How much would a hyperloop cost?
51292513#11
The Hyperloop UPV concept is a levitating rail-free pod design. Using magnetic repulsion and air cushioning for levitation is expensive and can produce unpredictable forces. The pod is equipped with a hybrid system of permanent magnets and electromagnet units, being able to control lift, so it can hover from the top of the tube. That way, the pod doesn't need so much electricity to be lifted by itself. Propulsion is obtained through expansion of the air with a nozzle, located at the rear of the pod, achieving speeds of up to 1000 km/h. The turbine recovers energy from the flow allowing a more efficient journey. This clean tube layout is said to cut costs in up to 30% of the whole Hyperloop project (about 180m USD) and the possibility to comfortably fit more passengers.
Hyperloop UPV
12744866#8
In March 2015, Dirk Ahlborn, the CEO of Hyperloop Transportation Technologies (HTT) in El Segundo, California announced a plan to build a hyperloop test system at the Quay Valley site. Ahlborn indicated that construction could begin in 2016 to be completed in 2017 with the first rides to begin in 2018 if his company can raise $100 million in funding. The company has said that this track will be a fully working and operational creation of the hyperloop, but that running speed will be reduced on the shortened track from Hyperloop's full potential. It is not decided whether a 5-mile loop or straight section will be constructed, and it may cross the Interstate bisecting the site. Ahlborn said that speeds up to may be possible. Quay Hays expects to break ground on the new community in 2016, including a working version of the Hyperloop, estimated to cost $100–150 million.
Quay Valley, California
36971117#62
The Hyperloop white paper suggests that of each one-way passenger ticket between Los Angeles and San Francisco would be sufficient to cover initial capital costs, based on amortizing the cost of Hyperloop over 20 years with ridership projections of 7.4 million per year in each direction and does not include operating costs (although the proposal asserts that electric costs would be covered by solar panels). No total ticket price was suggested in the alpha design. The projected ticket price has been questioned by Dan Sperling, director of the Institute of Transportation Studies at UC Davis, who stated that "there's no way the economics on that would ever work out."
Hyperloop
36971117#2
The Hyperloop Alpha concept was first published in August 2013, proposing and examining a route running from the Los Angeles region to the San Francisco Bay Area, roughly following the Interstate 5 corridor. The Hyperloop Genesis paper conceived of a hyperloop system that would propel passengers along the route at a speed of , allowing for a travel time of 35 minutes, which is considerably faster than current rail or air travel times. Preliminary cost estimates for this LA–SF suggested route were included in the white paper— for a passenger-only version, and for a somewhat larger-diameter version transporting passengers and vehicles—although transportation analysts had doubts that the system could be constructed on that budget; some analysts claimed that the Hyperloop would be several billion dollars overbudget, taking into consideration construction, development, and operation costs.
Hyperloop
36971117#30
In July 2016, Hyperloop One released a preliminary study that suggested a Hyperloop connection between Helsinki and Stockholm would be feasible, reducing the travel time between the cities to half an hour. The construction costs were estimated by Hyperloop One to be around ( at 2016 exchange rates).
Hyperloop
36971117#61
The alpha proposal projected that cost savings compared with conventional rail would come from a combination of several factors. The small profile and elevated nature of the alpha route would enable Hyperloop to be constructed primarily in the median of Interstate 5. However, whether this would be truly feasible is a matter of debate. The low profile would reduce tunnel boring requirements and the light weight of the capsules is projected to reduce construction costs over conventional passenger rail. It was asserted that there would be less right-of-way opposition and environmental impact as well due to its small, sealed, elevated profile versus that of a rail easement; however, other commentators contend that a smaller footprint does not guarantee less opposition. In criticizing this assumption, mass transportation writer Alon Levy said, "In reality, an all-elevated system (which is what Musk proposes with the Hyperloop) is a bug rather than a feature. Central Valley land is cheap; pylons are expensive, as can be readily seen by the costs of elevated highways and trains all over the world". Michael Anderson, a professor of agricultural and resource economics at UC Berkeley, predicted that costs would amount to around .
Hyperloop
1266144#75
"Hyperloop" is an alternative system that Elon Musk has championed. He has criticized the high-speed rail project as too expensive and not technologically advanced enough (trains that are—according to Musk—too slow). On August 12, 2013 he released a high-level alpha design for a Hyperloop transit system concept which he claimed would travel over three times as fast and cost less than a tenth of the rail proposal. The following day he announced a plan to construct a demonstration of the concept. Musk's claims have been subject to significant debate and criticism, in particular that the costs are still unknown and likely understated, the technology is not proven enough for statewide implementation, the route proposed doesn't meet the needs of providing statewide transportation, and it does not meet the legal requirements of Proposition 1A and so would require a whole new legal underpinning. A flaw of the hyperloop is that it can carry far fewer passengers per trip compared to HSR.
California High-Speed Rail
36971117#45
In July 2017, TransPod released an initial cost study which outlines the viability of building a hyperloop line in Southwestern Ontario between the cities of Windsor and Toronto. The study indicates a TransPod tube system would cost half the projected cost of a high-speed rail line along the same route, while operating at more than four times the top speed of high speed rail.
Hyperloop
43436569#7
In 2016 the CEO, Dirk Ahlborn, announced an agreement with the Slovakian government to perform feasibility studies regarding routes connecting Vienna, Austria to Bratislava, Slovakia, and Bratislava to Budapest, Hungary. Total costs for this project are estimated to be . The resulting annual system capacity is projected to be 10 million passengers. HTT announced in March 2016 that they would be using passive Inductrack systems for their titular Hyperloop. In 2018, however, the agreement expired.
Hyperloop Transportation Technologies
36971117#63
The early cost estimates of the Hyperloop are a subject of debate. A number of economists and transportation experts have expressed the belief that the price tag dramatically understates the cost of designing, developing, constructing, and testing an all-new form of transportation. "The Economist" said that the estimates are unlikely to "be immune to the hypertrophication of cost that every other grand infrastructure project seems doomed to suffer."
Hyperloop