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Cost and CO2 aspects of future vehicle options in Europe under new energy policy scenarios

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  • Thiel, Christian
  • Perujo, Adolfo
  • Mercier, Arnaud
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    Abstract

    New electrified vehicle concepts are about to enter the market in Europe. The expected gains in environmental performance for these new vehicle types are associated with higher technology costs. In parallel, the fuel efficiency of internal combustion engine vehicles and hybrids is continuously improved, which in turn advances their environmental performance but also leads to additional technology costs versus today's vehicles. The present study compares the well-to-wheel CO2 emissions, costs and CO2 abatement costs of generic European cars, including a gasoline vehicle, diesel vehicle, gasoline hybrid, diesel hybrid, plug in hybrid and battery electric vehicle. The predictive comparison is done for the snapshots 2010, 2020 and 2030 under a new energy policy scenario for Europe. The results of the study show clearly that the electrification of vehicles offer significant possibilities to reduce specific CO2 emissions in road transport, when supported by adequate policies to decarbonise the electricity generation. Additional technology costs for electrified vehicle types are an issue in the beginning, but can go down to enable payback periods of less than 5 years and very competitive CO2 abatement costs, provided that market barriers can be overcome through targeted policy support that mainly addresses their initial cost penalty.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 38 (2010)
    Issue (Month): 11 (November)
    Pages: 7142-7151

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    Handle: RePEc:eee:enepol:v:38:y:2010:i:11:p:7142-7151

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: Electric vehicles cost comparison Well-to-wheel analysis New European energy policy;

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    Cited by:
    1. Kloess, Maximilian & Müller, Andreas, 2011. "Simulating the impact of policy, energy prices and technological progress on the passenger car fleet in Austria--A model based analysis 2010-2050," Energy Policy, Elsevier, vol. 39(9), pages 5045-5062, September.
    2. G. Marletto, 2013. "Car and the city: Socio-technical pathways to 2030," Working Paper CRENoS 201306, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    3. Geir H. Bjertnæs, 2013. "Are tax exemptions for electric cars an efficient climate policy measure?," Discussion Papers 743, Research Department of Statistics Norway.
    4. Geir H. Bjertnæs, 2013. "Biofuel mandate versus favourable taxation of electric cars. The case of Norway," Discussion Papers 745, Research Department of Statistics Norway.
    5. Ferreira, João-Pedro & Barata, Eduardo & Ramos, Pedro Nogueira & Cruz, Luis, 2014. "Economic, social, energy and environmental assessment of inter-municipality commuting: The case of Portugal," Energy Policy, Elsevier, vol. 66(C), pages 411-418.
    6. van der Vooren & Eric Brouillat, 2013. "Evaluating CO2 reduction policy portfolios in the automotive sector," Innovation Studies Utrecht (ISU) working paper series 13-01, Utrecht University, Department of Innovation Studies, revised Feb 2013.
    7. Rusich, Andrea & Danielis, Romeo, 2013. "The private and social monetary costs and the energy consumption of a car. An estimate for seven cars with different vehicle technologies on sale in Italy," Working Papers 1301, SIET Società Italiana di Economia dei Trasporti e della Logistica, revised 2013.
    8. Israel García & Luis Javier Miguel, 2012. "Is the Electric Vehicle an Attractive Option for Customers?," Energies, MDPI, Open Access Journal, vol. 5(1), pages 71-91, January.
    9. Zubaryeva, Alyona & Thiel, Christian & Zaccarelli, Nicola & Barbone, Enrico & Mercier, Arnaud, 2012. "Spatial multi-criteria assessment of potential lead markets for electrified vehicles in Europe," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(9), pages 1477-1489.
    10. Jens Weinmann & Jérôme MASSIANI, 2011. "Electric cars as a means to reduce greenhouse gas emissions: methods, results and policy implications in Germany," Working Papers 2012_21, Department of Economics, University of Venice "Ca' Foscari", revised 2012.
    11. Zubi, Ghassan, 2011. "Technology mix alternatives with high shares of wind power and photovoltaics—case study for Spain," Energy Policy, Elsevier, vol. 39(12), pages 8070-8077.
    12. Zhang, Xiang, 2014. "Reference-dependent electric vehicle production strategy considering subsidies and consumer trade-offs," Energy Policy, Elsevier, vol. 67(C), pages 422-430.
    13. Katrašnik, Tomaž, 2013. "Impact of vehicle propulsion electrification on Well-to-Wheel CO2 emissions of a medium duty truck," Applied Energy, Elsevier, vol. 108(C), pages 236-247.
    14. Kley, Fabian & Lerch, Christian & Dallinger, David, 2011. "New business models for electric cars--A holistic approach," Energy Policy, Elsevier, vol. 39(6), pages 3392-3403, June.
    15. Hirte, Georg & Tscharaktschiew, Stefan, 2013. "The optimal subsidy on electric vehicles in German metropolitan areas: A spatial general equilibrium analysis," Energy Economics, Elsevier, vol. 40(C), pages 515-528.

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