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Author: Great Britain: National Audit Office Publisher: Stationery Office ISBN: 9780102981421 Category : Business & Economics Languages : en Pages : 56
Book Description
In this early examination of progress by the Department for Transport in planning for the High Speed 2 rail network, the National Audit Office expresses reservations about the Department's business case. The Department has poorly articulated the strategic need for a transformation in rail capacity and how High Speed 2 will help generate regional economic growth. The Department's methodology for appraising the project puts a high emphasis on journey-time savings, but the relationship between these savings and the strategic reasons for doing the project, such as rebalancing regional economies, is unclear. The benefit-cost ratio calculated for phase one has twice contained errors and the Department has been slow to carry out its own assurance of the underlying analysis. The most recent benefit-cost ratio (published in August 2012) is 1.4 to 1 but is likely to change as the ratio is sensitive to changes in data underpinning assumptions, such as GDP growth forecasts. It does not, however, reflect the Department's current assumption on the relationship between passenger numbers and GDP growth. The Department should also carry out research into how business travellers use their time on trains. HS2 Limited has also not yet analysed the effect on passenger demand, revenues and the benefit-cost ratio of charging passengers premium prices. The NAO estimates that there is a £3.3 billion funding gap over four years (2017-18 to 2020-21) which the government has yet to decide how to fill.
Author: Great Britain: National Audit Office Publisher: Stationery Office ISBN: 9780102981421 Category : Business & Economics Languages : en Pages : 56
Book Description
In this early examination of progress by the Department for Transport in planning for the High Speed 2 rail network, the National Audit Office expresses reservations about the Department's business case. The Department has poorly articulated the strategic need for a transformation in rail capacity and how High Speed 2 will help generate regional economic growth. The Department's methodology for appraising the project puts a high emphasis on journey-time savings, but the relationship between these savings and the strategic reasons for doing the project, such as rebalancing regional economies, is unclear. The benefit-cost ratio calculated for phase one has twice contained errors and the Department has been slow to carry out its own assurance of the underlying analysis. The most recent benefit-cost ratio (published in August 2012) is 1.4 to 1 but is likely to change as the ratio is sensitive to changes in data underpinning assumptions, such as GDP growth forecasts. It does not, however, reflect the Department's current assumption on the relationship between passenger numbers and GDP growth. The Department should also carry out research into how business travellers use their time on trains. HS2 Limited has also not yet analysed the effect on passenger demand, revenues and the benefit-cost ratio of charging passengers premium prices. The NAO estimates that there is a £3.3 billion funding gap over four years (2017-18 to 2020-21) which the government has yet to decide how to fill.
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher: The Stationery Office ISBN: 9780215061737 Category : Business & Economics Languages : en Pages : 56
Book Description
The Department for Transport has yet to present a convincing strategic case for High Speed 2. It has not yet demonstrated that this is the best way to spend £50 billion on rail investment in these constrained times, and that the improved connectivity will promote growth in the regions rather than sucking even more activity into London. The pattern so far has been for costs to spiral - from more than £16 billion to £21 billion plus for phase one - and the estimated benefits to dwindle. The Department has been making huge spending decisions on the basis of fragile numbers, out-of-date data and assumptions which do not reflect real life, such as assuming business travellers do not work on trains using modern technology. The Department has ambitious and unrealistic, plans for passing the Bill for High Speed 2. The timetable is much tighter than for either High Speed 1 or Crossrail, despite the fact High Speed 2 is a much larger programme. Not allowing enough time for preparation undermines projects from the start. A rushed approach contributed to the failure of the InterCity West Coast franchise award. The Department has increased its High Speed rail team, but getting the right mix of skills is challenging and the Department lacks the commercial skills necessary to protect taxpayers' interest on a programme of this size
Author: Bai Gao Publisher: World Scientific ISBN: 9811206767 Category : Technology & Engineering Languages : en Pages : 456
Book Description
High-speed railway system is interdisciplinary subject that covers infrastructure, mobile equipment, traction power supply, communication signal, operation and maintenance, and transportation organization. The purpose of this book is to give readers a basic understanding of the technology behind of China's high-speed rail network.In this book, the author mainly focusses on the innovations of products and processes, especially product innovation, which involves the selection of technology route, technology system and technology source. Therefore, the innovation in HST here refers to the selection of technology route, technology system and technology source, as well as, the new products developed and manufactured according to the selection. With the in-depth study, the author would like to provide outlook for development in this area in the next stage.
Author: Great Britain: Department for Transport Publisher: The Stationery Office ISBN: 9780101850827 Category : Business & Economics Languages : en Pages : 114
Book Description
This document sets out the government's initial preferences for phase two of HS2, extending the route north of Birmingham to Manchester and Leeds. HS2 is a once in-a-generation opportunity to transform Britain's connectivity, capacity and competitiveness. It will be a national asset, slashing journey times and improving services between our cities and regions. It will also free up substantial space on the existing railway. Part I of this document sets out more of the background to the HS2 project. It describes in greater detail the role that high speed rail has to play in meeting the future transport and economic needs of this country. Part 2 moves on to discuss the detail of the government's initial preferred route, station and depot options for phase two. It looks at the western and eastern sections in turn, summarising each of the initial preferred route and station options - running northwards from Birmingham and having five stops at: Manchester; Manchester Airport; Toton in the East Midlands; Sheffield; and Leeds. It also includes more details on how high speed trains would be able to continue to destinations such as Liverpool, Runcorn, Wigan, Durham, Newcastle, Glasgow and Edinburgh through connections with the existing rail network. It then explains the government's position on Heathrow. Part 3 covers the next steps for the project. The government has an extensive programme of collaboration and partnership working with key stakeholders to take the initial options presented in this document forward
Author: Albert O. Hirschman Publisher: Brookings Institution Press ISBN: 0815726430 Category : Business & Economics Languages : en Pages : 227
Book Description
Originally published in 1967, the modest and plainly descriptive title of Development Projects Observed is deceptive. Today, it is recognized as the ultimate volume of Hirschman's groundbreaking trilogy on development, and as the bridge to the broader social science themes of his subsequent writings. Though among his lesser-known works, this unassuming tome is one of his most influential. It is in this book that Hirschman first shared his now famous "Principle of the Hiding Hand." In an April 2013 New Yorker issue, Malcolm Gladwell wrote an appreciation of the principle, described by Cass Sunstein in the book's new foreword as "a bit of a trick up history's sleeve." It can be summed up as a phenomenon in which people's inability to foresee obstacles leads to actions that succeed because people have far more problem-solving ability that they anticipate or appreciate. And it is in Development Projects Observed that Hirschman laid the foundation for the core of his most important work, Exit, Voice, and Loyalty, and later led to the concept of an "exit strategy."
Author: Martha Lawrence Publisher: World Bank Publications ISBN: 1464814252 Category : Business & Economics Languages : en Pages : 101
Book Description
Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
Author: Zhenhua Chen Publisher: Emerald Group Publishing ISBN: 1784419842 Category : Transportation Languages : en Pages : 287
Book Description
This book reflects on experiences in other countries and makes recommendations for improving the capability and capacity of institutions and organizations, in order to achieve sustainable development of the Chinese high-speed railway (HSR) system.
Author: Great Britain: H.M. Treasury Publisher: Stationery Office ISBN: 9780101866927 Category : Technology & Engineering Languages : en Pages : 82
Book Description
In this paper the Government announces an increase in capital spending plans by £3 billion a year, from 2015, which means an additional £18 billion of investment over the next parliament. The Government is taking a long-term approach to infrastructure, to overcome decades of short-term decision making and uncertainty in funding, financing and failures in delivery. Plans include over £70 billion of investment in transport, over £20 billion in schools and £10 billion in science, housing and flood defences. Specific commitments include funding for HS2, the biggest programme of investment in roads since the 1970s, and superfast broadband provision will be expanded so 95 per cent of UK premises will have access to superfast broadband by 2017.Action is being taken to provide the support needed to enable up to £100 billion of private sector energy investment, including through the further roll-out and extension of the UK guarantees scheme. Lessons on successful project delivery will be learnt from the Olympics and similar examples.
Author: Simon Collart-Dutilleul Publisher: Springer Nature ISBN: 3030720039 Category : Technology & Engineering Languages : en Pages : 251
Book Description
This book examines the problem of interoperability related to operating rules and gives an overview of the formal method approaches related to this subject. The book examines the interoperability issues concerning implementation of European Rail Traffic Management System (ERTMS) while crossing a boarder. It also looks at the implementing of the ERTMS and provides solutions regarding operating rules for ERTMS lines, using formal methods and simulation tools. The contributors will also discuss operating rule validation and formal methods for safety assessment.
Author: Sirong Yi Publisher: Academic Press ISBN: 0128129344 Category : Technology & Engineering Languages : en Pages : 326
Book Description
Dynamic Analysis of High-Speed Railway Alignment: Theory and Practice elaborates on the dynamic analysis theory and method on spatial alignment parameters of high-speed railways, revealing the interaction mechanism between vehicle-track dynamic performance and track parameters of high-speed railways. It ascertains the influence rules of track structure and track geometry on vehicle-track dynamic performance, establishes the relationship models between vehicle-track dynamic performance and curve dynamic characteristic parameters, and defines the calculation relationship between lateral acceleration of car body on curves and track parameters. This book can be used as a reference book for scientific researchers, engineering technicians and management engaged in railway engineering, and will be very helpful for railway technicians who want to learn more about route planning, design, and construction and maintenance technologies of high-speed railways. - Presents the dynamic effects between the running speed of high-speed trains on curves and spatial curve technical parameters - Provides dynamic analysis, theory and methods on curve parameters of high-speed railways and improves the calculation theory on spatial alignment of high-speed railways - Covers minimum curve radius, transition curve length, minimum radius of vertical curve, steepest slope, minimum slope length and length of intermediate straight line
Author: Great Britain: National Audit Office
Author: Great Britain: National Audit Office
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Author: Bai Gao
Author: Great Britain: Department for Transport
Author: Albert O. Hirschman
Author: Martha Lawrence
Author: Zhenhua Chen
Author: Great Britain: H.M. Treasury
Author: Simon Collart-Dutilleul
Author: Sirong Yi