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<ul><li>As per the High Level Output Specification (HLOS), replacing assets at the
point of renewal with ETCS (European Train Control System) represents the most cost
effective way to transition the network. This is the approach that Network Rail will
be using in Control Period 7 (2024-2029) and thus ETCS will be funded via renewals.</li><li>The
exception will be ETCS deployments that are part of wider enhancements (such as Transpennine
Route Upgrade) which will primarily be funded via enhancements but may have some renewals
funding, for example where assets needed to be renewed anyway.</li></ul><p> </p>
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