This is rubbish.
There is a cost associated with any asset, the great thing about privatisation is that it made the railway's accounts transparent. Whether the London & Birmingham Railway owned the asset, or BR or a demonised ROSCO — these costs exist.
Whether you like it or not as long as an asset continues to be used after the income generated by it has paid off the initial construction costs there will continue to be costs involved is ensuring its continued operation in a safe manner. This may require re-engineering some or all of the asset at some or several points in its career. This costs.
These costs may be hidden, as in the case of the BTC, or in the sectorised days of BR becoming more visible through to nearly full transparency after 1993 — but they existed then and still exist now. They are not now suddenly 'an additional revenue burden for the industry'. BR also did mid-life updates of some of its assets, both infrastructure and rolling stock and these costs were, even then, a 'revenue burden'. Someone had to pay. As long as an asset is in use there are other costs involved than simply those of employing the operating staff, cleaning the thing and changing the oil and brake pads regularly. It is delusional to think otherwise.
Clearly ROSCOs price in a lot of genuine costs, from building the trains to financing to midlife reviews etc. One of these costs is the risk of the asset being retired early (as has happened to some EMUs recently). One problem with the current set-up is that it doesn't promote good risk-management to reduce/avoid the risk of early retirement.
Hello, I'm the nobody who will. I think there are few routes left which justify electrification, and those few don't justify anything like a "rolling plan of electrification." It sounds like a massive expense over a very long time for no benefit.
I can think of quite a few sections that would justify electrfication (and aren't currently authorised yet):
- The remaining bits of London-Bristol TM (both routes)
- The Chiltern lines out of Marylebone
- The Snow hill lines in Birmingham
- The great Western (at least to Exeter)
- The diesel islands in southern land (probably 3rd rail, though for the quieter ones batteries may be an option)
- Felixstowe-West midlands (for freight)
- The busier lines up north
- Undoubtedly other lines I'm less familiar with
Clearly we can't do all of them at the same time, so a rolling programme seems sensible to me.
It would take a big push to convert 750 DC third rail to 25kV AC overhead. Although 25kV AC progresses in stages courtesy of Bi-Modes. But do we have enough spare EMUs that are dual voltage ?.
Any electrification programme will be so glacial that there'll be plenty of time to order the appropriate trains.
And all recently built 3rd rail EMUs are in fact dual voltage (701s/707s/700s).
Not that I think changing 3rd rail to OHLE should be a priority, but lack of dual-voltage stock definitely isn't an impediment
Actually fuel is another good point. A 150 needs to be fuelled every three days or so. An EMU can run for thousands of miles, pretty much until they break or need a scheduled exam. Granted the toilet tanks need emptying nowadays but a full toilet doesn't stop the train.
The reliability of the OHL does seem to vary from route to route. But there must be some advantages to electrified routes otherwise why would we have bothered with all the routes that have been done?
There's quite a few, an incomplete list:
- EMUs are cheaper to build and maintain
- Electricity is a cheaper fuel than diesel
- Regenerative braking is possible, further reducing energy use (and cost)
- Electrics typically accelerate more quickly
- the 'sparks effect', where passenger numbers (and revenue) increase post-electrification
- Electric trains are quieter, have much lower carbon emissions and have fewer negative effects on air pollution