The Connecting Europe Facility & the revised TEN-T Guidelines

Transcription

1 The Connecting Europe Facility & the revised TEN-T Guidelines Herald Ruijters, Head of Unit for Trans European Network, DG Mobility and Cross-border Forum Antwerpen, 9 November 2012

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5 Analysing the problems of the policy A patchwork of national networks: the crossborder 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.

6 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

7 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

8 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

9 EU 27 Core Network to be completed in 2030

10 Core network:.inland waterways.inland ports.ports

11 Core network:.rail: freight.rail-road terminals.ports

12 Core network:.rail: passengers.airports

13 Core network:.road.rail-road terminals.ports.airports

14 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

15 Core Network Corridors

16 Funding and financing today Trans-European Network budget 8 billion for 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

17 Investment needs identified for the European 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

18 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

19 Connecting Europe Facility and TEN-T: eligibility of actions 31.7 billion for transport through Innovative financial instruments: estimate of market takeup: 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.

20 The Connecting Europe Facility: co-funding rates

21 Europe 2020 Project Bond Initiative: A pilot phase in Project bonds to be an integral part of the CEF 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

22 The Connecting Europe Facility: eligibility % 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 % for other projects of the core and comprehensive networks (IFIs)

23 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

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