Is Maintaining a Train Network in New Zealand Worth the Cost?

The IPCC highlighted the potential for rail transport to play a vital role in transitioning to a low-carbon economy. In many countries, rail networks are operated and maintained by private companies. However, in N.Z., the privatization was undone in 2008. The nationalization was necessary to enable...

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Main Authors: Eric Scheepbouwer, Daniel van der Walt
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Engineering Proceedings
Subjects:
Online Access:https://www.mdpi.com/2673-4591/36/1/54
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author Eric Scheepbouwer
Daniel van der Walt
author_facet Eric Scheepbouwer
Daniel van der Walt
author_sort Eric Scheepbouwer
collection DOAJ
description The IPCC highlighted the potential for rail transport to play a vital role in transitioning to a low-carbon economy. In many countries, rail networks are operated and maintained by private companies. However, in N.Z., the privatization was undone in 2008. The nationalization was necessary to enable public investments to gain long-term benefits for N.Z. as a whole. Literature shows that accurate life cycle cost analysis of networks is very complex, and benefits are financial, environmental, and social. The latter two categories of benefits are often not considered by private companies. The uncertainties in calculations are often so significant that perhaps a more relevant issue is determining the long-term benefits of a network for a country.
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spelling doaj.art-4f6c952b1a3a42f5b74ccd18e48b3d002024-03-27T13:36:33ZengMDPI AGEngineering Proceedings2673-45912023-07-013615410.3390/engproc2023036054Is Maintaining a Train Network in New Zealand Worth the Cost?Eric Scheepbouwer0Daniel van der Walt1Department of CNRE, Faculty of Engineering, University of Canterbury, Christchurch 8041, New ZealandDepartment of CNRE, Faculty of Engineering, University of Canterbury, Christchurch 8041, New ZealandThe IPCC highlighted the potential for rail transport to play a vital role in transitioning to a low-carbon economy. In many countries, rail networks are operated and maintained by private companies. However, in N.Z., the privatization was undone in 2008. The nationalization was necessary to enable public investments to gain long-term benefits for N.Z. as a whole. Literature shows that accurate life cycle cost analysis of networks is very complex, and benefits are financial, environmental, and social. The latter two categories of benefits are often not considered by private companies. The uncertainties in calculations are often so significant that perhaps a more relevant issue is determining the long-term benefits of a network for a country.https://www.mdpi.com/2673-4591/36/1/54rail transport networkrail maintenancerail rehabilitationsustainable transportIPCCstate-owned enterprises
spellingShingle Eric Scheepbouwer
Daniel van der Walt
Is Maintaining a Train Network in New Zealand Worth the Cost?
Engineering Proceedings
rail transport network
rail maintenance
rail rehabilitation
sustainable transport
IPCC
state-owned enterprises
title Is Maintaining a Train Network in New Zealand Worth the Cost?
title_full Is Maintaining a Train Network in New Zealand Worth the Cost?
title_fullStr Is Maintaining a Train Network in New Zealand Worth the Cost?
title_full_unstemmed Is Maintaining a Train Network in New Zealand Worth the Cost?
title_short Is Maintaining a Train Network in New Zealand Worth the Cost?
title_sort is maintaining a train network in new zealand worth the cost
topic rail transport network
rail maintenance
rail rehabilitation
sustainable transport
IPCC
state-owned enterprises
url https://www.mdpi.com/2673-4591/36/1/54
work_keys_str_mv AT ericscheepbouwer ismaintainingatrainnetworkinnewzealandworththecost
AT danielvanderwalt ismaintainingatrainnetworkinnewzealandworththecost