HyperloopTT predicts savings of R$ 2 billion and 10 thousand jobs in southern Brazil | Brazil

THE HyperloopTT concluded the first feasibility study of its ultra-fast transport modal by capsules, which intends to connect Porto Alegre to Serra Gaúcha in less than 20 minutes. The project carried out in partnership with the Government of RS and UFRGS foresees a savings of BRL 2 billion in southern Brazil, in addition to the opening of 10,000 job openings annually in the region.

HyperloopTT finishes feasibility study for RS modal (Image: Disclosure)

According to information from HyperloopTT, due to the savings generated, the route operator should achieve a financial return in a record time of 14 years. The study, announced in February, considered a period of five years for the implementation of the system, which will have a path of 135 km. Currently, the route taken by car takes about two hours — this time is expected to drop to 19 minutes and 45 seconds in the maximum speed of 835 km/h.

The benefits promise to be huge not only for those who live in the region, but also for tourism.

“Can you imagine working in Caxias do Sul, being able to have lunch in Porto Alegre and be able to get back to work in time? Or get to know the main sights of Porto Alegre and Gramado on the same day? These are just a few of the numerous possibilities that hyperloop can bring to the region.”

Ricardo Penzin, Director of HyperloopTT for Latin America

The total cost of implementation plus operating costs and taxes over the next 30 years is $7.71 billion. However, the study reveals that the investment can be offset in the first five years, mostly by revenue from passengers (52%).

Porto Alegre station concept (Image: Divulgation/HyperloopTT)
Porto Alegre station concept (Image: Divulgation/HyperloopTT)

Other sources of revenue are developments (35%), rental of stores at stations (2%), advertising (2%) and cargo transportation (1%). The project does not require government subsidies, and the company interested in carrying it out should profit in 14 years, with a full return.

“It is one of the technologies with a potential disruptive impact in the transport sector and one that requires people training, a chain of specialized suppliers and constant technological evolution. It is not just the implementation of a modern transport line that can lead to improvements in logistics and transport, it is much more than that. The feasibility analysis of researchers from Rio Grande do Sul shows that economic potentials can be developed from this system, taking into account the advancement of knowledge, sustainability and the demands of society in Rio Grande do Sul.”

Luís Lamb, Secretary of State for Innovation, Science and Technology

Only during the construction period, the system should provide for the creation of 50,000 direct jobs in the construction sector. In addition, 9,243 direct and indirect jobs and 2,077 opportunities are expected in the Solar Energy sector annually, for at least 30 years. The study concludes that earnings will be 31% greater than project costs.

Benefits for real estate and sustainability

The real estate sector in the region will also be able to obtain benefits, as the land surrounding the stations of the ultra-fast transport system is expected to value R$ 27.4 billion after six years of operation.

Due to the nature of the system, which transports people and cargo in moving capsules in a high pressure, frictionless environment, it is expected that about 2,000 traffic accidents are avoided in 30 years, 67 with deaths, 1,203 with injuries and 6551 with only material damage.

According to HyperloopTT’s proposal, the modal would be powered by renewable energy — photovoltaic panels would be installed on 80% of the route between Porto Alegre and Serra Gaúcha, already considering stretches whose technical and geographic problems could prevent the installation of equipment.

With an annual energy production potential of 339 GWh and consumption of 73 GWh, the system could produce almost four times more energy, being self-sufficient in this regard.

The study estimates that approximately 95 thousand tons of CO2 will no longer reach the atmosphere. In addition, according to the company, the planned route reduces the need for complex works to mitigate the environmental impact.

“The great differential of this project is the environmental dimension and the ecological footprint with the use of clean and renewable energy. (…) This is a global initiative that will definitely change the mobility patterns in the world and the University is completely satisfied to contribute to this historic step that is being sought.”

PhD. Luiz Afonso Senna, project coordinator at the Transport Systems Laboratory at UFRGS.

Tecnocast 087 – Transport of the future

Mobility interests you? So, it’s worth listening to Tecnocast’s episode 087: “Transportes do Futuro”, with discussions about the current means of transport and the expected alternatives for the future in the sector. Give the play:

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