AN ECONOMIC VIEW OF RAILROAD ELECTRIFICATION

Despite certain operating advantages, railroads regard electrification as a marginal investment. Economic and energy benefits are not now large enough to merit extensive private investment. Failure to electrify is not a failure to adopt the best possible technology but is really a reflection of conditions in an industry that is already highly capital intensive. Major electrification has to await basic changes in the industry's financial condition. Government-sponsored demonstrations may reduce uncertainty; resolution of basic uncertainties surrounding national transportation and energy policies is also required.

Media Info

  • Media Type: Print
  • Features: References;
  • Pagination: pp 76-79
  • Monograph Title: RAILROAD ELECTRIFICATION: THE ISSUES
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00185225
  • Record Type: Publication
  • Files: TRIS, TRB, ATRI
  • Created Date: Jan 13 1979 12:00AM