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Hyperloop Testing Starts Next Year
neanderslob writes: In 2013, Elon Musk told us about a theoretical transportation system he'd been thinking about for a while. It was called "hyperloop," and it was a tube-based system capable of sending people and things at speeds of up to 800mph. Now, a company called Hyperloop Transportation Technologies plans to start construction on an actual hyperloop next year. The idea is to build it to serve Quay Valley (a proposed 75,000-resident solar power city in Kings County, California). The project will be paid for with $100 million the company expects to raise through a direct public offering in the third quarter of this year. The track itself will be a 5-mile loop and won't reach anywhere close to the 800mph Musk proposed in his white paper — but it's a start.
Actually, it's the Return on investment (ROI) that matter in business. Or in other word, how many time it'll take to make enough profit to cover the cost of the initial investment. And in this case, the US$9.95 billion California High-Speed Rail is a huge example on how much money you can make on transportation.
If we take Elon Musk word, the ROI of the Hyperloop beat the crap out of any High-Speed Train project. But there's another term really important here, something we call Manufacturing Readiness Level (MRL). Basically, this level told how much maturity a technology have reach. While HST is really high, Hyperloop on the other hand have a MRL really low. Meaning that nothing is proven about the real ROI of the Hyperloop and a huge R&D cost is needed to raise the MRL.
What I love about this is that they raised a sort of huge "kickstarter" to cover the cost of the R&D and raise the MRL to give us a real idea on the ROI of the Hyperloop. Only then we'll have an idea if Hyperloop will revolutionize the transport industry or not.
Elok
The HyperLoop Elon proposed was estimated to cost 1/10th of the LA-SF CHSR project, but it only had 1/10th of the capacity.
Unlike the CHSR project, the proposed HyperLoop project actually only connected the outskirts of LA to the Oakland bay, leaving out the expensive part of going to downtown LA and downtown SF.
The estimated HyperLoop projects assumed they save on expropriations by placing the track elevated over existing highways.
But to travel at 800 mph without making your passengers sick and barfing, the route actually needs curves to be 16 times as smooth as the 200 mph CHSR.
The estimated HyperLoop costs were low by an order of magnitude even when comparing to known costs of elevated track and even of oil pipelines. Let's not even talk about the actual precision needed to make this work at 800 mph.