tolls for sustainable high capacity roads · 2017-04-13 · (i.e. truck park, cross-docking, etc.)....

Tolls for sustainable High

Capacity Roads

General Direction Industrial Development

Josep Lluís Giménez Sevilla

Brussels, 11th of April 2017

1. Abertis Introduction: Industrial Model

2. “Pay per use”: A model for sustainable infrastructures

3. Benefits of ETS Free-flow systems: Towards a seamless road charging system

Content

1. Abertis IntroductionOur Industrial Model

1


1. Abertis IntroductionWorld leader in the toll road market

Abertis is the leading international group of toll-road operators

41 concessions16 countries

8,500km managed16,000 employees>1 Bn€ CAPEX/yearly25 Bn€ assets managed

4

Social Responsibility

Customer Satisfaction

EmployeesGovernmental Entities

Relationship

Strategic areas

Abertis is a long-term Investor

Our Industrial Model is based on:

� Respect for the contract: our reason why

� Road engineering: safe and comfortable

roads

� Efficient operations: viability, fluidity and

services

� Customer service: adding value to the

customers

� Intensive technology: ETC and ITS

� CAPEX and OPEX optimization: economic

control

1. Abertis IntroductionIndustrial Model: a balance between smart engineering and sound financial

General Direction Industrial Development 5

1. Abertis IntroductionWorld 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 our sector, we aim to set standards for the industry

Committed to environmental problems

General Direction Industrial Development 7

Road Safety as main priority

Providing best qualityinfrastructure

1 2. EU Toll Road Market“Pay per use”: A model for

sustainable infrastructures

8

2. EU Toll Road MarketEurope Snapshot

Paved Road Length

4,77M kmsAvailable 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 carsResponsible 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.

9General Direction Industrial Development

2. EU Toll Road MarketEU High Capacity Network and RUC systems

9

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)


2. EU Toll Road MarketEU High Capacity Network and RUC systems

10

Source: own elaboration(with DGMOVE data)

Chart 5. Road user charging for trucks (HGVs) in 2015

11

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?


2. EU Toll Road MarketInfrastructure financing needs

2. EU Toll Road MarketBreaking up PPPs contract model

12

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


Cash Flow from value operation contract

Metropolitan AreaEuropean Road Network National High Capacity Roads

EC to regulate an homogenous toll systems. Ideally covering:

• Tolls for HGV distance-based, free-flow, differentiated for emissions.

• Promote the roads of the future 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:

• Tolls for HGV distance-based, free-flow, differentiated for emissions, in all the High Capacity Network.

• Alternative routes through conventional roads also regulated to avoid free-riders.

EC to promote “user-pay” and “polluter pay” schemes, so MS ideally implement:

• Tolls for managing congestion and pollution in metropolitan areas.

• Innovation and adaptation to optimize mobility, improving capacity and efficiency (i.e. managed lanes).

13

2. EU Toll Road Market“Pay-per-use” model for financial sustainability of infrastructure


3. Benefits of ETS free-flow systemsTowards a seamless road charging

system

1

15

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:


3. Benefits of ETS Free-flow systemsEETS Model

Figure 1

Source: Own elaboration

Brussels, 9th of December 16

Abertis experienceTowards Free-flow systems

New Gantry

New Gantry

Old plazas

Improvements in Puerto Rico

Old plaza

17

Abertis experienceTowards Free-flow systems

Brussels, 9th of December

Accidents in Puerto Rico


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

3. Benefits of ETS Free-flow systemsWhy free-flow?

18

Thank you for your attention

Commitment and delivery

tolls for sustainable high capacity roads · 2017-04-13 · (i.e. truck park, cross-docking, etc.)....

Documents