Modeling the Spread of Electric Vehicles Based on Life-Cycle Cost

2012 ◽  
Vol 424-425 ◽  
pp. 146-150
Author(s):  
Wen Bin Xiao ◽  
Yan Hui Lin ◽  
Xiao Zheng ◽  
Shi Qi Ye

Compelled by the shortage of non-renewable energy and long-term development of society, the purpose of this study was to test the feasibility and possibility of the widespread of battery electric vehicles (BEV) to substitute fuel vehicles. “Life cycle cost” (LCC) model was used to compare the cost of electric vehicle and gasoline vehicle from 2009 to 2035 year assuming that the cost is charged by “per-mile-cost”. After 2019, the cost of EV will manifest its superiority. It was concluded that the vehicle manufactures should strive to improve the performance of battery technologically, especially the number of charge cycle first and the government can provide fuel tax or financial subsidy for costumes to buy EV or provide research fund to assist technological improvement to boost the widespread of EV

2020 ◽  
Vol 12 (6) ◽  
pp. 2387 ◽  
Author(s):  
Bamidele Victor Ayodele ◽  
Siti Indati Mustapa

The transportation sector has been reported as a key contributor to the emissions of greenhouse gases responsible for global warming. Hence, the need for the introduction of electric vehicles (EVs) into the transportation sector. However, the competitiveness of the EVs with the conventional internal combustion engine vehicles has been a bone of contention. Life cycle cost analysis (LCCA) is an important tool that can be employed to determine the competitiveness of a product in its early stage of production. This review examines different published articles on LCCA of EVs using Scopus and Web of Science databases. The time trend of the published articles from 2001 to 2019 was examined. Moreover, the LCC obtained from the different models of EVs were compared. There was a growing interest in research on the LCC of EVs as indicated by the upward increase in the number of published articles. A variation in the LCC of the different EVs studied was observed to depend on several factors. Based on the LCC, EVs were found not yet competitive with conventional internal combustion engine cars due to the high cost of batteries. However, advancement in technologies with incentives could bring down the cost of EV batteries to make it competitive in the future.


2016 ◽  
Vol 845 ◽  
pp. 326-331 ◽  
Author(s):  
Peter F. Kaming ◽  
Juli Marliansyah

Analysis of the life cycle cost of a design process that is important in controlling the initial costs and future costs in possession of an investment project. Therefore, there should be a life cycle cost analysis study to determine the cost of any category contained in the hostel building project in the area of Islamic Hospital jimbunmedika Kediri and also see how much the total cost incurred by a development project in the area of hospital hostel Islam jimbunmedika Kediri ranging from the design stage to the technical life of hostels set .The purpose of this study is, identify the service life of the building material components hostels on Hospital Grounds JimbunMedika Kediri, and make long-term plans of the building life cycle cost hostels in the area Jimbun Medika Kediri Hospital. From the results of the research, there are three groups that make up the life cycle cost is the cost of building, operating costs, and the cost of maintenance and replacement. For a long-term plan the life cycle cost of the costs and the percentage obtained as follows, development cost Rp.4.290.000.000 (46%), operational costs Rp. 3.799.333.250 (28%), maintenance and replacement costs Rp. 2.590.900.000 (26%).


Energies ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2217
Author(s):  
Yash Kotak ◽  
Carlos Marchante Fernández ◽  
Lluc Canals Casals ◽  
Bhavya Satishbhai Kotak ◽  
Daniel Koch ◽  
...  

It is a fact that electric vehicles (EVs) are beneficial for climate protection. However, the current challenge is to decide on whether to reuse an EV battery or to recycle it after its first use. This paper theoretically investigates these areas i.e., recycle and reuse. It was found that there are several commercially used recycling processes and also some are under research to regain maximum possible materials and quantity. The concept of reusing (second life) of the battery is promising because, at the end of the first life, batteries from EVs can be used in several applications such as storing energy generated from renewable sources to support the government grid. However, the cost and life-cycle analysis (LCA) demonstrated that there are several aspects involved in battery reuse applications. Henceforth, one LCA generalised method cannot provide an optimal approach for all cases. It is important to have a detailed study on each of the battery reusing applications. Until then, it is safe to say that reusing the battery is a good option as it would give some time to recycling companies to develop cost and energy-efficient methods.


2021 ◽  
Vol 11 (4) ◽  
pp. 1423
Author(s):  
José Manuel Salmerón Lissen ◽  
Cristina Isabel Jareño Escudero ◽  
Francisco José Sánchez de la Flor ◽  
Miriam Navarro Escudero ◽  
Theoni Karlessi ◽  
...  

The 2030 climate and energy framework includes EU-wide targets and policy objectives for the period 2021–2030 of (1) at least 55% cuts in greenhouse gas emissions (from 1990 levels); (2) at least 32% share for renewable energy; and (3) at least 32.5% improvement in energy efficiency. In this context, the methodology of the cost-optimal level from the life-cycle cost approach has been applied to calculate the cost of renovating the existing building stock in Europe. The aim of this research is to analyze a pilot building using the cost-optimal methodology to determine the renovation measures that lead to the lowest life-cycle cost during the estimated economic life of the building. The case under study is an apartment building located in a mild Mediterranean climate (Castellon, SP). A package of 12 optimal solutions has been obtained to show the importance of the choice of the elements and systems for renovating building envelopes and how energy and economic aspects influence this choice. Simulations have shown that these packages of optimal solutions (different configurations for the building envelope, thermal bridges, airtightness and ventilation, and domestic hot water production systems) can provide savings in the primary energy consumption of up to 60%.


Buildings ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 215
Author(s):  
Bojana Petrović ◽  
Xingxing Zhang ◽  
Ola Eriksson ◽  
Marita Wallhagen

The objective of this paper was to explore long-term costs for a single-family house in Sweden during its entire lifetime. In order to estimate the total costs, considering construction, replacement, operation, and end-of-life costs over the long term, the life cycle cost (LCC) method was applied. Different cost solutions were analysed including various economic parameters in a sensitivity analysis. Economic parameters used in the analysis include various nominal discount rates (7%, 5%, and 3%), an inflation rate of 2%, and energy escalation rates (2–6%). The study includes two lifespans (100 and 50 years). The discounting scheme was used in the calculations. Additionally, carbon-dioxide equivalent (CO2e) emissions were considered and systematically analysed with costs. Findings show that when the discount rate is decreased from 7% to 3%, the total costs are increased significantly, by 44% for a 100-year lifespan, while for a 50 years lifespan the total costs show a minor increase by 18%. The construction costs represent a major part of total LCC, with labor costs making up half of them. Considering costs and emissions together, a full correlation was not found, while a partial relationship was investigated. Results can be useful for decision-makers in the building sector.


Author(s):  
Kosuke Ishii ◽  
Cheryl Juengel ◽  
C. Fritz Eubanks

Abstract This study develops a method to capture the broadest customer preference in a product line while minimizing the life-cycle cost of providing variety. The paper begins with an overview of product variety and its importance in overhead costs: supply chain, equipment and tooling, service, and recycling. After defining the product structure graph as a representation of variety, the paper introduces an approximate measure for the customer importance and life-cycle cost of product variety The cost measure utilizes the concept of late point identification which urges standardization early in the manufacturing process and differentiation at the end of the process. The variety importance-cost map allows engineers to identify cost drivers in the design of the product or the manufacturing system and seek improvements. The refrigerator door example illustrates the concept. On-going work seeks to validate and enhance the method with several companies from different industries.


Author(s):  
Wai M. Cheung ◽  
Linda B. Newnes ◽  
Antony R. Mileham ◽  
Robert Marsh ◽  
John D. Lanham

This paper presents a review of research in the area of life cycle costing and offers a critique of current commercial cost estimation systems. The focus of the review is on relevant academic research on life cycle cost from 2000 onwards. In addition to this a comparison of the current cost estimation systems is presented. Using the review findings and industrial investigations as a base, a set of mathematical representations for design and manufacturing costs and the introduction of the critical factors is proposed. These are considered in terms of the operational, maintenance and disposal costs to create a method for ascertaining the life cycle cost estimate for complex products. This is presented using as an exemplar, research currently being undertaken in the area of low volume and long life electronic products in the UK defence sector. The benefit of the method proposed is that it aims to avoid the inflexibility of traditional approaches which usually require historical and legacy data to support the cost estimation processes.


2016 ◽  
Vol 4 (2) ◽  
pp. 149-155
Author(s):  
Allen Blash ◽  
William Butler ◽  
Lindy Clark ◽  
Kyle Fleming ◽  
LTC Jennifer Kasker

In order to make the best use of the defense spending budget, it is critical that the Department of Defense (DoD) accurately predict the Research, Development, Test and Evaluation (RDT&E), Procurement, and Operation and Support (O&S) costs down to the third level of the Work Breakdown Structure for Major Defense Acquisition Project (MDAP) wheeled or tracked vehicles. This research utilizes historical data, extracted from government databases, to develop cost estimating relationships (CERs) that predict the life cycle cost of wheeled and tracked vehicles based on attributes. This research can also be leveraged for defense acquisition programs across the DoD portfolio. The model will be integrated into a tradespace analysis tool, ERS & CREATE-GV, which was developed by ERDC to predict the cost of each alternative created in the tradespace.


2016 ◽  
Vol 2016 ◽  
pp. 1-10 ◽  
Author(s):  
Sung-Min Choi ◽  
Yeon-Sil Lee

Currently, repair and maintenance cycles that follow the completion of construction facilities lead to the necessitation of subsequent data on the analysis of study and plan for maintenance. As such, an index of evaluation was drafted and a plan of maintenance cycle was computed using the investigation data derived from surveying target housing units in permanent rental environmental conditions, with a minimum age of 20 years, and their maintenance history. Optimal maintenance and replacement methods were proposed based on this data. Economic analysis was conducted through the Risk-Weighted Life Cycle Cost (RWLCC) method in order to determine the cost analysis of maintenance life cycle methods used for repair. Current maintenance cycle methods that have been used for 20 years were also compared with alternative maintenance cycles.


2005 ◽  
Vol 39 (2-3) ◽  
pp. 473-489
Author(s):  
Bruce Feldthusen

Ontario has changed its no-fault legislation substantially three times in the past decade. These changes have reflected the interest group lobbying of the insurance industry and the practising bar. However, the main and explicit motivation, especially for the latest revision, has been the government's desire to regulate rates. With the Automobile Insurance Rate Stability Act the government appears to have struck a very successful compromise. The lawyers have been allowed an increased, albeit limited, right to sue in tort. The insurers have achieved more certainty, with stricter time and monetary limits on benefits for non-catastrophic injury. Rates have been reduced in part through lower benefit levels, but primarily by throwing the cost of automobile accidents on to other collateral sources. There is, therefore, some subsidization of driving inherent in the legislation. There are also compensation gaps, especially in long term health care, that affect mainly the most vulnerable members of society. Both these shortcomings could and should be easily corrected. So far, it would appear that the politics of rate regulation have generated an improved no-fault automobile accident compensation scheme for Ontario.


Sign in / Sign up

Export Citation Format

Share Document