EconPapers    
Economics at your fingertips  
 

Cost-efficient emission abatement of energy and transportation technologies: Mitigation costs and policy impacts for Belgium

Ellen De Schepper, Steven Van Passel, Sebastien Lizin, Wouter Achten and Karel Van Acker

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: In the light of global warming, this paper develops a framework to compare energy and transportation technologies in terms of cost-efficient GHG emission reduction. We conduct a simultaneous assessment of economic and environmental performances through life cycle costing and life cycle assessment. To calculate the GHG mitigation cost, we create reference systems within the base scenario. Further, we extend the concept of the mitigation cost, allowing (i) comparision of technologies given a limited investment resource, and (ii) evaluation of the direct impact of policy measures by means of the subsidized mitigation cost. The framework is illustrated with a case of solar photovoltaics (PV), grid powered battery electric vehicles (BEVs), and solar powered BEVs for a Belgian small and medium sized enterprise. The study's conclusions are that the mitigation cost of solar PV is high, even though this is a mature technology. The emerging mass produced BEVs on the other hand are found to have a large potential for cost-efficient GHG mitigation as indicated by their low cost of mitigation. Finally, based on the subsidized mitigation cost, we conclude that the current financial stimuli for all three investigated technologies are excessive when compared to the CO2 market value under the EU Emission Trading Scheme. © 2014 Springer-Verlag Berlin Heidelberg.

Keywords: Battery electric vehicles; Energy policy; Life cycle (cost) assessment; Photovoltaics; Transportation policy (search for similar items in EconPapers)
Date: 2014
Note: SCOPUS: ar.j
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Published in: Clean technologies and environmental policy (2014) v.16 n° 6,p.1107-1118

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ulb:ulbeco:2013/153475

Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... lb.ac.be:2013/153475

Access Statistics for this paper

More papers in ULB Institutional Repository from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().

 
Page updated 2019-10-12
Handle: RePEc:ulb:ulbeco:2013/153475