And yeah, that would make a fairly substantial inroad into the proposed number of Bi-mode IEPs. Given that the delivery dates for the IEP trains keep creeping further and further back as well, there probably wouldn't be a vast difference in when the trains became available either, if the MML was electrified immediately after TPE North.
The GW Franchise consultation is a bit confusing, it seems to project rather more bi-mode diagrams than I can account for......
26 5-car and 12 8-car bimodes.
They seem to be randomly extending trains just beyond the end of the wire to increase the number of bi-modes. I think ~20 or so Bi-mode diagrams is more appropriate myself..... but using the numbers they provide.
If we assume ~10 of the 8/9-car 222s are pulled for the Plymouth/Cornwall trains to remove the HSTs that leaves us with 7 of the 8/9 car sets and ten of the 5 car sets.
If we assume that the 5-car and 8/9-car sets are equivalent in capacity to the short and long IEPs respectively (a bad assumption but its only ~10% anyway right?) that leaves us short 16 5-car and 5 8-car sets short.
Electrification to Swansea would remove ~6 of the bi-modes (as only the train to Carmarthan would be bi-mode still and that can always be scheduled for whenever a set is free).
That leaves us 15 5-car sets short approximately.
.... You probably need electrification to both Cheltenham and Gloucester to kill IEP for the GW entirely....
EDIT:
Electrification to Swansea would leave us with roughly 14 bi-mode diagrams on Great Western, not counting single trains per day, which means that the electrification of the Midland Main Line in combination with an expanded eVoyager programme and extension of the electrification to Swansea easily obliterates the IEP bi-mode case on the Great Western.
The expanded capacity on the Cross Country route from the extra Cl220/1 carriages will also remove the need for the Leeds-Aberdeen EC services IMO, reducing the off wires service to three trains per day to Aberdeen, one to Inverness and one to Lincoln once TPE North electrification is completed.
The IEP project would look extremely shakey in these circumstances, since every one of these trains can manage a round trip it would appear that a handful of 22xs attached from XC would be able to handle them, either that or the Cl180s released by the conversion of Hull service to electric operation.