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Harmonised Guidelines for Transport Costing: Noise Valuation Results in Project Assessment

Explore harmonisation of project assessment methods at EU level, focusing on Noise valuation results for infrastructure projects. Validate guidelines through stakeholder consultations. Use results in risk identification, accidents valuation, and environmental impact assessment.

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Harmonised Guidelines for Transport Costing: Noise Valuation Results in Project Assessment

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  1. Noise valuation: Use of results in HEATCO Alistair Hunt University of Bath EC HEATCO project meeting Las Palmas 19.01.06

  2. HEATCO Project • HEATCO's primary objective is the development of harmonised guidelines for project assessment and transport costing at EU level, with specific application to Trans-European Network (TEN) projects. • Explore scope for harmonisation of methods and values • Validate through consultation with policy makers and other relevant stakeholders

  3. Overall structure of HEATCO

  4. WP4 components • 4.1 Generic valuation issues e.g. discounting, risk & uncertainty, benefit transfer etc • 4.2 Valuation of Time losses/gains • 4.3 Valuation of Accidents • 4.4 Valuation of Environment • 4.5 Treatment of Infrastructure costs

  5. Use of Noise valuation results • Noise chosen for valuation since was most pressing gap in transport CBA work identified in WP2 & WP3 • Results feed into WP 4.1 and WP 4.4 • To test recommendations regarding benefit transfer procedures (WP 4.1) e.g. Re: income elasticities, cultural differences • to enlarge the basis of consistent European values, both in terms of geography and content (WP 4.4) (Important trend in EU policy) • Results feed into WP 6 Case studies (Currently being undertaken)

  6. WP 6 Case studies

  7. Other uses • Methodological developments • Use of noise level change to “not annoyed” level • Relates objective measure (dB(A)) to subjective value (WTP) • New national values for domestic project/policy applications

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