EU Infrastructure charging and investment policy

1
EU Infrastructure charging and investment policy
Christophe Deblanc DG TREN

2
Expected growth in transport demand (Baseline)
3
White Paper 2001 Objectives and measures

• Objective gradual decoupling of transport and
  GDP by re-balancing modal split and improving
  quality and safety.
• A lot of measures including
• Market opening for railways
• TEN Guidelines (2004)
• Fair pricing for infrastructure use and
  harmonised taxation

4
Revision of TEN-T guidelines 2004

• Objectives
• Time horizon extended to 2020
• Stimulate economic development and Common Market
• Enlargement as from 1st May 2004 (integration
  into EU, increased trade and traffic volumes)
• Sustainability requires modal rebalancing and
  improved intermodality and interoperability
• Safety and security (e.g. traffic management
  systems and Galileo)
• Adoption 29 April 2004 (JO L201 7/6/2004)

5
New elements for the TENs

• European priorities targeted by focussing
  investments on priority projects on 30 major
  trans-national axes
• Sustainability addressed by giving priority to
  rail, intermodality and Motorways of the sea
• Organisational means improved to facilitate
  co-ordination of funding and implementation of
  projects along the major axes
• Financial framework adapted to enable
  concentration and target bottlenecks at border
  crossings

6
(No Transcript)
7
Financing the TEN-T

• Costs of realisation of full network is 600
  billion to be completed by 2020
• Of which 250 billion for the priority projects
• Sources of funding
• National funding
• European funding (TEN-budget, ERDF, Cohesion
  Fund)
• EIB loans
• Private sector
• Direct user contribution charging

8
Financing the TEN-T
9
Road charging existing situation
10
Outline of the compromise reached in the Council
on 21-04-2005

• Modification of the scope for road charging
• TEN network HGV over 3.5 tonnes (instead of 12
  t)
• Member States are free to apply tolls
• On other roads or to other vehicles
• Charging principle
• Increased possibilities for differentiated
  prices
• Mark-ups in mountainous areas (congested or
  sensitive)
• 15 or 25 plus earmarking
• Limits for rebates -13
• Earmarking of revenues recommended
• Vignette systems or vehicle taxes remains in the
  Directive

11
Next steps

• Work programme of the Commission for 2005
• Mid-term review of the Commission White paper on
  common transport policy
• A framework Communication on charging
• New modal Directives for charging.

12
Implications for the project REVENUE

• Trend towards efficiency and incentive-led
  charges
• Strong commitment to address the financing of
  infrastructure

• Charging rules
• Marginal cost versus other charging strategies
• Revenue use
• impact of different allocation schemes
• Investment policy
• impact of charging rules on the development of
  new infrastructures
• Impact of intermodal funds

13
Other on-going initiatives

• The FUNDING project
• Estimate the financing gap for investments by
  mode and by country at horizon 2020
• Scenarios for investment infrastructure funds and
  mark-ups
• Impacts of different infrastructure fund
  scenarios
• Network as well as project level

14

• Thank you for your attention