Lord Berkeleyasked Her Majesty's Government:
What is the methodological basis for the Strategic Rail Authority's calculation of £3 million per annum benefits to be gained from cutting two minutes from the journey times to the north-west as a result of closing Etruria station; and whether this 172WA calculation takes account of the values of existing and new passenger journeys, and any external benefits. [HL1661]
§ Lord Davies of OldhamA full assessment of the closure of Etruria Station was undertaken in accordance with the Strategic Rail Authority's Investment Manual, Appraisal Guidance and Business Case Manual which reflect the requirements and guidance for appraisals issued by the Department for Transport.
The main benefit of the station closure is the maintenance of the line speed profile for trains running through this section which can be achieved through the closure of the station and the realignment of the track. The maintenance of line speed results in significant journey time benefits to existing and new rail users of around 50 per cent of the total benefits. The remaining proportion of the total benefit relates to decongestion benefits to road users as passengers switch to rail and increased rail revenues.