RAILWAY TRACK ACCESS AND USE - A PROPOSED CHARGING METHODOLOGY FOR INDIVIDUAL AND INTERCONNECTED SYSTEMS

For a true single market in railway services, the method of charging for using the railway infrastructure needs to have simple and effective controls over adjustments to its rates. In turn the controls adopted must be capable of full and effective application across railway systems of other countries, both within the European Union, as well as in the wider context. Drawing on the findings of his thesis - Railway Network Access Pricing: Maximising the Use of the Track Capacity, an essential element is the ability to regulate the owner of the track and associated infrastructure (Infrastructure Authority). The objective of such regulation is to create a system of charging for the use of the railway system that is fair and transparent. The regulatory structure in the United Kingdom is based on a licensing regime overseen by an independent regulator. The essence of regulation is contained in the Price Control format (Retail Price Index minus a value, "x"). It is this mechanism together with the associated licence provisions that is the subject of this paper. The above price control structure can be adapted to suit the needs of a variety of operating conventions. It also conforms to the requirements of the Trans-European Networks legislation developed by DG VII of the European Commission. This paper seeks to offer an effective, robust and straightforward system of control over track charges to train operators within and outside the UK. For the covering abstract see IRRD E104573.

Language

  • English

Media Info

  • Features: References;
  • Pagination: p. 101-14

Subject/Index Terms

Filing Info

  • Accession Number: 00790401
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • ISBN: 0-86050-320-8
  • Files: ITRD
  • Created Date: Apr 11 2000 12:00AM