PROJECT EVALUATION (1.011)

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Transcription:

PROJECT EVALUATION (1.011) Spring 2011 Lecture 14 HSR (Cont'd from Lecture 10) Instructors: Professor Joseph Sussman Carl Martland Teaching Assistants: Nihit Jain Edna Edzell

HSR around the Globe Why has HSR been developed at so many places around the Globe but not in the U.S.?

Source: United States Federal Government.

Source: United States Federal Government.

Reference: HSR in America, by America2050 America2050 is an advocacy group That is in contrast with scholarly literature Givoni Albalate and Bel

Findings from HSR in America, by America2050 I Where HSR can work Corridors of 100-600 miles Major employment and population centers In the US, 11 megaregions, with 70% of US population and regional GDP is located

Findings from HSR in America, by America2050 II Where HSR can work Promising short corridors, possible as part of a longer corridor New York- Philadelphia Los Angeles- San Diego Chicago- Milwaukee

Findings from HSR in America, by America2050 III Where HSR can work Very large city (or cities) are powerful generators of rail traffic on a corridor with medium and smaller cities-- the anchor tenant idea Likely to generate more traffic than corridors of the same overall population with just medium cities

Findings from HSR in America, by America2050 IV Where HSR can work Workforce composition is important Knowledge workers more likely to travel Industrial areas generate less passenger traffic than knowledge industries such as finance

HSR in the U.S. Federal funds Spread out over a number of states The hope: the states and the private sector will partner California Wisconsin Ohio Florida

HSR in the U.S. II The reality: a lot of uncertainty Costs--these are BIG projects Benefits-- depends on uncertain ridership Can the financing be cobbled together?

HSR in the U.S. III A key question: Is this a set of projects or a program?

HSR in the U.S. IV Cost Effectiveness Questions at 3 levels If you want to build HSR, what system do you build? If you want to improve intercity transportation, is this the best use of the money? If you want to make the U.S. a better country, is this the best use of the money?

HSR in the U.S. V Compare and contrast with the U.S. Interstate System

Source: United States Federal Government.

Source: United States Federal Government.

RIDERSHIP DRIVES BENEFITS Service Quality Drives Ridership What Determines Service Quality

Service Quality How to measure Travel Time (Station to Station) Travel Time (Door to Door) Service Frequency Service Reliability Fares = f(costs, subsidies) Comfort aboard Wi-fi Seats Food Safety All these are fundamental to mode choice, demand and financial viability

HSR in the U.S. Florida Jump-start the program Tampa-Orlando What s right with this route? What's wrong with this route? What actually happened? Ref: New York Times, March 11, 2011, How Flaws Undid Obama's Hope for HSR in Florida

HSR in the U.S. Who are the stakeholders?

HSR in the U.S. Who are the stakeholders (I)? The traveling public The freight railroads and freight shippers The airlines The intercity bus industry Automobile manufacturers Highway advocates Urban transportation operators (buses, rail) Trucking companies

HSR in the U.S. Who are the stakeholders (2)? Electric utilities Environmental/ Energy activists Urban states/ rural states Construction industry Economic growth advocates Social equity advocates

Vigo Valença Braga Porto Salamanca Aveiro Coimbra Leiria Oeste Lisboa Elvas/Badajoz Évora Huelva Faro Image by MIT OpenCourseWare.

Vigo Valença Port-Vigo Braga Porto Porto-Madrid Aprox. 2h45m Salamanca Aveiro-Salamanca Aveiro Coimbra Madrid Leiria Oeste Lisboa Lisboa-Madrid Évora Elvas/Badajoz Lisboa-Madrid Aprox. 2h45m Faro-Hueiva Faro Huelva Image by MIT OpenCourseWare.

High Speed Railroad Map of Europe removed due to copyright restrictions. This image can be viewed on Wikipedia: http://da.wikipedia.org/wiki/fil:high_speed_railroad_map_europe_2009.gif.

Applications in Spain m(3/5) High speed rail - AVE High Speed Railroad Map of Spain removed due to copyright restrictions. This image can be viewed on Wikipedia: http://en.wikipedia.org/wiki/file:highspeedspain-february2008.png.

High Speed Railroad Map of Japan removed due to copyright restrictions. This image can be viewed on Wikipedia: http://en.wikipedia.org/wiki/file:shinkansen_map_20110312_en.png.

MIT OpenCourseWare http://ocw.mit.edu 1.011 Project Evaluation Spring 2011 For information about citing these materials or our Terms of Use, visit: http://ocw.mit.edu/terms.