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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

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.

Suggested Citation

  • Thiel, Christian & Perujo, Adolfo & Mercier, Arnaud, 2010. "Cost and CO2 aspects of future vehicle options in Europe under new energy policy scenarios," Energy Policy, Elsevier, vol. 38(11), pages 7142-7151, November.
  • Handle: RePEc:eee:enepol:v:38:y:2010:i:11:p:7142-7151
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    References listed on IDEAS

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    1. Meyer, I. & Leimbach, M. & Jaeger, C.C., 2007. "International passenger transport and climate change: A sector analysis in car demand and associated CO2 emissions from 2000 to 2050," Energy Policy, Elsevier, vol. 35(12), pages 6332-6345, December.
    2. Andersen, Poul H. & Mathews, John A. & Rask, Morten, 2009. "Integrating private transport into renewable energy policy: The strategy of creating intelligent recharging grids for electric vehicles," Energy Policy, Elsevier, vol. 37(7), pages 2481-2486, July.
    3. Francoise Nemry & Guillaume Leduc & Almudena Muñoz, 2009. "Plug-in Hybrid and Battery-Electric Vehicles: State of the research and development and comparative analysis of energy and cost efficiency," JRC Working Papers JRC54699, Joint Research Centre (Seville site).
    4. Fulton, Lew & Cazzola, Pierpaolo & Cuenot, François, 2009. "IEA Mobility Model (MoMo) and its use in the ETP 2008," Energy Policy, Elsevier, vol. 37(10), pages 3758-3768, October.
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