The potential of alternative fuel vehicles: A cost-benefit analysis

Yutaka Ito, Shunsuke Managi

研究成果: ジャーナルへの寄稿学術誌査読

20 被引用数 (Scopus)

抄録

This study investigates the economic validity of the diffusion of fuel cell vehicles (FCVs) and all-electric vehicles (EVs), employing a cost-benefit analysis from the social point of view. This research assumes the amount of NOx and tank-to-wheel CO2 emissions and gasoline use reduction as the benefits and the purchase costs, infrastructure expenses, and maintenance costs of alternative vehicles as the costs of switching internal combustion engine (ICE) vehicles to alternative energy vehicles. In addition, this study conducts a sensitivity analysis considering cost reductions in FCV and EV production and increasing costs for CO2 abatement as well as increasing gasoline prices. In summary, the results show that the diffusion of FCVs is not economically beneficial until 2110, even if the FCV purchase cost decreases to that of an ICE vehicle. EV diffusion might be beneficial by 2060 depending on increases in gasoline prices and CO2 abatement costs.

本文言語英語
ページ(範囲)39-50
ページ数12
ジャーナルResearch in Transportation Economics
50
DOI
出版ステータス出版済み - 8月 1 2015

!!!All Science Journal Classification (ASJC) codes

  • 輸送
  • 経済学、計量経済学および金融学(その他)

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