The Connecting Europe Facility the revised TEN-T Guidelines€¦ · Transport Connecting Europe...
Transcript of The Connecting Europe Facility the revised TEN-T Guidelines€¦ · Transport Connecting Europe...
Transport
The Connecting Europe Facility
& the revised TEN-T Guidelines
Herald Ruijters, Head of Unit for Trans European Network, DG Mobility and Transport
Cross-border Forum
Antwerpen, 9 November 2012
Transport
Transport
Transport
Transport
Analysing the problems of the policy
• A patchwork of national networks: the cross-border sections are still missing today.
• The road network is nearly completed, but not the rail and inland waterways networks.
• The links between the different modes of transport are weak: ports, airports, logistic platforms need to be integrated.
• The national systems hamper a true functional network: operational rules and technical systems (interoperability) block the internal transport market.
Transport
What are the solutions?
• From a patchwork to a network: realise the missing links (cross-border, bottlenecks)
• Make the network intermodal: link in the nodes
• Make the network interoperable: ERTMS, RIS, ITS, SESAR, VTMIS and operational rules
• Use the existing infrastructure better
• Make a stringent framework for realising the network
Transport
A new infrastructure policy • Comprehensive network will cover the entire EU
territory, accessibility for all citizens and businesses
• Core network: a selection of the most important parts of the network to be realised as a priority until 2030
• A Regulation and not a Decision any longer: changed context and clear addressees
Transport
High standards
• Rail: ERTMS, 22.5 t/axle, electrification, 750 m train length, 100 km/h line speed
• Inland Waterways: RIS, class IV
• Airports: rail and road links into the network
• Ports: rail and road links into the network
• Road: ITS, parking facilities
• To be realised by 2030 for the Core network
Transport
EU 27 Core
Network
to be completed
in 2030
Transport
Core network:
.Inland waterways .Inland ports .Ports
Transport
Core network:
.Rail: freight .Rail-road terminals .Ports
Transport
Core network:
.Rail: passengers .Airports
Transport
Core network:
.Road .Rail-road terminals .Ports .Airports
Transport
Core Network Corridors & Coordinators • Starting from the main entry points into the EU:
ports, airports and border crossing points
• Integrating major missing links
• Covering at least three Member States
• At least one corridor per Member State
• Taking into account Rail freight corridors and Priority Projects
• Possibility of implementing Decisions
Transport
Co
re N
etw
ork
Co
rrid
ors
Transport
Funding and financing today
• Trans-European Transport Network budget
• €8 billion for 2007-2013
• Concentration on cross border sections and bottlenecks of Priority Projects
• LGTT and Marguerite
• Use it or lose it !
• Other sources:
• Regional Funds
• European Investment Bank
• National funding
• Public Private Partnerships
Transport
Investment needs identified for the European Transport system
• €1.5 trillion of investment needs
• by 2030
• TEN-T alone: €500 billion by 2020
• Core Network alone requires €250 billion by 2020
• Estimate based on discussions with MS on their project portfolio
Transport
Connecting Europe Facility: budget proposed
• €31.7 billion for transport • (including €10 Billion from Cohesion Fund)
• Connecting Europe Facility does not replace
• or displace cohesion policy funding.
• Cohesion Fund will have €24 billion for TEN-T projects + ERDF available for secondary or tertiary connectivity
• Coordination with CEF to be ensured through Common Strategic Framework and partnership Contracts
Transport
Connecting Europe Facility and TEN-T: eligibility of actions
€31.7 billion for transport through • Innovative financial instruments: estimate of market take-
up: €2bn • with an estimate leverage of up to 15 or 20 could
generate total investments of €30bn to €40bn.
• Grant component estimate: €19.7bn
• with an estimated average co-funding rate of 20% could generate €98.5bn
• + €10bn earmarked in the Cohesion fund (grants)
• with an estimated average co-funding rate of 85% could generate €11.5bn
Total amount of investments that could be generated: €140bn
to €150bn.
Transport
The Connecting Europe Facility: co-funding rates
Transport
Europe 2020 Project Bond Initiative: A pilot phase in 2012-2013
• Project bonds to be an integral part of the CEF 2014-2020
• Past experience (especially LGTT) shows time lag for banks and project sponsors to incorporate complex new ideas into their financing structures
• In the case of project bonds we also have to allow investors (pension funds, insurers) time to analyse and adapt asset allocation
• Pilot phase in order to start this phase now rather than in 2014
• Funded by reallocating up to EUR 200 million from TEN-T, up to EUR 10 million from TEN-E and up to EUR 20 million from CIP ICT budget lines
• Aim to support 5-10 projects in transport, energy and/or ICT
• Agreement reached, pilot phase to start this summer
Transport
• 80 – 85 % of available budget for pre-identified projects listed in Annex 1 • 3 horizontal priorities,
10 core network corridors, and other important core network sections
• delegated act foreseen to amend list
• 15 – 20 % for other projects of the core and comprehensive networks (IFIs)
The Connecting Europe Facility: eligibility
Transport
The Connecting Europe Facility: eligibility
• Antwerp integrated in two corridors: Rotterdam-Genova and Amsterdam-Marseille (Council added Warsawa-Midlands as a third corridor that passes by Antwerp)
• IWW upgrading, locks, port of Antwerp and its hinterland connections are projects directly concerned
• Wider hinterland: Montsen route and Betuwelijn connecting to Duisburg and Ruhrgebiet; Albertkanaal to Liège; Schelde and future Seine-Escaut to Paris; Rhine, Main and Danube to southern Germany, Austria and beyond
Transport