-priority proposals ## 4.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex II: Information to be provided by the beneficiary Member State in the annual report to the Commission ### Division 1: Overview of investments ## 1.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 1.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 2: Information on each investment ## 2.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.5 an assessment of the added value of the investment in terms of energy efficiency and modernisation of the energy system, including information on the following: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2.7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 3: Additional information about investments other than schemes ## 3.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Division 4: Additional information about non-priority investment ## 4.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/eur/2020/1001 (the official version) Page: https://openlegislation.uk/eu-regulation-2020-1001 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.