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.
This is a detailed report on the modelling work undertaken in the Economics and Carbon Benefits project. It should be read as a supplement to the final Economics and Carbon Offset Analysis Final Report.
Results are presented in terms ofwhole life emissions from the vehicle parc (including the achievement, or otherwise, of target reductions).The whole life emissions are also subdivided into emissions associated with usage and emissions associated with production and scrappage;Exchequer spend and revenues;the sustainability of the market for PiVs; andthe deployment and sustainability of public charge pointsThe base case scenario demonstrates a switch from gasoline towards diesel with limited uptake of PiVs; PiVs make up only 19% of the parc by 2050 and BEVs only make up 0.6%.The other themed scenarios show the effect of changes in scenario and policy variables to represent themes such as most/least favourable conditions for PiV sales, minimised emissions, green emphasis, impact of high/spiked oil prices and a variety of GDP growth assumptions. Analysis and cross-comparison of their results demonstrates which scenario/policy groupings have a significant impact.
This is a detailed report on the modelling work undertaken in the Economics and Carbon Benefits project. It should be read as a supplement to the final Economics and Carbon Offset Analysis Final Report.
Results are presented in terms ofwhole life emissions from the vehicle parc (including the achievement, or otherwise, of target reductions).The whole life emissions are also subdivided into emissions associated with usage and emissions associated with production and scrappage;Exchequer spend and revenues;the sustainability of the market for PiVs; andthe deployment and sustainability of public charge pointsThe base case scenario demonstrates a switch from gasoline towards diesel with limited uptake of PiVs; PiVs make up only 19% of the parc by 2050 and BEVs only make up 0.6%.The other themed scenarios show the effect of changes in scenario and policy variables to represent themes such as most/least favourable conditions for PiV sales, minimised emissions, green emphasis, impact of high/spiked oil prices and a variety of GDP growth assumptions. Analysis and cross-comparison of their results demonstrates which scenario/policy groupings have a significant impact.