Cost of electricity for running trains alone is expected to increase from £595m to £885m in 2023-24
Network Rail is bracing for a £1bn energy bill for the first time in the history of Britain’s railways, as the energy crisis is forecast to increase its costs by more than 50% over the next financial year.
The cost of traction – providing the electricity for running electric trains – is expected to increase to £885m in 2023-24, Network Rail said, up from £595m this year.
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