1. Optimized H2 fueling station arrangement model based on total cost of ownership (TCO) of fuel cell electric vehicle (FCEV)
- Author
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Boreum Lee, Hankwon Lim, Hyunjun Lee, Aejin Lee, and Ayeon Kim
- Subjects
business.product_category ,Renewable Energy, Sustainability and the Environment ,Supply chain ,Global warming ,Energy Engineering and Power Technology ,Environmental economics ,Total cost of ownership ,Condensed Matter Physics ,Environmental issue ,Fuel Technology ,restrict ,Electric vehicle ,Environmental science ,Fuel cells ,Market share ,business - Abstract
Environmental issue such as global warming caused serious natural disasters such as flood and drought due to CO2 emission. Global countries cooperate to address the global warming represented by Paris Agreement, which encouraged actions to restrict CO2 emission and global average temperature increase. H2 has been received more attention than before due to its eco-friendly property. Fuel cell and fuel cell electric vehicle (FCEV) are the widely used H2 application in terms of energy and transportation sector. However, most of the researches were carried out related to H2 supply chain. In hence, in this study, economic analysis considering total cost of ownership (TCO) of FCEV was conducted and correlation between TCO and market share of FCEV was figured out by drawing a regression curve. Finally, an optimization model was developed to obtain the optimal H2 fueling station arrangement model in case of 2022, 2030, and 2040 depending on learning rate (8, 13, and 18%). The $ 46,444.2 of TCO was computed considering three years of ownership length. In addition, 4.3, 31.7, and 94.0% of maker share in 2040 were reached in case of 8, 13, and 18% of learning rate, respectively. Finally, it was unveiled that H2 fueling station is preferred to construct equally in nation and the construction region will be shifted to a higher population density region as time passed.
- Published
- 2021
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