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PiV EI Economics and Carbon Benefits: Scenario Development Final Report (WP3.2)

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Abstract:

The Plug-in Vehicle Economics and Infrastructure: Economics and Carbon Benefits project is a strategic level analysis of the potential size of the market for plug-in vehicles, the total level of investment needed and the total carbon offset for the UK.

The Economics and Carbon Benefits project is providing a quantified analysis of the UK viability and carbon benefits of plug-in vehicles and the associated energy system. The scenarios incorporate the variables that have been identified to be tested within the project. An extensive process of consultation with stakeholders has ensured agreement of the proposed scenarios, and a series of modellers’ meetings have ensured an understanding of the inputs and outputs from the various models.

The base run and the 12 themed scenarios are as follows: -

  • T0 Base (in which all variables are set to their base levels)
  • T1 All circumstances are maximally favourable to PiV sales
  • T2 All circumstances are minimally favourable to PiV sales
  • T3 Government incentives as announced and all other factors are maximally favourable to PiV sales
  • T4 Government incentives as announced and all other factors are minimally favourable to PiV sales
  • T5 High rate of growth in UK GDP
  • T6 Low rate of growth in UK GDP
  • T7 High rate of growth in global economy
  • T8 Medium rate of growth in global economy with a green emphasis
  • T9 Medium rate of growth in global economy with high oil price
  • T10 Medium rate of growth in global economy with oil price spike
  • T11 Low rate of growth in global economy
  • T12 Minimised carbon emissions

Publication Year:

2011

Publisher:

ETI

Author(s):

Reid, R., Bonsall, P. and Butcher, N.

Energy Categories

Language:

English

File Type:

application/pdf

File Size:

2660828 B

Rights:

Energy Technologies Institute Open Licence for Materials

Rights Overview:

The Energy Technologies Institute is making this document available to use under the Energy Technologies Institute Open Licence for Materials. Please refer to the Energy Technologies Institute website for the terms and conditions of this licence. The Information is licensed "as is" and the Energy Technologies Institute excludes all representations, warranties, obligations and liabilities in relation to the Information to the maximum extent permitted by law. The Energy Technologies Institute is not liable for any errors or omissions in the Information and shall not be liable for any loss, injury or damage of any kind caused by its use. This exclusion of liability includes, but is not limited to, any direct, indirect, special, incidental, consequential, punitive, or exemplary damages in each case such as loss of revenue, data, anticipated profits, and lost business. The Energy Technologies Institute does not guarantee the continued supply of the Information. Notwithstanding any statement to the contrary contained on the face of this document, the Energy Technologies Institute confirms that it has the right to publish this document.

Further information:

N/A

Region:

United Kingdom

Publication Type:

Technical Report

Theme(s):

Transport - Light Duty Vehicles