Cost and CO2 aspects of future vehicle options in Europe under new energy policy scenarios
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.
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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Oecd, 2005. "Nuclear Regulatory Decision Making," OECD Papers, OECD Publishing, vol. 5(8), pages 1-37.
- anonymous, 2005. "Amendments to regulation CC, Appendix A," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Sum, pages 402.
- anonymous, 2005. "Supervision and regulation," Monograph, Board of Governors of the Federal Reserve System (U.S.), number 2005sa, October.
- Oecd, 2006. "National Legislative and Regulatory Activities," Nuclear Law Bulletin, OECD Publishing, vol. 2005(2), pages 69-93.
- Oecd, 2005. "International Regulatory Activities," Nuclear Law Bulletin, OECD Publishing, vol. 2005(1), pages 131-136.
- 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).
- anonymous, 2005. "Final amendments to Regulation DD," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Sum, pages 402.
- 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.
- Oecd, 2006. "International Regulatory Activities," Nuclear Law Bulletin, OECD Publishing, vol. 2005(2), pages 95-98.
- 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.
- Charles A. E. Goodhart, 2005. "Multiple Regulators and Resolutions," World Scientific Book Chapters, in: Systemic Financial Crises Resolving Large Bank Insolvencies, chapter 17, pages 253-273 World Scientific Publishing Co. Pte. Ltd..
- Oecd, 2005. "National Legislative and Regulatory Activities," Nuclear Law Bulletin, OECD Publishing, vol. 2005(1), pages 111-130.
- ., 2005. "The Public Utility Regulatory Challenge," Chapters, in: Public Utilities, chapter 4 Edward Elgar Publishing.
- anonymous, 2005. "Amendment to Regulation CC, appendix A," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Aut, pages 495.
- Oecd, 2005. "Multilevel Regulatory Governance," OECD Papers, OECD Publishing, vol. 5(2), pages 1-84.
- 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.
- anonymous, 2005. "Amendments to Regulation CC, Appendix A," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Spr, pages 241.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:38:y:2010:i:11:p:7142-7151. 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: (Shamier, Wendy)
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.