IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i8p2131-d534013.html
   My bibliography  Save this article

Total Cost of Ownership and Its Potential Consequences for the Development of the Hydrogen Fuel Cell Powered Vehicle Market in Poland

Author

Listed:
  • Piotr Wróblewski

    (Division of Aircraft Construction and Operation, Institute of Aviation Technology, Faculty of Mechatronics, Armament and Aerospace of the Military University of Technology, Sylwestra Kaliskiego 2, 00-908 Warsaw, Poland)

  • Wojciech Drożdż

    (Research Center for Management of Energy Sector, Institute of Management, University of Szczecin, Cukrowa Street 8, 71-004 Szczecin, Poland)

  • Wojciech Lewicki

    (Faculty of Economics, West Pomeranian University of Technology Szczecin, Zołnierska 47, 71-210 Szczecin, Poland)

  • Jakub Dowejko

    (Research Center for Management of Energy Sector, Institute of Management, University of Szczecin, Cukrowa Street 8, 71-004 Szczecin, Poland)

Abstract

Electromobility is a growing technology for land transport, constituting an important element of the concept of sustainable economic development. The article presents selected research results concerning one of the segments of this market-vehicles powered by hydrogen fuel cells. The subject of the research was to gain extensive knowledge on the economic factors influencing the future purchasing decisions of the demand side in relation to this category of vehicles. The research was based on a numerical experiment. For this purpose, a comparative analysis of purchase prices in relation to the TCO of the vehicle after 3–5 years of use was performed. The research included selected models that are powered by both conventional and alternative fuels. The use of this method will allow to assess the real costs associated with the hydrogen vehicle. The authors emphasize the important role of economic factors in the form of the TCO index for the development of this market. The experimental approach may be helpful in understanding the essence of economic relations that affect the development of the electro-mobility market and the market demand for hydrogen fuel cell-powered vehicles in Poland.

Suggested Citation

  • Piotr Wróblewski & Wojciech Drożdż & Wojciech Lewicki & Jakub Dowejko, 2021. "Total Cost of Ownership and Its Potential Consequences for the Development of the Hydrogen Fuel Cell Powered Vehicle Market in Poland," Energies, MDPI, vol. 14(8), pages 1-25, April.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:8:p:2131-:d:534013
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/8/2131/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/8/2131/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Benjamin Leard & Joshua Linn & Virginia McConnell, 2017. "Fuel Prices, New Vehicle Fuel Economy, and Implications for Attribute-Based Standards," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 659-700.
    2. Hidrue, Michael K. & Parsons, George R. & Kempton, Willett & Gardner, Meryl P., 2011. "Willingness to pay for electric vehicles and their attributes," Resource and Energy Economics, Elsevier, vol. 33(3), pages 686-705, September.
    3. Ezzat, M.F & Dincer, I., 2018. "Development and assessment of a new hybrid vehicle with ammonia and hydrogen," Applied Energy, Elsevier, vol. 219(C), pages 226-239.
    4. Larson, Paul D. & Viáfara, Jairo & Parsons, Robert V. & Elias, Arne, 2014. "Consumer attitudes about electric cars: Pricing analysis and policy implications," Transportation Research Part A: Policy and Practice, Elsevier, vol. 69(C), pages 299-314.
    5. Schill, Wolf-Peter, 2011. "Electric Vehicles in Imperfect Electricity Markets: The case of Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 39(10), pages 6178-6189.
    6. Shin, Jungwoo & Hwang, Won-Sik & Choi, Hyundo, 2019. "Can hydrogen fuel vehicles be a sustainable alternative on vehicle market?: Comparison of electric and hydrogen fuel cell vehicles," Technological Forecasting and Social Change, Elsevier, vol. 143(C), pages 239-248.
    7. Smith, William J., 2010. "Can EV (electric vehicles) address Ireland’s CO2 emissions from transport?," Energy, Elsevier, vol. 35(12), pages 4514-4521.
    8. Guo, Zhaomiao & Zhou, Yan, 2019. "Residual value analysis of plug-in vehicles in the United States," Energy Policy, Elsevier, vol. 125(C), pages 445-455.
    9. Webb, Jeremy, 2019. "The future of transport: Literature review and overview," Economic Analysis and Policy, Elsevier, vol. 61(C), pages 1-6.
    10. Weiss, Martin & Patel, Martin K. & Junginger, Martin & Perujo, Adolfo & Bonnel, Pierre & van Grootveld, Geert, 2012. "On the electrification of road transport - Learning rates and price forecasts for hybrid-electric and battery-electric vehicles," Energy Policy, Elsevier, vol. 48(C), pages 374-393.
    11. Al-Alawi, Baha M. & Bradley, Thomas H., 2013. "Total cost of ownership, payback, and consumer preference modeling of plug-in hybrid electric vehicles," Applied Energy, Elsevier, vol. 103(C), pages 488-506.
    12. Bradley, Thomas H. & Frank, Andrew A., 2009. "Design, demonstrations and sustainability impact assessments for plug-in hybrid electric vehicles," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(1), pages 115-128, January.
    13. José M. Cansino & Antonio Sánchez-Braza & Teresa Sanz-Díaz, 2018. "Policy Instruments to Promote Electro-Mobility in the EU28: A Comprehensive Review," Sustainability, MDPI, vol. 10(7), pages 1-27, July.
    14. Bubeck, Steffen & Tomaschek, Jan & Fahl, Ulrich, 2016. "Perspectives of electric mobility: Total cost of ownership of electric vehicles in Germany," Transport Policy, Elsevier, vol. 50(C), pages 63-77.
    15. Ni, Meng & Leung, Michael K.H. & Leung, Dennis Y.C. & Sumathy, K., 2007. "A review and recent developments in photocatalytic water-splitting using TiO2 for hydrogen production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(3), pages 401-425, April.
    16. Plötz, Patrick & Funke, Simon Árpád & Jochem, Patrick, 2018. "The impact of daily and annual driving on fuel economy and CO2 emissions of plug-in hybrid electric vehicles," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 331-340.
    17. Martin Robinius & Alexander Otto & Konstantinos Syranidis & David S. Ryberg & Philipp Heuser & Lara Welder & Thomas Grube & Peter Markewitz & Vanessa Tietze & Detlef Stolten, 2017. "Linking the Power and Transport Sectors—Part 2: Modelling a Sector Coupling Scenario for Germany," Energies, MDPI, vol. 10(7), pages 1-23, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Piotr Wróblewski & Wojciech Lewicki, 2021. "A Method of Analyzing the Residual Values of Low-Emission Vehicles Based on a Selected Expert Method Taking into Account Stochastic Operational Parameters," Energies, MDPI, vol. 14(21), pages 1-24, October.
    2. Simona Bigerna & Silvia Micheli, 2018. "Attitudes Toward Electric Vehicles: The Case of Perugia Using a Fuzzy Set Analysis," Sustainability, MDPI, vol. 10(11), pages 1-14, November.
    3. Andriosopoulos, Kostas & Bigerna, Simona & Bollino, Carlo Andrea & Micheli, Silvia, 2018. "The impact of age on Italian consumers' attitude toward alternative fuel vehicles," Renewable Energy, Elsevier, vol. 119(C), pages 299-308.
    4. Karol Tucki & Olga Orynycz & Mateusz Mitoraj-Wojtanek, 2020. "Perspectives for Mitigation of CO 2 Emission due to Development of Electromobility in Several Countries," Energies, MDPI, vol. 13(16), pages 1-24, August.
    5. Ji, Dandan & Gan, Hongcheng, 2022. "Effects of providing total cost of ownership information on below-40 young consumers’ intent to purchase an electric vehicle: A case study in China," Energy Policy, Elsevier, vol. 165(C).
    6. Nykvist, Björn & Sprei, Frances & Nilsson, Måns, 2019. "Assessing the progress toward lower priced long range battery electric vehicles," Energy Policy, Elsevier, vol. 124(C), pages 144-155.
    7. Ranjit R. Desai & Eric Hittinger & Eric Williams, 2022. "Interaction of Consumer Heterogeneity and Technological Progress in the US Electric Vehicle Market," Energies, MDPI, vol. 15(13), pages 1-25, June.
    8. Breetz, Hanna L. & Salon, Deborah, 2018. "Do electric vehicles need subsidies? Ownership costs for conventional, hybrid, and electric vehicles in 14 U.S. cities," Energy Policy, Elsevier, vol. 120(C), pages 238-249.
    9. Karol Tucki & Olga Orynycz & Antoni Świć & Mateusz Mitoraj-Wojtanek, 2019. "The Development of Electromobility in Poland and EU States as a Tool for Management of CO 2 Emissions," Energies, MDPI, vol. 12(15), pages 1-22, July.
    10. Agovino, Massimiliano & Ferraro, Aniello & Garofalo, Antonio, 2023. "Are green cars an optimal and efficient choice for motorists? Evidence from Italy," Transport Policy, Elsevier, vol. 141(C), pages 140-151.
    11. Jones, J. & Genovese, A. & Tob-Ogu, A., 2020. "Hydrogen vehicles in urban logistics: A total cost of ownership analysis and some policy implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    12. Kamile Petrauskiene & Jolanta Dvarioniene & Giedrius Kaveckis & Daina Kliaugaite & Julie Chenadec & Leonie Hehn & Berta Pérez & Claudio Bordi & Giorgio Scavino & Andrea Vignoli & Michael Erman, 2020. "Situation Analysis of Policies for Electric Mobility Development: Experience from Five European Regions," Sustainability, MDPI, vol. 12(7), pages 1-21, April.
    13. Reema Bera & Bhargab Maitra, 2021. "Analyzing Prospective Owners’ Choice Decision towards Plug-in Hybrid Electric Vehicles in Urban India: A Stated Preference Discrete Choice Experiment," Sustainability, MDPI, vol. 13(14), pages 1-24, July.
    14. Makena Coffman & Paul Bernstein & Sherilyn Wee, 2017. "Electric vehicles revisited: a review of factors that affect adoption," Transport Reviews, Taylor & Francis Journals, vol. 37(1), pages 79-93, January.
    15. Wee, Sherilyn & Coffman, Makena & Allen, Scott, 2020. "EV driver characteristics: Evidence from Hawaii," Transport Policy, Elsevier, vol. 87(C), pages 33-40.
    16. repec:ers:journl:v:xxiv:y:2021:i:special1:p:28-39 is not listed on IDEAS
    17. Goldschmidt, Rüdiger & Richter, Andreas & Pfeil, Raphael, 2019. "Active stakeholder involvement and organisational tasks as factors for an effective communication and governance strategy in the promotion of e-taxis. Results from a field research lab," Energy Policy, Elsevier, vol. 135(C).
    18. Kantapich Preedakorn & David Butler & Jörn Mehnen, 2023. "Challenges for the Adoption of Electric Vehicles in Thailand: Potential Impacts, Barriers, and Public Policy Recommendations," Sustainability, MDPI, vol. 15(12), pages 1-21, June.
    19. Faria, Ricardo & Marques, Pedro & Moura, Pedro & Freire, Fausto & Delgado, Joaquim & de Almeida, Aníbal T., 2013. "Impact of the electricity mix and use profile in the life-cycle assessment of electric vehicles," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 271-287.
    20. Nilsson, Måns & Nykvist, Björn, 2016. "Governing the electric vehicle transition – Near term interventions to support a green energy economy," Applied Energy, Elsevier, vol. 179(C), pages 1360-1371.
    21. Makena Coffman & Scott Allen & Sherilyn Wee, 2018. "Who are Driving Electric Vehicles? An analysis of factors that affect EV adoption in Hawaii," Working Papers 2018-3, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:8:p:2131-:d:534013. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.