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

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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.

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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

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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

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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

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EU 27 Core

Network

to be completed

in 2030

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Core network:

.Inland waterways .Inland ports .Ports

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Core network:

.Rail: freight .Rail-road terminals .Ports

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Core network:

.Rail: passengers .Airports

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Core network:

.Road .Rail-road terminals .Ports .Airports

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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

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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

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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

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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

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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.

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The Connecting Europe Facility: co-funding rates

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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

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• 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

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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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