Maglev in the UK From strategic business plan to delivery. San Diego December 2008 Dr Alan James, CEO UK Ultraspeed

Transcription

1 Maglev in the UK From strategic business plan to delivery San Diego December 2008 Dr Alan James, CEO UK Ultraspeed

2 Single most important factor Transrapid is a proven reality 30 km at 431km/h in Shanghai has demonstrated maglev in public service km city-to-city maglev links then become realistic goals for British policy-makers km British intercity network can then be promoted on prudent step-by-step business plan and policy can be influenced accordingly.

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4 Ultraspeed communications always keeps the 850 km North:South network in focus UK maglev business case!gets stronger as the UK maglev network!gets longer

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6 Glasgow Edinburgh NCL Tees LIV MAN Leeds W Mids LHR London

7 Glasgow Edinburgh NCL Tees LIV MAN Leeds W Mids LHR London

8 UK Ultraspeed 500km/h route 300 km/h HSR proposals Maglev stations at airports Glasgow Edinburgh NCL Tees Leeds LIV MAN W Mids LHR London in city centres East - West Northern Way included as integral part of North - South system. E:W Scotland Central Belt 20th Century speed 200km longer 2 x the trains 2 x the energy 3 x the ops costs few regional links 25% - 50% slower UK Ultraspeed Does more: costs less High Speed Rail Does less: costs more

9 UK Ultraspeed 500km/h route km/h medium speed proposal Maglev stations at airports Edinburgh Glasgow EDI NCL Tees Mancs Leeds LIV MAN BHX W Mids LHR M25 London in city centres East - West Northern Way included as integral part of North - South system. E:W Scotland Central Belt Sub-TGV speed WCML+ incremental exacerbates N:S not strategic no regional links 40% - 65% slower More Even Less A lack of vision that would shame a fish in a tin. Newcastle Journal

10 So Ultraspeed makes the!! big maglev arguments By proving benefit on the!! big national scale

11 So Ultraspeed makes the!! big maglev arguments By proving benefit on the!! big national scale It has taken 5 years but maglev is now setting the UK agenda

12 House of Commons Motion December 2008 Signed by transport spokesmen of: Scottish National Party Liberal Democrats with support from Labour MPs Conservative MPs

13 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; Signed by transport spokesmen of: Scottish National Party Liberal Democrats with support from Labour MPs Conservative MPs

14 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; Signed by transport spokesmen of: Scottish National Party Liberal Democrats with support from Labour MPs Conservative MPs

15 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs

16 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs and calls on the Government to endorse the United Kingdom Ultraspeed Maglev project and to take practical steps towards developing a high speed rail network for the United Kingdom.

17 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs and calls on the Government to endorse the United Kingdom Ultraspeed Maglev project and to take practical steps towards developing a high speed rail network for the United Kingdom.

18 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs and calls on the Government to endorse the United Kingdom Ultraspeed Maglev project and to take practical steps towards developing a high speed rail network for the United Kingdom.

19 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs and calls on the Government to endorse the United Kingdom Ultraspeed Maglev project and to take practical steps towards developing a high speed rail network for the United Kingdom.

20 House of Commons Motion December 2008 That this House recognises the considerable potential of Maglev technology for the United Kingdom's rail network; notes that it provides the most cost-effective high-speed rail solution; further notes the substantial economic and Signed by transport spokesmen of: Scottish National Party environmental benefits that could be brought with a broad intercity maglev network in addition to substantial improvements in speed, comfort and reliability of rail services; Liberal Democrats with support from Labour MPs Conservative MPs and calls on the Government to endorse the United Kingdom Ultraspeed Maglev project and to take practical steps towards developing a high speed rail network for the United Kingdom.

21 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

22 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. Committed " to 400 km London Leeds route at minimum The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

23 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. Committed " to 400 km London Leeds route at minimum Committed " to 15.6 bn public funding " " " total project capital cost 20.0 bn The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

24 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg Committed " to 400 km London Leeds route at minimum Committed " to 15.6 bn public funding " " " total project capital cost 20.0 bn Committed " to build high speed North:South ground transport " " " & not to build third runway at Heathrow Airport The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

25 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg Committed " to 400 km London Leeds route at minimum Committed " to 15.6 bn public funding " " " total project capital cost 20.0 bn Committed " to build high speed North:South ground transport " " " & not to build third runway at Heathrow Airport Committed" to open competition to select best technology " " " journey times will be key competition criterion The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

26 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg Committed " to 400 km London Leeds route at minimum Committed " to 15.6 bn public funding " " " total project capital cost 20.0 bn Committed " to build high speed North:South ground transport " " " & not to build third runway at Heathrow Airport Committed" to open competition to select best technology " " " journey times will be key competition criterion The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool

27 It is vital that investment is made in [a North:South] high speed link, ahead of any decision to support airport expansion in the South East. The technology to be used remains to be decided. It has to be costeffective and environmentally friendly. LibDem Leader, Nick Clegg The maglev proposals would reduce travel time to London to just over an hour. LibDem Manifesto, Liverpool Committed " to 400 km London Leeds route at minimum Committed " to 15.6 bn public funding " " " total project capital cost 20.0 bn Committed " to build high speed North:South ground transport " " " & not to build third runway at Heathrow Airport Committed" to open competition to select best technology " " " journey times will be key competition criterion Confirmed" UK Ultraspeed welcomes the competition " " " and will lead the consortium that will win it " " " With the world s first " " " full-speed " 500 km/h " " " full-scale "" intercity maglev

28 New funding approach Committing risk-reducing State funding at the riskiest early stages of projects De-risks and supports private sector commitment to funding and delivery

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30 Time

31 MagCo bid costs Time

32 MagCo bid costs Time MagCo build costs

33 Guaranteed payments to MagCo from Govt MagCo bid costs Time MagCo build costs

34 Guaranteed payments to MagCo from Govt Revenue receipts by MagCo MagCo bid costs Time MagCo build costs

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36 Franchise Fee To Govt Cash Retained by business

37 Franchise Fee To Govt Cash Retained by business

38 Franchise Fee To Govt Cash Retained by business

39 Franchise Fee To Govt Cash Retained by business RISK

40 Franchise Fee To Govt Cash Retained by business R E W A R D RISK

41 Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route.

42 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route.

43 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Maglev:" 20bn~665 km [415 mls] TGV:" 20bn~400 km [250 mls] Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route.

44 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Maglev:" 20bn~665 km [415 mls] TGV:" 20bn~400 km [250 mls] Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route. O&M:" VFM:! 50% 65% of TGV-style rail 50% whole life cost of TGV

45 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Maglev:" 20bn~665 km [415 mls] TGV:" 20bn~400 km [250 mls] Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route. O&M:" VFM:! 50% 65% of TGV-style rail 50% whole life cost of TGV Benefit NPV substantially outweighs Cost NPV at all scales of deployment

46 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Maglev:" 20bn~665 km [415 mls] TGV:" 20bn~400 km [250 mls] Whoever wins the General Election Speed:! Faster than flying!! Beats TGV over all sectors " " 2.5x 5x faster than rail CO2: " 8x 12x less than flying " " 1.4x 1.6x less than TGV Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route. O&M:" VFM:! 50% 65% of TGV-style rail 50% whole life cost of TGV Benefit NPV substantially outweighs Cost NPV at all scales of deployment

47 Maglev capex:" 30m/km [2008] UK TGV capex:" 56m/km [2005] Maglev:" 20bn~665 km [415 mls] TGV:" 20bn~400 km [250 mls] Speed:! Faster than flying!! Beats TGV over all sectors " " 2.5x 5x faster than rail CO2: " 8x 12x less than flying " " 1.4x 1.6x less than TGV Whoever wins the General Election Maglev will set the pace as Fastest, greenest, most comprehensive & lowest-cost over full Anglo-Scottish North:South route. Delivers benefit on a city-to-city scale Business plan encourages start with a stand-alone Stage One link Full North:South roll-out over time O&M:" VFM:! 50% 65% of TGV-style rail 50% whole life cost of TGV Benefit NPV substantially outweighs Cost NPV at all scales of deployment

48 Win key details On key sections

49 Why maglev works best in Britain Example: North England Super-Region

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77 < Maglev P&R

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80 M62 (M60) + 21

81 M62 (M60) P&R + 21

82 + M62 (M60) P&R MAGLEV 21

83 + M62 (M60) P&R MAGLEV DRIVING 21

84 + M62 (M60) P&R MAGLEV DRIVING MANCHESTER minutes!20-30 daily

85 + M62 (M60) P&R MAGLEV DRIVING MANCHESTER minutes!20-30 daily + + LIVERPOOL minutes!25-30 daily + 21

86 + M62 (M60) P&R MAGLEV DRIVING MANCHESTER *8 minutes!8 day return including P MANCHESTER minutes!20-30 daily + + LIVERPOOL minutes!25-30 daily + 21

87 + M62 (M60) a compelling alternative P&R MAGLEV DRIVING MANCHESTER MANCHESTER *8 minutes minutes!8 day return!20-30 daily better value for including P + + time and money LIVERPOOL LIVERPOOL *33 minutes minutes!12 day return including P!25-30 daily + 21

88 + M62 (M60) P&R MAGLEV MANCHESTER *8 minutes!8 day return including P it is all about choice DRIVING MANCHESTER minutes!20-30 daily + + LIVERPOOL *33 minutes!12 day return including P LIVERPOOL minutes!25-30 daily + 21

89 it is all about choice

90 it is all about choice how much more of this do we have to take?

91 when we can have... it is all about choice how much more of this do we have to take?

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93 The economic benefits of such a link would be incredible... it would shred existing journey times to the major cities. Until you travel on Maglev, you cannot really appreciate what a phenomenal invention it is. It is ridiculously quiet for something travelling at such immense speeds and its ability to shrink long journey times is breath-taking. James Ramsbotham CEO North East Chamber of Commerce

94 it is all about choice

95 not just good for your wallet it is all about choice

96 not just good for your wallet it is all about choice but great for your planet too

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98 Emissions CAR 1 journey to Manchester Small car g CO2 Family car g CO2 Large 4x4 g CO2 21 ^_+= ^_+=

99 Emissions for 17.2km journey into Central Manchester Emissions CAR 1 journey to Manchester Small car g CO2 Family car g CO2 Large 4x4 g CO2 21 ^_+= ^_+= Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

100 Emissions for 17.2km journey into Central Manchester Emissions CAR 1 journey to Manchester Small car g CO2 Family car g CO2 Large 4x g CO2 21 ^_+= ^_+= Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

101 Emissions for 17.2km journey into Central Manchester Emissions MAGLEV Emissions CAR Now operating % full 1 journey to Manchester Energy source % green Small car g CO2 1 pass gr to Family car g CO2 g CO2 Manchester = Large 4x g CO2 21 ^_+= ^_+= ^_+= ^_+= Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

102 Emissions for 17.2km journey into Central Manchester Emissions MAGLEV Emissions CAR Now operating 7 0 % full 1 journey to Manchester Energy source 5 5 % green Small car g CO2 1 pass gr to Manchester = g CO2 Family car Large 4x g CO2 g CO2 21 ^_+= ^_+= ^_+= ^_+= Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

103 Emissions for 17.2km journey into Central Manchester Emissions MAGLEV Emissions CAR Now operating 7 0 % full 1 journey to Manchester Energy source 5 5 % green Small car g CO2 1 pass gr to Manchester = g CO2 Family car Large 4x g CO2 g CO2 21 ^_+= ^_+= ^_+= ^_+= Source! Transrapid power sim for LM&L Input! 122km x 500pax! = 4.96 MWh Input! 2007 Generation 430kg per MWh Result! 34g per 100% Load Factor Calc! 70% LF & 55% elec from zero-carbon sources Result! 28g per pkm x 17.2km! = 486g Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

104 Emissions for 17.2km journey into Central Manchester Emissions MAGLEV Emissions CAR not just good for Now operating Energy source 1 pass gr to your wallet Manchester = % full it is all % green g CO2 about choice 1 journey to Manchester Small car Family car Large 4x g CO2 g CO2 but great for your planet too g CO2 21 ^_+= ^_+= ^_+= ^_+= Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

105 Emissions for 17.2km journey into Central Manchester Emissions MAGLEV Emissions CAR not just Now operating 5 0 % full it is all 1 journey to Manchester but good for Energy source 2 2 % green about Small car g CO2 great for 1 pass gr to your wallet Manchester = g CO2 choice Family car Large 4x g CO2 your planet too g CO2 21 ^_+= ^_+= ^_+= ^_+= Results on the same basis but assuming no improvement over today s generation mix thus 430kg CO2 per MWh generated 50% Load Factor Both figures enable direct comparison with Virgin rail stats: Go Greener which assumes same GenMix & 51% 55% LF Source DfT: Act On CO2 typical emissions for each class of car Small!! 148g/km Family!! 173g/km Large 4x4!! 230g/km

106 So Ultraspeed makes! really important maglev arguments By proving benefit in!! real life applications

107 So Ultraspeed makes! really important maglev arguments By proving benefit in!! real life applications Decisive! breakthroughs expected 2009

108 So Ultraspeed makes! really important maglev arguments By proving benefit in!! real life applications Decisive! breakthroughs expected 2009 Planning " for Stage One routes completed Delivery " processes ready to start 2009

109 So Ultraspeed makes! really important maglev arguments By proving benefit in!! real life applications Decisive! breakthroughs expected 2009 Planning " for Stage One routes completed Delivery " processes ready to start 2009 England! announcements from 23/01/09

110 So Ultraspeed makes! really important maglev arguments By proving benefit in!! real life applications Decisive! breakthroughs expected 2009 Planning " for Stage One routes completed Delivery " processes ready to start 2009 England! announcements from 23/01/09 Scotland! example of Ultraspeed planning...

111 Glasgow Edinburgh

112 Route overview Data: UKU 2008 including Transrapid route modelling

113 56.20 km miles min Data: UKU 2008 including Transrapid route modelling Route overview

114 56.20 km miles min km 6.34 miles 4.28 min Data: UKU 2008 including Transrapid route modelling Route overview

115 56.20 km km miles 6.34 miles min total trip km 4.28 min inc stop miles at EDI min Data: UKU 2008 including Transrapid route modelling Route overview

116 56.20 km km miles 6.34 miles min total trip km 4.28 min inc stop miles at EDI min km non-stop miles min Data: UKU 2008 including Transrapid route modelling Route overview

117 Ultra-high speed means exceptional efficiency Only 2 x 3-car units in service provide launch service: deps every 20 min in both directions. Build to 3 x 5-car units: increases capacity and allows departures each way every 15 min Plus 1 unit under maintenance rail units would be required. Illustration: 3-car & 5-car Transrapid units passengers per unit in Glasgow-Edinburgh configuration Energy usage stated for full 5-car units: shows full consumption of the fully-developed system.

118 Highest Speed Lowest Carbon 500 pax maglev vs rail and car Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15

119 Glasgow - Edinburgh via EDI Highest Speed 5000 Energy Consumption for 5 Sections (local) Gross Consumption Energy Consumption for 5 Sections (express) Gross Consumption 500 Lowest Carbon Energy Consumption [kwh] Regenerative Braking Speed Profile 2966 kwh 2760 kwh Speed [km/h] Energy Consumption [kwh] Regenerative Braking Speed Profile 2500 kwh 2310 kwh Speed [km/h] 500 pax maglev vs rail and car Glasgow Time [sec] Edinburgh Airport Edinburgh Haymarket Glasgow Time [sec] Edinburgh Haymarket 0 TRI/T/Kö Energy-tables-GL-ED xls TRI/T/Kö Energy-tables-GL-ED xls Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15 maglev performance known to the second & to the kwh

120 Glasgow - Edinburgh via EDI Highest Speed 5000 Energy Consumption for 5 Sections (local) Gross Consumption Energy Consumption for 5 Sections (express) Gross Consumption 500 Lowest Carbon Energy Consumption [kwh] Regenerative Braking Speed Profile 2966 kwh 2760 kwh Speed [km/h] Energy Consumption [kwh] Regenerative Braking Speed Profile 2500 kwh 2310 kwh Speed [km/h] 500 pax maglev vs rail and car Glasgow Time [sec] Edinburgh Airport Edinburgh Haymarket Glasgow Time [sec] Edinburgh Haymarket 0 TRI/T/Kö Energy-tables-GL-ED xls TRI/T/Kö Energy-tables-GL-ED xls Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15 maglev performance known to the second & to the kwh Trip time: mins Maglev Non Stop Maglev Stopping Rail Small Car 1.7 pax Large Car 1 pax

121 Glasgow - Edinburgh via EDI Highest Speed 5000 Energy Consumption for 5 Sections (local) Gross Consumption Energy Consumption for 5 Sections (express) Gross Consumption 500 Lowest Carbon Energy Consumption [kwh] Regenerative Braking Speed Profile 2966 kwh 2760 kwh Speed [km/h] Energy Consumption [kwh] Regenerative Braking Speed Profile 2500 kwh 2310 kwh Speed [km/h] 500 pax maglev vs rail and car Glasgow Time [sec] Edinburgh Airport Edinburgh Haymarket Glasgow Time [sec] Edinburgh Haymarket 0 TRI/T/Kö Energy-tables-GL-ED xls TRI/T/Kö Energy-tables-GL-ED xls Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15 maglev performance known to the second & to the kwh Trip time: mins CO2: kg per pax Maglev Non Stop Maglev Stopping Rail Small Car 1.7 pax Large Car 1 pax

122 Glasgow - Edinburgh via EDI Highest Speed 5000 Energy Consumption for 5 Sections (local) Gross Consumption Energy Consumption for 5 Sections (express) Gross Consumption 500 Lowest Carbon Energy Consumption [kwh] Regenerative Braking Speed Profile 2966 kwh 2760 kwh Speed [km/h] Energy Consumption [kwh] Regenerative Braking Speed Profile 2500 kwh 2310 kwh Speed [km/h] 500 pax maglev vs rail and car Glasgow Time [sec] Edinburgh Airport Edinburgh Haymarket Glasgow Time [sec] Edinburgh Haymarket 0 TRI/T/Kö Energy-tables-GL-ED xls TRI/T/Kö Energy-tables-GL-ED xls Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15 maglev performance known to the second & to the kwh Trip time: mins maglev emissions using Scotland s greenest renewable electricity CO2: kg per pax Maglev Non Stop Maglev Stopping Rail Small Car 1.7 pax Large Car 1 pax

123 Glasgow - Edinburgh via EDI Highest Speed 5000 Energy Consumption for 5 Sections (local) Gross Consumption Energy Consumption for 5 Sections (express) Gross Consumption 500 Lowest Carbon Energy Consumption [kwh] Regenerative Braking Speed Profile 2966 kwh 2760 kwh Speed [km/h] Energy Consumption [kwh] Regenerative Braking Speed Profile 2500 kwh 2310 kwh Speed [km/h] 500 pax maglev vs rail and car Glasgow Time [sec] Edinburgh Airport Edinburgh Haymarket Glasgow Time [sec] Edinburgh Haymarket 0 TRI/T/Kö Energy-tables-GL-ED xls TRI/T/Kö Energy-tables-GL-ED xls Source: rail & car time and carbon data HMG Transport Direct Trips are for GQS to Haymarket dep 08:15 maglev performance known to the second & to the kwh Trip time: mins maglev emissions using 0 Scotland s greenest renewable electricity CO2: kg per pax Maglev Non Stop Maglev Stopping Rail Small Car 1.7 pax Large Car 1 pax

124 Key results: 2008 business plan Capex basis: 2Q 2008 Item Value Comments Capital Cost (NPV) 1.8 bn includes all maglev equipment & fleet, civils & purchased land. includes contractors prelims, overheads & profits + design & project management Revenue p.a m after ramp-up period Ridership p.a. (millions of pax) City-to-City average fare after ramp-up period 8.95 in 2008 money [cf rail ~ 7.95] Ops, Maintenance & averaged Lifecycle Costs p.a. 54m after ramp-up including energy 41m in 2008 terms Benefits (NPV) 3.1 bn 0.5 bn Classic Transport economics Wider Economic Benefit