deploying an alternative fuels infrastructure for...
TRANSCRIPT
Mobility and Transport
Deploying an Alternative fuels infrastructure for Transport in
the EU
Radisson Blue Plaza Hotel, Ljubljana, Slovenia
Brussels, 14th November
Transport Investment (Unit B2)- DG Mobility and Transport
Mobility and Transport
Clean Power for Transport
• A strategy for the long term substitution of oil in all transport modes
A coherent policy framework that guides investments, brings
sustainability and competitiveness
• Directive 2014/94 on AF infrastructure
• EC Low emission mobility strategy 2016
Emphasize the role of the AF infrastructure on the TEN-t
network
Mobility and Transport
Directive 2014/94 on AF infrastructure
Up to date: NPF received from: Czech Republic and Slovakia
Mobility and Transport
The Connecting Europe Facility for Transport
SRCR
RRI&SRCR
Structure, state of play and green credentials
Total CEF Transport budget: €24.05 billion
€22.4 billion for grants (blending with FIs)
€1.55 billion for Financial Instruments (CEF-Debt Instrument)
Regulation (EU) on TEN-T guidelines 1315/2013:
• Article 33 (a-d) defines what CEF can fund in the area of "innovation and new technologies", notably: "(a) support and promote the decarbonisation of transport through transition to innovative and sustainable transport technologies.
REGULATION (EU) No 1316/2013 establishing the CEF:
• Article 4 -2 (b) "ensuring sustainable and efficient transport systems in the long run, with a view to preparing for expected future transport flows, as well as enabling all modes of transport to be decarbonised through transition to innovative low- carbon and energy-efficient transport technologies, while optimising safety. "
Connecting Europe Facility (CEF - Transport) for transport decarbonisation
Deploying sustainable and efficient transport
More than €300 million in CEF funding, which resulted in a total investment of more than €600 million in 2014-2015.
€187 million invested to deploy 650 additional supply points for alternative fuel along the TEN-T road network by 2020. CEF funding : €107 million
175 rail projects EU investment n: €14.6 billion for 2014-2020. 75% of the CEF transport funding awarded.
SRCR
RRI&SRCR
Synergies with H2020
Pilot demonstration projects under TEN-T/CEF
to be scaled up with financial instruments
Mobility and Transport
Funding opportunities: 2016 CEF Transport Calls
Mobility and Transport
2016 calls: indicative budget available
2016 CEF Transport Calls
Multi-Annual Work Programme (MAP) :
€1 449.5 million €650 million under the General envelope €849.5 million under the Cohesion envelope
Annual Work Programme (AP)
€440 million €190 million under the General envelope €250 million under the Cohesion envelope
CEF synergy work programme
€40 million
Blending CEF grants and financial instruments
Funding Objective 2: Innovation and New Technologies
Point 3.2.1. in the work programme: Deployment of innovation and new technology actions in all transport modes, according to the TEN-T Guidelines, Art.33 (a to d).
MAP 2016 call (no annual call, only Core Network eligible!)
Budget:
• Cohesion: €59.5 million
• General: €80 million
Support rate:
• Studies with Pilot deployment (no paper studies): 50%
• Works: 20%
• Cohesion Countries (Studies & Works!) : 85%
Mobility and Transport
Points of attention!
• Mobile equipment (i.e. concerning vehicles)- Only for studies with integrated pilot deployment! :
• financial difference between a conventional solution and the use of a new technology in a vehicle (ship, car, truck, plane, train…)
• priced separately in the grant application
• up to 10% for road equipment, 30% for ships and rail mobile equipment
• 5 years in the EU
• Scrubbers are not eligible
• Mobile infrastructure (i.e. concerning moving parts of infrastructure: e.g. innovative cranes, innovative reach-stackers, innovative fuel supply vehicles, etc…
• Interface between infrastructure and vehicles: e.g. the telematics link, the charging cable, adaptors, etc
Mobility and Transport
Indicative timetable
2016 CEF Transport Calls
Mobility and Transport
EU projects financed under innovation priority in TEN-T and CEF
Mobility and Transport
Alternative fuels in Slovenia
CEF remaining 4.12 billion
FI 1.35
billion
Grants 2.77 billion
Call BLENDING
• 1 billion
Calls 2016
• 1.9 billion
Grants remaining
870 million FI remaining
350 million
Transfer of 1b from FI to Grant
budget
• Across the EU, the demand for investments is much higher than the available funding : EUR 700 bn investment needed on the TEN-T until 2030.
• Promoters must find new ways to finance infrastructure-> financial instruments (CEF debt, EFSI…)
EU's investment needs in transport
Mobility and Transport
Solutions
• More systemic use of innovative financing • EIB target: at least 40% of EFSI 2.0 financing environmentally-
friendly modes (e.g. railways, alternative fuels…)
• CEF & EFSI financial instruments should be considered for projects with potential revenues
• Advisory Hub for advisory and technical support
• Blending EIB tools and CEF grants (or ESI Funds) is a possibility, with CEF grants to support the remaining funding gap
Mobility and Transport
2016 CEF Blending Call (1/3)
Context and objectives
Boost the EFSI transport pipeline and attract private
finance
Approach (timeline, duration, processes, criteria etc.)
Blending €1 billion of CEF grants with EFSI financing
Expected launch before end 2016, with a longer
submission period
2016 CEF Transport Calls
Mobility and Transport
2016 CEF Blending Call (2/3)
Project preparation:
A reasonable level of development will be expected
Associated documentation should be submitted as part
of the call
Technical support to be available
DO NOT WAIT: begin preparing now
2016 CEF Transport Calls
Mobility and Transport
2016 CEF Blending Call (3/3)
Eligibility of projects:
Works, not studies
Grant eligibility and amount in line with the CEF Regulation
Projects will need to be structured to receive EIB/private finance,
with:
Identified borrower
Solid business case
Revenue stream to support loan repayment
Grant level to be justified through cost-benefit analysis
2016 CEF Transport Calls
Transport
Example : Port of Calais - combined use of CEF grants and financial instruments
Mobility and Transport
European Fund for Strategic
Investments
Mobility and Transport
Driver for Financial Instruments
• A financial instrument is a mechanism to address specific risks that are deterring promoters and investors from investing in projects
• Instruments allow the public sector to encourage private sector involvement
• Projects need to be conceived to involve private sector
• Laws and regulations need to be clear
• Main approvals should be in place
• Specified in output terms
• Risk allocation clear
• Not just PPPs. Regulated concessions; Sector interventions
Mobility and Transport
Identifying Projects for Financial Instruments
• Project identification:
• Focused on project maturity/readiness/level of preparation
• Key features of financeable projects:
• Revenue-generating potential
• Affordability of the project to users/public authority
• Performance based outputs
• Project where the commercial, legal and political risks are quantifiable
• Bankable project based on realistic projections of both costs and revenues
• Technical assistance to projects with potential
• Transport sector
• Sector: Airports, roads, rail, ports, locks and canals, logistic platforms, alternative fuels, fleets
• Activities: Construction, rehabilitation, efficiency improvements, vehicles
RRI&SRCR
Clean Transport Facility (CTF)
To be officially launched 01/12/2016
Current bus fleets and plans (3IBS survey)
• Paris Declaration on Electro-Mobility and Climate Change and call to action:
• Call for joint efforts – at least 20 percent of all road vehicles to be electrically powered by 2030
• European Strategy for Low-Emission Mobility
• Underlines relevance of speeding up clean (alternative fueled) buses
• From demonstration to deployment: the new Clean Transport Facility
• The Commission is willing to push forward a deployment initiative on clean (alternative fuels) buses and related infrastructures in urban areas, by:
• Supporting work on major procurement principles between cities, operators & manufacturers and create a platform for matching supply and demand;
• Supporting a pipeline of projects through better use of existing funds (European Structural Investment Funds), Technical Assistance Facilities (European Investment Advisory Hub, Jaspers and ELENA)
• Accelerating Investment: Setting up a Clean Transport Facility jointly with the EIB, with emphasis on clean (alternative fuels) buses.
CLEAN ALTERNATIVELY FUELLED BUSES
SRCR
RRI&SRCR
Innovative and clean transport projects (under CTF)
Name of the project RIGA TRANSPORT COMPANY SMT ARTOIS GOHELLE - PROJET BHNS
BULLES
Promoter RP SIA RIGAS SATIKSME Syndicat Mixte des Transports Artois-Gohelle
Project location Latvia
FRANCE
Project description Purchase of 20 new low-floor tram units to
operate in the city of Riga, and modernisation of
tramway infrastructure and depot. Purchase of
10 hydrogen fuel cell (HFC) buses and 10
Hytrolleys with HFC range extenders.
Construction of hydrogen fuel production and
storage facility.
Deployment of the H2 nodes 2014 TEN-T pilote
project: building and real life testing of HRS in
Riga, Pärnu and Arnhem with FCH buses. EUR
14,5 million Max. EU contribution.
Réalisation par le Syndicat Mixte des Transports
Artois-Gohelle (SMT Artois-Gohelle) d'un projet
de transport en commun comportant la création
de six lignes de bus à haut niveau de service
ainsi que l'acquisition de bus hybrides articulés
de type BHNS, avec une expérimentation
hydrogène (sur 6 bus). Le but étant de
promouvoir une mobilité solidaire et durable
favorisant les modes alternatifs à l'automobile
Proposed EIB finance
Approximate amount
EUR 75 million
EUR 210 millions
Total project cost
Approximate amount
EUR 195 million
EUR 450 millions
Mobility and Transport
THANK YOU FOR YOUR ATTENTION
MORE INFORMATION AVAILABLE AT
http://ec.europa.eu/transport
http://ec.europa.eu/invest-eu
http://www.eib.org/invest-eu
https://ec.europa.eu/inea
#InvestEU