How to resolve COM server application local activation permission for machine account

I am trying to enable SSIS package logging to event logs. When an attempt is made to write to the event log the following error appears in the system event logs: > The application-specific permission settings do not grant Local > Activation permission for the COM Server application with CLSID > {806835AE-FD04-4870-A1E8-D65535358293} and APPID > {EE4171E6-C37E-4D04-AF4C-8617BC7D4914} to the user DOMAIN\machine$ > SID (S-1-5-21-16020293-282541685-632688529-241633) from address > LocalHost (Using LRPC). This security permission can be modified using > the Component Services administrative tool. I've dealt with this error before but the fact the error relates to a machine account has thrown me. Does this mean I have to specifically grant permissions to the machine account in component services? The app pool account running under the NETWORK SERVICE account.