Tolls for sustainable High Capacity Roads General Direction - - PowerPoint PPT Presentation
Tolls for sustainable High Capacity Roads General Direction Industrial Development Josep Llus Gimnez Sevilla Brussels, 11th of April 2017 Content 1. Abertis Introduction: Industrial Model 2. Pay per use: A model for sustainable
Tolls for sustainable High Capacity Roads
General Direction Industrial Development
Josep Lluís Giménez Sevilla
Brussels, 11th of April 2017
infrastructures
Towards a seamless road charging system
Content
Our Industrial Model
General Direction Industrial Development
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
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Social Responsibility Customer Satisfaction Employees Governmental Entities Relationship
Strategic areas
Abertis is a long-term Investor Our Industrial Model is based on:
roads
services
customers
control
Industrial Model: a balance between smart engineering and sound financial
General Direction Industrial Development
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World leader in the toll road market
Grown by being good partners to governments Road Tech: Continually investing in technology and smart engineering As the global leader in
set standards for the industry Committed to environmental problems
General Direction Industrial Development
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Road Safety as main priority Providing best quality infrastructure
“Pay per use”: A model for sustainable infrastructures
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Europe Snapshot
Paved Road Length
4,77M kms
Available budget: just around 70%*
Privately managed toll roads
22.000 kms
(approx. 34,6% of the total)
Toll roads
63.200 kms
Registered cars in use (2015)
195M cars
Responsible for aprox. 12% EU CO2 emissions*
*Source: EU Road Federation *Source: European Commission. *Source Data: Abertis PPP Country Attractiveness Index (2016). Malta and Luxembourg are excluded.
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General Direction Industrial Development
EU High Capacity Network and RUC systems
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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)
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General Direction Industrial Development
EU High Capacity Network and RUC systems
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Source: own elaboration (with DGMOVE data)
Chart 5. Road user charging for trucks (HGVs) in 2015
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Free infrastructure doesn’t exist
CROWDING OUT EFFECT
LESS CASH TO MARKET
INEFICIENT ECONOMY
USER-PAYS
Private finance P3’s based on payments from users funding by private financial market, lenders, investment funds, equity
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?
General Direction Industrial Development
Infrastructure financing needs
Breaking up PPPs contract model
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Infrastructure Planning Design & Construction Operation & Maintenance Private Sector (EPC) Private Sector (Operation Contract) Public financing (budgetary resources) Public financing (budgetary resources)
User fees (toll charges)
Project phase Primary executor Primary funding Resource flow Public Sector (Engineering)
Contract 1 Contract 2 Contract 3
General Direction Industrial Development
Cash Flow from value operation contract
Metropolitan Area European Road Network National High Capacity Roads
EC to regulate an homogenous toll
flow, differentiated for emissions.
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:
free-flow, differentiated for emissions, in all the High Capacity Network.
conventional roads also regulated to avoid free-riders. EC to promote “user-pay” and “polluter pay” schemes, so MS ideally implement:
and pollution in metropolitan areas.
capacity and efficiency (i.e. managed lanes).
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“Pay-per-use” model for financial sustainability of infrastructure
General Direction Industrial Development
flow systems
Towards a seamless road charging system
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Pillars for a successful implementation
Interoperability is key to achieve a real single transport European area, with transparency and no discrimination between European operators. Abertis defends a holistic approach for the successful implementation of an interoperable EETS based on four pillars:
General Direction Industrial Development
EETS Model Figure 1
Source: Own elaboration
Brussels, 9th of December
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Abertis experience
Towards Free-flow systems New Gantry New Gantry Old plazas
Improvements in Puerto Rico
Old plaza
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Abertis experience
Towards Free-flow systems
Brussels, 9th of December
Accidents in Puerto Rico
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General Direction Industrial Development
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
Why free-flow?
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Thank you for your attention
Commitment and delivery