Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis

Thesis (S.M. in Technology and Policy)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 2008.

Bibliographic Details
Main Author: Karplus, Valerie Jean
Other Authors: John M. Reilly and David H. Marks.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2008
Subjects:
Online Access:http://hdl.handle.net/1721.1/43185
_version_ 1826201667431825408
author Karplus, Valerie Jean
author2 John M. Reilly and David H. Marks.
author_facet John M. Reilly and David H. Marks.
Karplus, Valerie Jean
author_sort Karplus, Valerie Jean
collection MIT
description Thesis (S.M. in Technology and Policy)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 2008.
first_indexed 2024-09-23T11:55:12Z
format Thesis
id mit-1721.1/43185
institution Massachusetts Institute of Technology
language eng
last_indexed 2024-09-23T11:55:12Z
publishDate 2008
publisher Massachusetts Institute of Technology
record_format dspace
spelling mit-1721.1/431852019-04-12T08:52:40Z Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis Prospects for PHEVs in the United States : a general equilibrium analysis Karplus, Valerie Jean John M. Reilly and David H. Marks. Massachusetts Institute of Technology. Dept. of Civil and Environmental Engineering. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Technology and Policy Program. Massachusetts Institute of Technology. Dept. of Civil and Environmental Engineering. Massachusetts Institute of Technology. Engineering Systems Division. Technology and Policy Program. Civil and Environmental Engineering. Engineering Systems Division. Thesis (S.M. in Technology and Policy)--Massachusetts Institute of Technology, Engineering Systems Division, Technology and Policy Program; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Civil and Environmental Engineering, 2008. Includes bibliographical references (p. 72-76). The plug-in hybrid electric vehicle (PHEV) could significantly contribute to reductions in carbon dioxide emissions from personal vehicle transportation in the United States over the next century, depending on the cost-competitiveness of the vehicle, the relative cost of refined fuels and electricity, and the existence of an economy-wide carbon emissions constraint. Using a computable general equilibrium model, I evaluated the potential for the PHEV to enter the U.S. personal vehicle market before 2100 and alter electricity output, refined oil consumption, carbon dioxide emissions, and the economic welfare losses associated with the imposition of a strict climate policy. The PHEV is defined by its ability to run on battery-stored electricity supplied from the grid as well as on refined fuel in an internal combustion engine. Sectors that produce PHEV transportation as well as other electric-drive vehicle technologies were added to the MIT Emissions Prediction and Policy Analysis (EPPA) Model as a perfect substitute for internal combustion engine (ICE)-only vehicles. Engineering cost estimates for the PHEV, as well as information about the pre-existing fleet, were used to specify PHEV sector input shares and substitution elasticities in the model. Based on the model results, several conclusions emerged from this work. First, lower vehicle cost markups may hasten PHEV market entry, especially in the absence of a climate policy. Second, in the short term, the lower cost of electricity compared with refined fuels on a per mile basis is likely to favor adoption of vehicles with longer all-electric ranges. However, realizing the electricity advantage will depend on whether or not current battery cost and performance limitations can be overcome. Third, the availability of biofuels as a carbon neutral fuel substitute could delay PHEV market entry, especially when a climate policy is imposed. (cont.) Fourth, large-scale adoption of the PHEV will increase electricity demand, reduce refined oil consumption, and could offset the economic welfare cost of pursuing a climate policy, especially if biofuels are not available. Fifth, realizing the maximum carbon emissions reduction potential of grid-charged electric-drive vehicles such as the PHEV will depend on concurrent reductions in power sector emissions. by Valerie Jean Karplus. S.M. 2008-11-07T19:13:17Z 2008-11-07T19:13:17Z 2008 2008 Thesis http://hdl.handle.net/1721.1/43185 255605256 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 80 p. application/pdf Massachusetts Institute of Technology
spellingShingle Technology and Policy Program.
Civil and Environmental Engineering.
Engineering Systems Division.
Karplus, Valerie Jean
Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title_full Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title_fullStr Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title_full_unstemmed Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title_short Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis
title_sort prospects for plug in hybrid electric vehicles in the united states a general equilibrium analysis
topic Technology and Policy Program.
Civil and Environmental Engineering.
Engineering Systems Division.
url http://hdl.handle.net/1721.1/43185
work_keys_str_mv AT karplusvaleriejean prospectsforpluginhybridelectricvehiclesintheunitedstatesageneralequilibriumanalysis
AT karplusvaleriejean prospectsforphevsintheunitedstatesageneralequilibriumanalysis