Hyperloop One Says It Can Connect Helsinki To Stockholm In Under 30 Minutes (theverge.com)

An anonymous reader writes from a report via The Verge: Hyperloop One released a new study today that says a hyperloop connecting Stockholm, Sweden, and Helsinki, Finland, could turn a 300-mile trip that would normally take 3.5 hours flying into a breezy 28-minute ride. How much would they need to accomplish this? Only $21 billion (19 billion euros) to build it. That price includes $3.3 billion (3 billion euros) for one of the world's largest marine tunnels through the Aland archipelago, a chain of islands in the Baltic Sea. But the company did say the total cost would be offset by the rise in property values and productivity as facilitated by the new, super-fast transit system. Homes built nearby would be worth more, freight shipments would arrive sooner, and workers traveling between the two cities would spend less time commuting and more time working. The study claims the Nordic Hyperloop would start generating a surplus after 10 years thanks to its economic benefits. As for where it expects to receive the money, Hyperloop One envisions a combination of public funds and private investment, with the study authors recommending capturing some of the value from increased property values. Hyperloop is expected to generate somewhere between $969 million (875 million euros) and $1.1 billion (1 billion euros) in ticket sales annually. "We've said that, generally speaking, a Hyperloop system can be built at 50 [percent] to 60 [percent] of the cost of high-speed rail because Hyperloop technology requires less intensive civil engineering, its levitated vehicles produce fewer maintenance issues and its electric propulsion occupies far less of the track than high-speed rail," the company says. "With Hyperloop, passengers glide most of the way above the track in a near-vacuum tube with little air resistance." A hyperloop between Sweden and Finland would take up to 12 years to complete. Hyperloop One conducted the first successful test of its high-speed transportation technology in the desert outside Las Vegas in May.

Comments

Re:Seems like a long time...

[Anonymous Coward]

U know what's gonna happen with hyperloop?

Just like plane, moslems are gonna bomb it, so there will be security lines and all kinds of bullshit.

it will defeet the hole purpose of it

Say what?

[jenningsthecat]

FTS: "...workers traveling between the two cities would spend less time commuting and more time working."

If I have a chance to cut my commute time significantly, why would I spend the extra time working instead of with family and friends, or on hobbies or other leisure activities? Hell, even when I had a job in which I worked overtime without pay just because what I was working on was interesting, any time saved off my commute wouldn't have been donated to the company.

Re:A likely story

[rtb61]

What a waste, spending on infrastructure. That money should go into the private pockets as profits, so that more can be wasted 'er' used on, bigger mansion, more super cars, bigger yachts, larger private yachts. Consume and burn, the more you waste the better psychopathic capitalist you are. Consume the resources and generate the pollution of an entire town and do this individually, literally on you own consume like you and tens of thousands of people and you are a big winner and those tens of thousands of people, well, they have a whole lot less, screw em, they are nobodies and you are a somebody entitled to consume like thousands nobodies.

If it can't go into private pockets, than at the very least, like NATO (North American Territorial Occupation farce) demands, 25% of income taxes needs to be spent on guns and bullets, more war, more power, more destruction. What a waste investing that money in infrastructure when instead can be spent on pretty explosions and all those lovely dismembered limbs and more human crushing war machines. Hey, I play war games on computers and they are fun. I will never understand why you sick fuckers demand to do that awful shit in real life.

Let's kill that war budget and focus on infrastructure investment. Universal high speed broadband, high spend rail, zero emissions energy supply, arcologies https://en.wikipedia.org/wiki/... as major regional investments (well clear of future levels and able to accommodate displaced populations). Seriously how many more people need to die in for profit wars, engineered by the US military Industrial Complex.