Away from economics, NR's Wales Route Strategic Plan makes for grim reading.
https://www.networkrail.co.uk/wp-content/uploads/2018/02/Wales-Route-Strategic-Plan.pdf
I've selected the bits relevant to the South Wales area. I've emboldened bits to take note of.
- Uncertainty on future franchise arrangements: The procurement process for the new Wales & Borders franchise is currently underway and is due to come into effect in 2018. This could include an asset divestment on the Core Valley Lines (CVL) which would see the roles and responsibilities of the Wales Route and the lead TOC change. We have been working with Transport for Wales (TfW) to support them with their procurement.
- At this point, our working assumption is that OMR of the CVL remains the responsibility of the Wales Route.
- Uncertainty on enhancements: The Wales Route Study (2016) sets out 14 potential schemes for funders to deliver capacity and connectivity enhancements in CP6. Following the UK Government announcement to cancel electrification from Cardiff to Swansea in June 2017 there are currently no committed enhancements within the Wales Route in CP6. This is the basis of our CP6 submission on OMR.
- Award of the Wales and Cross Borders Franchise: The contract for the new franchise is currently being competed and will come into effect from 2018. The contract has the potential to include major infrastructure investment in the CVL with a new Operator Delivery Partner (ODP) being appointed. At the conclusion of the ODP process, the roles and responsibilities of the Wales Route may change in respect of the CVL infrastructure. The ongoing nature of the competition means that there is a high degree of uncertainty as to the identity of our principal customer in CP6 and what their priorities will be. Other Routes such as Wessex and Anglia, where franchise competitions have recently been concluded, are operating in an environment of greater certainty.
5.3.2. Route operations strategy
The Wales Route operating strategy is assumed to not significantly change prior to the new franchise agreement, which is due to be let towards the end of CP5. The Cardiff Area Re-signalling Scheme (CASR) is completed and offers a step change improvement in capacity on the Cardiff Valley Lines network, with the opportunity to run 16 trains per hour through the central core between Cardiff Queen Street station and Cardiff Central station.
CASR allows train services, particularly in the peak, to be optimised through the provision of new platforms and new turn-backs at Cardiff, Barry, Caerphilly, Tir-Phil and Pontypridd.
The realisation of these benefits for passengers in the Cardiff journey-to-work area rests with Welsh Government who will be the awarding authority for the next Wales and Borders passenger franchise.
Network Rail is working extensively with Welsh Government to inform their aspirations around future capacity and capability on the core Valley Lines network (those routes which radiate North of Cardiff Queen Street), for which they are developing proposals which
may include new modes of transport and different connectional strategies.
Wales Route is actively working with TfW to evaluate models which include deeper collaboration with the ODP as part of the Re-franchise, these range from ‘soft’ and ‘deep’ alliances to full integration.
We will improve operations in CP6 through:
Leveraging the benefits of the CASR which will allow train services, particularly in the peak, to be optimised through the provision of new platforms and new turn-backs at Cardiff, Barry, Caerphilly, Tir-Phil and Pontypridd.
9.1. Current and planned third party funding
Wales Route is the smallest in Network Rail by several measures, but since its formation in 2011 it has been very successful in capturing third party funding for railway enhancements, in particular from the Welsh Government, which has the right to invest money into rail infrastructure under the terms of the 2014 and 2017 Wales Acts (arising from the St David's Day Agreement, 2015) and has invested £185m to date. Examples of this investment & projects in CP5 are:
Taff Rhonda turn back facility,
Redoubling of track between Wrexham and Chester and upgrading of level crossings on sections of this track,
Platform height raising enhancement scheme,
Talerddig footbridge to replace level crossings on the Cambrian line,
Substantial station enhancement schemes at Rhyl, Ystrad Mynach, Port Talbot, Aberystwyth and Pontypridd,
Station access improvements, including new footbridges, lifts or ramps, at Chirk, Llandaff, Ystrad Mynach, Machynlleth & Radyr.
Disposals and Income Generation
The route will work together with Property, helping to fund Network Rail’s Railway Upgrade Plan by selling assets not core to Network Rail operations and seeking to release surplus railway land for housing to achieve Welsh Government aspirations. In line with the steering group for integrated land disposal for housing use has been formed between Network Rail and Welsh Government. Key sites being worked on include
Cogan, Newport and Swansea Burrows sidings.
------------------------------------------------------------------
If land they are considering disposing of at Cogan is not the land in the station car park that has already been cleared for housing, it can only be the land alongside the track between the Taff Ely bridge and Cogan junction, which is used for storage of large amounts (e.g. mountains) of ballast, sections of track, machinery and other railway materials. To build housing there is bonkers, not just because of the loss of crucial railway land but where the housing will be - on a thin strip of land sandwiched between a busy railway line and a river.