Transcript No Slide Title

EU Infrastructure charging and
investment policy
Christophe Deblanc
DG TREN
Expected growth in transport demand
(Baseline)
250
GDP
225
freight
transport
activity
200
passenger
transport
activity
175
transport
energy
consumption
150
125
100
1990
transport
CO2
emissions
1995
2000
2005
2010
2015
2020
2025
2030
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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
 TEN
 Fair
opening for railways
Guidelines (2004)
pricing for infrastructure use and harmonised taxation
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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)
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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
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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
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Financing the TEN-T
Situation financière par projet
50000
Remaing financial
needs
45000
40000
35000
Financed by the
others
30000
25000
20000
Financed by the
EU
15000
10000
5000
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0
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Road charging: existing situation
Some countries
move to new
distance-related
charging
schemes
• Isolated initiatives
• Risk of new distortions
Current legislation :
Directive 1999/62/EC on the charging of HGV
Minimum
requirements for :
– vehicle taxation;
– tolls and user charges
– Imposed only on motorways;
– Great differences remain ;
– Eurovignette non related to
the use of the infrastructure
• Inefficient use of infrastructure
•Wide variety over Europe
•Lack of price signals related to costs
New Proposal from the Commission in 2003
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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
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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.
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Implications for the project
REVENUE

Trend towards efficiency and incentive-led charges
Strong commitment to address the financing of infrastructure

Charging rules:
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Revenue use:
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Marginal cost versus other charging strategies;
impact of different allocation schemes ;
Investment policy:
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impact of charging rules on the development of new infrastructures;
Impact of intermodal funds
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Other on-going initiatives
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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
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Thank you for your attention
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