NDLI: Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty

Content Provider	IEEE Xplore Digital Library
Author	Yamashita, D. Daisho, Y. Satoya, D. Takamori, H. Yokoyama, R.
Copyright Year	2014
Description	Author affiliation: Grad. Sch. of Environ. & Energy Eng., Waseda Univ., Tokyo, Japan (Daisho, Y.; Satoya, D.; Takamori, H.; Yokoyama, R.) \|\| Res. Inst. for Sci. & Eng., Waseda Univ., Tokyo, Japan (Yamashita, D.)
Abstract	In this paper, the authors present the estimation of plug-in electric vehicle (PEV) market growth including the uncertainty of gasoline price fluctuation. The authors earlier have developed a model to estimate the market penetration of electric vehicles considering such factors as vehicle prices and availability of quick charging facilities. The optimization of public policy initiatives to support the market growth, such as the purchase subsidies and charging infrastructure investment, have then been applied based on a deterministic optimal control theory. To make the estimation more realistic, we now include the effects of gasoline price fluctuation, based on the observation of past retail gasoline prices. In the present paper, possible ranges of gasoline price fluctuation in the next ten years are estimated, and the influence on the market growth of electric vehicles is quantitatively analyzed.
Starting Page	221
Ending Page	226
File Size	428834
Page Count	6
File Format	PDF
e-ISBN	9781479979103
DOI	10.1109/ICAIET.2014.44
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2014-12-03
Publisher Place	Malaysia
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Fluctuations Optimal control Production Electric vehicles Plug-in electric vehicles; charging infrastructure; market growth model; geometric Brownian process; optimization Petroleum
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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