Estimating economic and resilience consequences of potential navigation infrastructure failures: A case study of the Monongahela River
Gwen Shepherd DiPietro,
H. Scott Matthews and
Chris T. Hendrickson
Transportation Research Part A: Policy and Practice, 2014, vol. 69, issue C, 142-164
Abstract:
The paper examines the potential effects of failure of heavily used, outdated locks and dams on the Monongahela River in southwestern Pennsylvania. Catastrophic failure would result in lengthy outage of barge traffic. The displaced volume of coal shipments from mines to power plants is estimated using Energy Information Administration survey data. The resilience of the impacted facilities, the viability of their shipping alternatives, and their ability to re-organize into new markets is assessed. Lost revenues are estimated for facilities that close due to an inability to adapt, as well as the replacement cost of towboats and barges trapped by a catastrophic and sudden failure. The aggregate costs to these facilities as a result of a year-long closure are estimated at $0.56-1.7 billion.
Keywords: Inland waterway; Infrastructure failure; Coal shipment; Vulnerability assessment; Network resilience (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:69:y:2014:i:c:p:142-164
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DOI: 10.1016/j.tra.2014.08.009
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