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 12Themed scenarios are as follows: -T0 Base (in which all variables are set to their base levels)T1 All circumstances are maximally favourable to PiV salesT2 All circumstances are minimally favourable to PiV salesT3 Government incentives as announced and all other factors are maximally favourable to PiV salesT4 Government incentives as announced and all other factors are minimally favourable to PiV salesT5 High rate of growth in UK GDPT6 Low rate of growth in UK GDPT7 High rate of growth in global economyT8 Medium rate of growth in global economy with a green emphasisT9 Medium rate of growth in global economy with high oil priceT10 Medium rate of growth in global economy with oil price spikeT11 Low rate of growth in global economyT12 Minimised carbon emissions
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 12Themed scenarios are as follows: -T0 Base (in which all variables are set to their base levels)T1 All circumstances are maximally favourable to PiV salesT2 All circumstances are minimally favourable to PiV salesT3 Government incentives as announced and all other factors are maximally favourable to PiV salesT4 Government incentives as announced and all other factors are minimally favourable to PiV salesT5 High rate of growth in UK GDPT6 Low rate of growth in UK GDPT7 High rate of growth in global economyT8 Medium rate of growth in global economy with a green emphasisT9 Medium rate of growth in global economy with high oil priceT10 Medium rate of growth in global economy with oil price spikeT11 Low rate of growth in global economyT12 Minimised carbon emissions