Advanced Search
MyIDEAS: Login to save this paper or follow this series

Analysis of Alternative Fuel Vehicles by Disaggregated Cost Benefit

Contents:

Author Info

  • MANAGI Shunsuke

Abstract

The future of both the automobile and the transportation industries has been of significant interest to many people. In this study, we investigate the economic validity of the diffusion of fuel cell vehicles (FCVs) and all-electric vehicles (EVs), comparing the benefit and cost for diffusion of alternative vehicles by employing cost-benefit analysis. We assume the amount of CO₂ and NOx emissions and gasoline use reduction as a benefit, by switching from internal combustion engine (ICE) vehicles to alternative vehicles; and the purchase amount, infrastructure expenses, and maintenance of alternative vehicles as a cost. We obtained data from two alternative fuel vehicles from an interview with an automobile maker in Japan. Considering uncertainties, we conducted a sensitivity analysis of the cost-benefit ratios. The scenarios used are the following: the progress of alternative vehicle production, the increase in CO₂ abatement cost, the increase in the price of gasoline, and the target year for diffusion. In summary, the results show that the diffusion of FCVs will not be economically feasible until 2110, even if their purchase cost is decreased to that of an ICE vehicle. The diffusion of EVs might be possible by 2060 depending on the increase in gasoline prices and the CO₂ abatement costs.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rieti.go.jp/jp/publications/dp/12e035.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion papers with number 12035.

as in new window
Length: 40 pages
Date of creation: May 2012
Date of revision:
Handle: RePEc:eti:dpaper:12035

Contact details of provider:
Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901
Phone: +81-3-3501-1363
Fax: +81-3-3501-8577
Email:
Web page: http://www.rieti.go.jp/
More information through EDIRC

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eti:dpaper:12035. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (NUKATANI Sorahiko).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.