Network Saturation: Key Indicator for Profitability and Sensitivity Analyses of PRT and GRT Systems

Personal Rapid Transit (PRT) and Group Rapid Transit (GRT) are classes of fully automated public transport systems, where passengers can travel in small vehicles on an interconnected, grade-separated network of guideways, non-stop, from origin to destination. PRT and GRT are considered sustainable as they are low-emission and able to attract car drivers. The parameterized cost modeling framework developed in this paper has the advantage that profitability of different PRT/GRT systems can be rapidly verified in a transparent way and in function of a variety of relevant system parameters. This framework may contribute to a more transparent, rapid, and low-cost evaluation of PRT/GRT schemes for planning and decision-making purposes. The main innovation is the introduction of the “peak hour network saturation” S: the number of vehicles in circulation during peak hour divided by the maximum number of vehicles running at line speed with minimum time headways. It is an index that aggregates the main uncertainties in the planning process, namely the demand level relative to the supply level. Furthermore, a maximum S can be estimated for a PRT/GRT project, even without a detailed demand estimation. The profit per trip is analytically derived based on S and a series of more certain parameters, such as fares, capital and maintenance costs, daily demand curve, empty vehicle share, and physical properties of the system. To demonstrate the ability of the framework to analyze profitability in function of various parameters, we apply the methods to a single vehicle PRT, a platooned PRT, and a mixed PRT/GRT. The results show that PRT services with trip length proportional fares could be profitable already for S>0.25. The PRT capacity, profitability, and robustness to tripled infrastructure costs can be increased by vehicle platooning or GRT service during peak hours.