Cost-Benefit Assessment of Electric Vehicle vs Internal Combustion Engine in Latvia
2020 IEEE 61th International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2020): Proceedings 2020
Vladimirs Kirsanovs, Aiga Barisa, Alīna Safronova

Transport sector in Latvia have several challenges: Energy consumption decrease, produced CO2 emission decrease, air pollution decrease, reduction of the average age of the car in the country, integration of renewable energy source to replace fossil fuel. Electric vehicles have high potential in the future to help achieve directive 2018/2001/EC targets. This study presents a cost-benefit analysis of electric vehicles, as well as an internal combustion engine with diesel and gasoline. The cost-benefit analysis methodology was developed considering car production, purchase, operating and utilization costs. Environmental aspects such as air pollution, climate change and noise were also taken into account.


Keywords
CO2 | cost-benefit analysis | electric vehicles | internal combustion engine | operating costs
DOI
10.1109/RTUCON51174.2020.9316610
Hyperlink
https://ieeexplore.ieee.org/document/9316610

Kirsanovs, V., Barisa, A., Safronova, A. Cost-Benefit Assessment of Electric Vehicle vs Internal Combustion Engine in Latvia. In: 2020 IEEE 61th International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2020): Proceedings, Latvia, Rīga, 5-7 November, 2020. Piscataway: IEEE, 2020, pp.166535-166535. ISBN 978-1-7281-9511-7. e-ISBN 978-1-7281-9510-0. Available from: doi:10.1109/RTUCON51174.2020.9316610

Publication language
English (en)
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