High Speed Rail Strategic Business Case
October 2009
Contents
2. Investment Case
2.1 Purpose
2.2 Strategic Vision
2.3 Strategic Context
2.4 Economic Context
2.5 Objectives
2.6 Potential options
2.7 Assessment of benefits
2.7.1 International comparison of HSR in other
countries
2.7.2 Potential economic welfare benefits
2.7.3 Potential wider economic benefits
2.7.4 Potential impacts on business and
development
2.7.5 Potential impacts on investment
2.7.6 Potential impact on tourism
2.7.7 Environmental impact
2.8 Development of SMART Transport Planning
Objectives
2.9 Performance of potential options against
objectives
2.10 Potential alignments for the high speed
line
2.10.1 Alignment 1 — Glasgow-London via
Edinburgh
2.10.2 Alignment 2 — Dual line
network
2.10.3 Alignment 3 — Central spine
network
2.10.4 Preferred alignment
2.10.5 Heathrow airport
2.10.6 Integration with the Scottish rail
network
2.10.7 Channel tunnel rail link
3. Commercial, Financial and Management
Case
3.1 Commercial Case
3.2 Financial Case
3.3 Management Case
List of Figures
Figure
1 - Rail market share and rail journey time
Figure 2 -
Reverse S and Reverse E alignments
Figure 3 -
H alignment
Figure 4 -
Y alignment
List of Tables
Table
1 - Overview of the Edinburgh, Glasgow, Scottish, and UK
economies
Table 2 -
Sectoral breakdown of SDI-assisted inward investment in
Scotland
Table 3 -
Scottish exports by destination
Table 4 -
Sectoral analysis of Scottish exports to the rest of the
UK
Table 5 -
Journey times from the central belt to London of different
options
Table 6 -
Forecast Rail Passenger Demand Increases on UK
Network
Table 7 -
Change in Rail Market Share across key European
Routes
Table 8 - Potential welfare benefits to Scotland of reduced journey
times between the Central Belt and London (£m, 2002
prices)
Table 9 -
Wider business benefits
Table 10 -
Potential annual reduction in cross-border travel
emissions
Table 11 -
Final potential annual reduction in emissions of Scottish
CO2
Table 12 -
Additional annual savings in CO2
Table 13 -
Contribution to Scottish Government climate change
targets
Table 14 -
Journey times and rail market share for the different
options
Version History
Version Number |
Description |
Author(s) |
Date |
---|---|---|---|
1.0 |
Draft SBC |
Transport Scotland Transport Economics Analysis and Research |
18/09 |
1.1 |
Updated Draft SBC |
Transport Scotland Transport Economics Analysis and Research |
22/10 |