Publicación: Is unsubsidised energy transition possible? Feasibility of replacing diesel buses with electric ones
Fecha
2023-06
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Derechos de acceso
info:eu-repo/semantics/openAccess
Título de la revista
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Título del volumen
Editor
Elsevier
Resumen
This study assesses the economic viability of replacing the existing diesel vehicles with electric ones in the public transport sector of mid-sized European cities. It analyses the win-win situation that would result from a public-private financing of such vehicles.
The proposed methodology is designed to revisit and improve public sector decision-making and its tools. The procedure entails an analysis of the acquisition and operating costs of electric buses, accounting separately for internal costs and externalities, applying different discount rates for the concessionaire and for public funds. The data used for this study comes from literature review and open-source data for Zaragoza, a medium size city in Northeast Spain. The results obtained show that investment in electric buses, by itself, is not profitable if approached only from the private sector and therefore requires public subsidy. The study, replicable in other locations, reveals the importance of this type of analysis during the decision-making process, considering public funds for sustainable urban mobility development as one solution to address energy transition.
Descripción
This is the accepted manuscript of the article. The registered version was first published in Transport Policy, Volume 137, 2023, Pages 67-89, ISSN 0967-070X, is available online on the publisher's website: Elsevier https://doi.org/10.1016/j.tranpol.2023.04.008.
Este es el manuscrito aceptado del artículo. La versión registrada fue publicada por primera vez en Transport Policy, Volume 137, 2023, Pages 67-89, ISSN 0967-070X, está disponible en línea en el sitio web del editor: Elsevier https://doi.org/10.1016/j.tranpol.2023.04.008.
Categorías UNESCO
Palabras clave
Electric vehicles, transport externalities, public subsidy, public transport, urban mobility, decarbonisation
Citación
Javier Arizcuren-Blasco, Rodrigo Martin-Garcia, Aurora Ruiz-Rua, Is unsubsidised energy transition possible? Feasibility of replacing diesel buses with electric ones, Transport Policy, Volume 137, 2023, Pages 67-89, ISSN 0967-070X, https://doi.org/10.1016/j.tranpol.2023.04.008
Centro
Facultades y escuelas::Facultad de Ciencias Económicas y Empresariales
Departamento
Economía de la Empresa y Contabilidad