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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Format: | Article |
Language: | English |
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MDPI AG
2023-07-01
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Series: | Engineering Proceedings |
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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. |
first_indexed | 2024-04-24T18:19:03Z |
format | Article |
id | doaj.art-4f6c952b1a3a42f5b74ccd18e48b3d00 |
institution | Directory Open Access Journal |
issn | 2673-4591 |
language | English |
last_indexed | 2024-04-24T18:19:03Z |
publishDate | 2023-07-01 |
publisher | MDPI AG |
record_format | Article |
series | Engineering Proceedings |
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 |