DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY ...
DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT D: BUDGETARY AFFAIRS
The Results and Efficiency of Railway Infrastructure Financing within the EU
STUDY
Abstract
Upon request by the Committee on Budgetary Control (CONT) this study analyses the results, efficiency and effectiveness of the EU investment in rail infrastructure with a special focus on cross border rail projects. Beginning with a discussion of the reasons for the moderate success of EU railway policy it investigates four case studies with a focus on effectiveness of funding schemes and success of removing bottlenecks, particularly at border crossings, to improve attractiveness of the railway mode. Recommendations are given for a more efficient joint development of a European rail network by the Member States and the EU and a further development of funding schemes tailored to railways.
IP/B/TRAN/FWC/2010-006/LOT4/C1/SC8 PE 552.308
30/09/2015 EN
This document was requested by the European Parliament's Committee on Budgetary Control. It designated Mr Markus Pieper, MEP, to follow the study.
AUTHORS
Mr Claus DOLL, Fraunhofer Institute for Systems and Innovation Research ISI Mr Werner ROTHENGATTER, Karlsruhe Institute of Technology Mr Wolfgang SCHADE, M-Five GmbH Mobility, Futures, Innovation, Economics
RESPONSIBLE ADMINISTRATOR
Ms Vera MILICEVIC Policy Department D: Budgetary Affairs European Parliament B-1047 Brussels E-mail: vera.milicevic@ep.europa.eu
LINGUISTIC VERSIONS
Original: EN Translation: FR, DE
ABOUT THE EDITOR
Policy Departments provide in-house and external expertise to support European Parliament's committees and other parliamentary bodies in shaping legislation and exercising democratic scrutiny over EU policies. To contact the Policy Department or to subscribe to its newsletter please write to: poldep-budg@europarl.europa.eu
Manuscript completed in October 2015. Brussels, ? European Union, 2015.
This document is available on the Internet at:
DISCLAIMER
The opinions expressed in this document are the sole responsibility of the author and do not necessarily represent the official position of the European Parliament.
Reproduction and translation for non-commercial purposes are authorized, provided the source is acknowledged and the publisher is given prior notice and sent a copy.
The Results and Efficiency of Railway Infrastructure Financing within the EU ____________________________________________________________________________________________
CONTENTS
CONTENTS
3
LIST OF ABBREVIATIONS
7
LIST OF TABLES
11
LIST OF MAPS
11
LIST OF FIGURES
11
EXECUTIVE SUMMARY
13
1. INTRODUCTION
19
2. EUROPEAN RAILWAY POLICY
21
2.1. Railway Market organisation and competition policy
22
2.2. Variety and Regulation of Technical Standards
24
2.3. Infrastructure Investment Policy
26
2.4. Policy Achievements
27
3. EUROPEAN RAILWAY INFRASTRUCTURE FUNDING
31
3.1. European Funding Options for rail projects
32
3.1.1. National Funding
32
3.1.2. EU Funding of transport infrastructure
34
3.1.2.2 EIB-Loans and Loan Guarantee Instrument for TEN-T Projects (LGTT)
36
3.1.2.3 EU Project bonds
36
3.1.2.4 Developing new schemes for European Infrastructure Projects
37
3.2. Past EU Railway funding 2000 ? 2006 and 2007 ? 2013
39
3.2.1. Expenditures in the funding period 2000 ? 2006
39
3.2.2. Expenditures in the funding period 2007 ? 2013
43
3.3. TEN-T and CEF funds for 2014 to 2020
48
3.4. The role of EFSI and CEF
51
4. CASE STUDIES
53
4.1. Case Study Selection and Design
53
4.2. PP11: ?resund fixed link
54
4.2.1. Transport impacts and bottlenecks
54
4.2.2. Impact assessment and funding
55
4.2.3. Regional and cross-border impacts
55
4.2.4. Conclusions
55
4.3. PP2: The pbkal northern european high speed netWOrk
55
3
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