Infrastructure Strategy - driverless cars, reducing the need for parking spaces in urban centres and improving road safety. This would help to reduce risks associated with drivers who are unfamiliar with our roads. - car sharing of driverless electric cars is expected to be the norm in the US in 13 years. Private car ownership may become rare as driverless cars are shared in car pools, houses will not require garages and suburban streets will become single lane roads with passing spaces as computers control navigation and avoid other cars - micro-treatment and water recycling will become readily available. - smart metering will enable people to use water and electricity more efficiently and suppliers can incentivise customers to reduce peaks in demand. - infrastructure providers will have access to real time data to better understand their networks, including traffic flows and water use. - 3-D printing will become commonplace changing retail and goods distribution industries - intelligent robotics will be used in underground inspections and works. Key infrastructure challenges 1. INFRASTRUCTURE RENEWALS Marlborough District Council’s water, wastewater, stormwater, roads, community facilities and flood protection assets have a combined asset value of around $1,332 million. The value of each asset type is: Many of these assets have long life expectancies, but ongoing investment is required to maintain and eventually replace them when they reach the end of their useful life. Each year The Council collects the amount required to cover the full cost of both maintaining these assets and replacing them when they wear out (depreciate to the point of replacement). These costs are a big proportion (21%) of the rates collected each year. Calculation of infrastructure depreciation is an accounting estimate for inclusion in the annual funding assessment. The rate of deterioration is a critical factor in the calculation but can be difficult to accurately predict. There are many influencing factors 2018-2028 Long Term Plan Page 175