4.

The Commission, assisted by the Energy Union Committee referred to in point (b) of Article 44(1), may adopt implementing acts to set out the necessary provisions for the establishment and functioning of the financing mechanism, in particular: the methodology for the calculation of the maximum level of the premium for each tender; the tender design to be applied, including conditions for delivery and associated penalties; the methodology for the calculation of the payments of Member States and the resulting statistical benefits for the contributing Member States; minimum requirements for Member States' participation, having regard to the need to ensure both continuity of the mechanism by means of a sufficient duration of the Member State payment, as well as the maximum amount of flexibility for Member States' participation; provisions ensuring the participation and/or approval of hosting Member States, and where necessary provisions relating to additional system cost charges. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 44(6).

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.