Investing in Europe's Growth

The Trans-European Transport Network and Connecting Europe Facility

Lia Potec, Policy Officer European Commission, DG MOVE Unit B4 Connecting Europe – Infrastructure investment strategies Transport

Overhauling the EU transport sector

essential for a sustainable and competitive EU economy

Remove bottlenecks and bridge missing links Deploy interoperable traffic management systems Invest in innovative technologies and transport systems Improve transport logistics Render transport services more efficient

Transport

The Transport “White Paper”

10 goals

- to help achieve a competitive and resource efficient system

10 benchmarks

- to meet the goal of reducing the GHG emissions by 60% by 2050.

40 concrete initiatives

– to be developed over this decade. Transport

The Transport “White Paper”

By 2030, 30% of road freight over 300 km should shift to other modes such as rail or waterborne transport,

and more than 50 % by 2050 By 2050, complete a European high-speed rail network. Triple the length of the existing high-speed rail network by 2030 M aintain a dense railway network in all Member States.

By 2050, the majority of medium-distance passenger transport should go by rail.

By 2030, a fully functional and EU-wide multimodal TEN-T ‘core network’

with a high-quality and capacity network and a corresponding set of information services by 2050

By 2050, connect all core network airports to the rail (preferably high speed) network and all core seaports to the rail freight network and, where possible, inland waterway system.

Transport

The "European Infrastructure Package"

Financing framework 2014-2020 Sectoral policy frameworks (setting priorities for 2020, 2030, 2050) Transport

The Transport Infrastructure Package

Policy framework

TEN-T Guidelines

Funding framework

Connecting Europe Facility Structural and Investment Funds Transport

Key elements of the new TEN-T policy

•

Support implementation of Transport White Paper through new infrastructure policy, including:

• New maps • • • Ambitious standards for all infrastructures Common deadlines to achieve network (2030/2050) Corridors and coordinators for implementation •

TEN-T Guidelines: Regulation (EU) No 1315/2013

Transport

The new TEN-T maps

•

Dual layer approach based on a single European methodology

• • • • • Comprehensive network to ensure

accessibility to all regions

Core network focusing on the

strategically most important parts Maps contained in Annex I to the Regulation List of nodes in Annex II Indicative comprehensive network maps for the neighbouring countries in Annex III

Transport

TEN-T Network Standards (1/3)

Railways (freight), ports and rail-road terminals

• • • • •

Comprehensive Network

Electrification ERTMS 1435mm gauge Connection with freight terminals • •

Core Network [see Comprehensive network plus]

freight lines (>100 km/h, 750m train length, 22,5t axle load) Transport

TEN-T Network Standards (2/3)

Roads, ports, rail-road terminals and airports

• •

Comprehensive Network

High quality roads i.e. motorways, expressways, conventional strategic roads • • •

Core Network [see Comprehensive network plus]

Rest areas on motorways all 100 km, including appropriate parking space for commercial road users Availability of clean fuels Transport

TEN-T Network Standards (3/3)

Other modes Comprehensive Network

Implementation and deployment of telematic applications (RIS, VTMIS, e maritime services, SESAR) Connection of airports and ports to TEN-T network

Core Network [see Comprehensive network plus]

Availability of clean fuels at airports and ports Connection of ANNEX II ports and airports to TEN-T network by 2030/2050 • •

TEN-T Comprehensive and Core Network Inland waterways and ports

Transport

TEN-T Network Deadlines

By 2030:

replace the patchwork of priority projects by a single European core network

By 2050:

develop the comprehensive network as “ground layer” to ensure accessibility and common standards Transport EU TEN-T Core Network Railways (freight), ports and rail-road terminals

TEN-T Core Network Corridors and European Coordinators

9 multimodal corridors (defined until 2020*) • Implementation tools • Support the core network implementation • Synchronise investments (Corridor Work Plan), including deployment of new technologies and telematic applications • Alignment with the Rail Freight Corridors • Involvement of stakeholders • European Coordinators also for ERTMS and Motorways of the Sea

* Alignment identified in Annex I of the Connecting Europe Facility Regulation

Transport

Connecting Europe Facility

Rules for awarding EU budget support to TEN-T infrastructure projects

Eligibility For what, who, how, how much Forms of support • • Grants Financial instruments Objectives & priorities • CEF Regulation:

Regulation (EU) No 1316/2013

• Delegated Act: • Communication:

COM(2013) 9690 COM(2013)940

• Work Programmes:

COM(2014) 1919, COM(2014) 1921

Transport

Connecting Europe Facility: budget

€33.2 billion in current prices

€26.250 billion for transport (Vs ~€8bn for 2007 – 2013) • €14.945 billion for all 28 MS • €11.305 billion for the MS eligible to the Cohesion Fund €1.141 billion for broadband and digital services €5.850 billion for energy infrastructure Transport

CEF: Priorities

•

Modes

• Rail, inland waterways, multimodal platforms (ports, rail-road terminals) and intermodal connections •

Sections

• Missing links, cross-border, bottlenecks •

Horizontal

• ERTMS, SESAR, other telematic systems (RIS, ITS, e-Maritime...) • Motorways of the Sea, including alternative fuelling (LNG) deployment • New technologies and innovation focusing on decarbonisation, safe and secure infrastructure, ports and airports •

Geographical

• Core Network, Corridors on the Core Network Transport

CEF: Eligibility

80 – 85 % of total budget for projects pre-identified listed in Annex I to the CEF Regulation

• • • Horizontal priorities Sections on the Core Network Corridors Other important cross-border and bottleneck sections •

15 – 20 % of total budget for

• Other projects on the core network • • • Projects on comprehensive network (max 5%) Projects in third countries Financial instruments (10%) Transport

CEF Cohesion Envelope: €11.3 bn transferred from the Cohesion Fund

Exclusively for transport projects in Member States (MS) eligible for the Cohesion Fund

• National envelopes until end 2016 • 80-85% of envelope for • core network projects pre-identified in Annex I • Also road cross-border (max. 10% of envelope) • 15-20% of envelope for projects • • • • On the core network only Not on the comprehensive network Not in third countries No contribution to financial instruments before 2017 • Common project pipeline for Cohesion Fund and CEF, in line with the transport strategy • Co-funding rates aligned to Cohesion Fund (max. 85%) Transport

CEF grants: co-funding rates

Types of Projects (a) Studies (all modes) (b)Works on Cross border Bottleneck Other projects of common interest Cross border Bottleneck Other projects of common interest Inland transport connections to ports and airports (rail and road) Development of ports Development of multi-modal platforms Inland waterways Secure parkings on road core network Motorways of the sea Traffic management systems SESAR, RIS & VTMIS ERTMS ITS for road Cross border road sections

New technologies and innovation for all modes of transport

Transport CEF General Budget CEF Cohesion Envelope 50% 85% 40% 30% 20% 40% 40% 20% 20% 20% 20% 20% 20% 20% 30% 50/20% 50% 20% 10% 20% 85% 85% 85% 85% 85% 85% 85% 85% 85% 20% 20% 20% 85% 85% 85% 85% 85% (core network) 85%

CEF in Croatia

€159.7 million national Cohesion envelope

•

Pre-identified projects in Annex I

Mediterranean Corridor Rijeka – Zagreb – Budapest Rijeka Rail – Studies and works (including construction of new track and second track between Rijeka and HU border ) Port - Infrastructure upgrading and development, development of multimodal platforms and interconnections Rhine-Danube Corridor Slavonski Brod Port – Studies and works Danube IWW - Studies and works on several sections and bottlenecks; inland waterway ports: multimodal interconnections Sava IWW - Studies and works on several sections and bottlenecks (including cross-border bridge) Other core network sections Dubrovnik – HR/ME border Cross-border road - Works Zagreb – SR border Horizontal priorities Bottleneck rail – Studies and works Transport

Complementarity CEF - ESIF

CEF - concentrates on

ESIF - focus on projects with a high EU added value: cross-border, major bottlenecks, multimodality, interoperability projects to remove bottlenecks on both the core and comprehensive TEN-T on the core network more sustainable modes of transport – rail, IWW, intermodality other modes of transport: urban, road, maritime regional connectivity rehabilitation projects

A common and complementary list of projects

Member States and Commission – to define early under which support scheme individual TEN-T infrastructure projects should be implemented: CEF, CF or ERDF

Consistency with the comprehensive national transport strategy

Transport

CEF: Centralised management

!! EU funds not, not projects Programming via work programmes

• Annual and Multiannual Work Programmes

Management

• Grants – direct management • Financial Instruments – via cooperation agreement with interested entities (e.g. European Investment Bank) Transport

CEF: Grant management

How to give grant support to a project

Transport

Financial instruments – Why?

•

Limited € available:

• €26 billion to cover €250 billion in needs!

•

Limited eligibility for grants under the CEF

• • Mostly core network Almost no road or airport infrastructure •

Full eligibility for financial instruments

• • • Core & comprehensive TEN-T Any project eligible under the TEN-T Guidelines All modes of transport Transport

• •

Financial instruments –

for what and how

Projects

• Identifiable revenue streams/commercial benefits and long-term repayment • Motorways with tolls, shadow-tolling, availability schemes • Airports development (e.g. new terminal) • • •

Forms

Ports development (e.g. capacity extension) Alternative fuelling infrastructure and on-board equipment (e.g. LNG on boats) On-board equipment for traffic management systems (e.g. SESAR) Equity intruments • • Risk-capital, e.g. Marguerite Fund Investing in equity reduces the need for debt and reduces the level of risks Debt instruments Guarantees and risk-sharing instruments, e.g. LGTT and Project Bonds • LGTT to support bank lending • Project Bonds to support investment from capital market investors Transport

2014 Work Programmes and Calls

Work Programmes

• • • Adopted on 26 March 2014 Multiannual Work Programme for €11 billion Annual Work Programme for €1 billion

Target date for

• • Opening calls: September 2014 Closing calls: end February 2015

Size of the calls will be evaluated on the basis of MS project pipelines

In cooperation with MS authorities and DG REGIO, especially for Cohesion MS Transport

Thank you for your attention!

[email protected]

Transport