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Electrifying transport: issues and opportunities

In: Handbook on Electricity Markets

Author

Listed:
  • Bentley C. Clinton
  • Christopher R. Knittel
  • Konstantinos Metaxoglou

Abstract

Electricity is an increasingly important energy source in the transportation sector. This chapter examines the issues associated with broad sector electrification and identifies the challenges and opportunities that accompany a continued growth of the global electric vehicle stock. It presents a broad overview of the current, global state of the market. With this context as a backdrop, it explores an array of topics including vehicle costs, infrastructure concerns, emissions consequences, and the potential effect of electrification on gasoline tax revenues. In addition to current system considerations, the chapter concludes with a discussion of the electrification frontier, focusing on the role of electricity in the medium- and heavy-duty sector, and the potential complementarities and conflicts between an electrified transportation fleet and widespread use of ride-sharing and autonomous vehicles.

Suggested Citation

  • Bentley C. Clinton & Christopher R. Knittel & Konstantinos Metaxoglou, 2021. "Electrifying transport: issues and opportunities," Chapters, in: Jean-Michel Glachant & Paul L. Joskow & Michael G. Pollitt (ed.), Handbook on Electricity Markets, chapter 18, pages 463-505, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18895_18
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