Tolls for sustainable High Capacity Roads

Transcription

1 Tolls for sustainable High Capacity Roads General Direction Industrial Development Josep Lluís Giménez Sevilla Brussels, 11th of April 2017

2 Content 1. Abertis Introduction: Industrial Model 2. Pay per use : A model for sustainable infrastructures 3. Benefits of ETS Free-flow systems: Towards a seamless road charging system

3 1 1. Abertis Introduction Our Industrial Model

4 1. Abertis Introduction World leader in the toll road market Abertis is the leading international group of toll-road operators 41 concessions 16 countries 8,500km managed 16,000 employees >1 Bn CAPEX/yearly 25 Bn assets managed General Direction Industrial Development 4

5 1. Abertis Introduction Industrial Model: a balance between smart engineering and sound financial Abertis is a long-term Investor Social Responsibility Customer Satisfaction Strategic areas Employees Governmental Entities Relationship Our Industrial Model is based on: Respect for the contract: our reason why Road engineering: safe and comfortable roads Efficient operations: viability, fluidity and services Customer service: adding value to the customers Intensive technology: ETC and ITS CAPEX and OPEX optimization: economic control General Direction Industrial Development 5

6 1. Abertis Introduction World leader in the toll road market Grown by being good partners to governments As the global leader in our sector, we aim to set standards for the industry Committed to environmental problems Road Tech: Continually investing in technology and smart engineering Road Safety as main priority Providing best quality infrastructure General Direction Industrial Development 7

7 1 2. EU Toll Road Market Pay per use : A model for sustainable infrastructures

8 2. EU Toll Road Market Europe Snapshot Paved Road Length 4,77M kms Available budget: just around 70%* Registered cars in use (2015) 195M cars Responsible for aprox. 12% EU CO2 emissions* Toll roads kms Privately managed toll roads kms (approx. 34,6% of the total) *Source: EU Road Federation *Source: European Commission. *Source Data: Abertis PPP Country Attractiveness Index (2016). Malta and Luxembourg are excluded. 8

9 2. EU Toll Road Market EU High Capacity Network and RUC systems Ch ar t 6.1 h i g h w ay n et w o r k i n eu r o pe s o u r Ce: i n eco (2013) General Direction Industrial Development 9

10 2. EU Toll Road Market EU High Capacity Network and RUC systems Chart 5. Road user charging for trucks (HGVs) in 2015 Source: own elaboration (with DGMOVE data) General Direction Industrial Development 10

11 2. EU Toll Road Market Infrastructure financing needs Free infrastructure doesn t exist TAXPAYERS Public finance P3 s based on payments from public sector to private sector subject to compliance conditions (shadow tolls, availability payments) Which of both affects more the Public Deficit? USER-PAYS Private finance P3 s based on payments from users funding by private financial market, lenders, investment funds, equity CROWDING OUT EFFECT LESS CASH TO MARKET INEFICIENT ECONOMY General Direction Industrial Development 11

12 2. EU Toll Road Market Breaking up PPPs contract model Contract 1 Contract 2 Contract 3 Project phase Infrastructure Planning Design & Construction Operation & Maintenance Primary executor Public Sector (Engineering) Private Sector (EPC) Private Sector (Operation Contract) Primary funding Public financing (budgetary resources) Public financing (budgetary resources) User fees (toll charges) Resource flow Cash Flow from value operation contract General Direction Industrial Development 12

13 2. EU Toll Road Market Pay-per-use model for financial sustainability of infrastructure European Road Network National High Capacity Roads Metropolitan Area EC to regulate an homogenous toll systems. Ideally covering: Tolls for HGV distance-based, freeflow, differentiated for emissions. Promote the roads of the future with ITS, autonomous driving, connected vehicles, electric vehicles, and additional Services (i.e. Truck Park, Cross-docking, etc.). EC to promote user-pay and polluter pay schemes, so MS ideally implement: Tolls for HGV distance-based, free-flow, differentiated for emissions, in all the High Capacity Network. Alternative routes through conventional roads also regulated to avoid free-riders. EC to promote user-pay and polluter pay schemes, so MS ideally implement: Tolls for managing congestion and pollution in metropolitan areas. Innovation and adaptation to optimize mobility, improving capacity and efficiency (i.e. managed lanes). General Direction Industrial Development 13

14 1 3. Benefits of ETS freeflow systems Towards a seamless road charging system

15 3. Benefits of ETS Free-flow systems EETS Model Interoperability is key to achieve a real single transport European area, with transparencyand no discriminationbetween European operators. Abertisdefends a holistic approach for the successful implementation of an interoperable EETS based on four pillars: Pillars for a successful implementation Figure 1 Source: Own elaboration General Direction Industrial Development 15

16 Abertis experience Towards Free-flow systems Improvements in Puerto Rico Old plaza New Gantry Old plazas New Gantry Brussels, 9th of December 16

17 Abertis experience Towards Free-flow systems Accidents in Puerto Rico Brussels, 9th of December 17

18 3. Benefits of ETS Free-flow systems Why free-flow? New technologies can represent an important investment to improve mobility, safety and environment, and to boost growth MORE SUSTAINABLE MORE EFFICIENT SAFER LOW MAINTENANCE COSTS General Direction Industrial Development 18

19 Thank you for your attention Commitment and delivery