Estimating the Economic and Energetic Tradeoffs of ... · Economic and Energetic Tradeoffs of...
25
Estimating the Economic and Energetic Tradeoffs of Mobility Services vs. Conventional Car Ownership F. Todd Davidson, Ph.D. Research Associate Energy Institute & Webber Energy Group University of Texas at Austin Conference on Transportation, Economics, Energy, and the Environment University of Michigan October 25, 2018
Transcript of Estimating the Economic and Energetic Tradeoffs of ... · Economic and Energetic Tradeoffs of...
Estimating the Economic and Energetic Tradeoffs of Mobility Services vs. Conventional Car Ownership
F. Todd Davidson, Ph.D.Research AssociateEnergy Institute & Webber Energy GroupUniversity of Texas at Austin
Conference on Transportation, Economics, Energy, and the EnvironmentUniversity of Michigan
October 25, 2018
Economic and Energetic Tradeoffs of Mobility Services 2TE3 Conference – Ann Arbor, MI
October 25, 2018
Mobility services are cheaper for ~20% of U.S. drivers compared to owning a car…but it’s complicated
Economic and Energetic Tradeoffs of Mobility Services 3TE3 Conference – Ann Arbor, MI
October 25, 2018
Economic and Energetic Tradeoffs of Mobility Services 4TE3 Conference – Ann Arbor, MI
October 25, 2018
Many have suggested that this is the solution
Economic and Energetic Tradeoffs of Mobility Services 5TE3 Conference – Ann Arbor, MI
October 25, 2018
Car ownership includes annual costs up to $16,667.
http://theconversation.com/to-uber-or-not-why-car-ownership-may-no-longer-be-a-good-deal-83558
Economic and Energetic Tradeoffs of Mobility Services 6TE3 Conference – Ann Arbor, MI
October 25, 2018
Car ownership includes annual costs up to $16,667.
http://theconversation.com/to-uber-or-not-why-car-ownership-may-no-longer-be-a-good-deal-83558
Economic and Energetic Tradeoffs of Mobility Services 7TE3 Conference – Ann Arbor, MI
October 25, 2018
Car ownership includes annual costs up to $16,667.
http://theconversation.com/to-uber-or-not-why-car-ownership-may-no-longer-be-a-good-deal-83558
Economic and Energetic Tradeoffs of Mobility Services 8TE3 Conference – Ann Arbor, MI
October 25, 2018
We built an economic model to compare mobility services & personal car ownership.
The most important question:What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 9TE3 Conference – Ann Arbor, MI
October 25, 2018
We built an economic model to compare mobility services & personal car ownership.
The most important question:What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 10TE3 Conference – Ann Arbor, MI
October 25, 2018
Own a Car
Hire TNC
Annual Miles = 10,000
Fare Price = $1.50/mile
Economic and Energetic Tradeoffs of Mobility Services 11TE3 Conference – Ann Arbor, MI
October 25, 2018
Own a Car
Hire TNC
Annual Miles = 10,000
Fare Price = $1.00/mile
Economic and Energetic Tradeoffs of Mobility Services 12TE3 Conference – Ann Arbor, MI
October 25, 2018
Med
ian
Car =
$31
,000
Median Wage = $15/hr
Owning a car is economically preferable for most people in the United States
Economic and Energetic Tradeoffs of Mobility Services 13TE3 Conference – Ann Arbor, MI
October 25, 2018
We estimate that ~10 to 30% of U.S. drivers would be economically advantaged by adopting mobility services
Economic and Energetic Tradeoffs of Mobility Services 14TE3 Conference – Ann Arbor, MI
October 25, 2018
We estimate that ~10 to 30% of U.S. drivers would be economically advantaged by adopting mobility services
Economic and Energetic Tradeoffs of Mobility Services 15TE3 Conference – Ann Arbor, MI
October 25, 2018
If we can estimate the economic value of mobility services: à estimate consumer behavior
à estimate changes in energy consumption.
Economic and Energetic Tradeoffs of Mobility Services 16TE3 Conference – Ann Arbor, MI
October 25, 2018
Mobility service companies may accelerate vehicle electrification.
Economic and Energetic Tradeoffs of Mobility Services 17TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 18TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Source: Gordon, “Which transport is the fairest of them all?” The Conversation, 2014https://theconversation.com/which-transport-is-the-fairest-of-them-all-24806
Economic and Energetic Tradeoffs of Mobility Services 19TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Source: Gordon, “Which transport is the fairest of them all?” The Conversation, 2014https://theconversation.com/which-transport-is-the-fairest-of-them-all-24806
Economic and Energetic Tradeoffs of Mobility Services 20TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 21TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 22TE3 Conference – Ann Arbor, MI
October 25, 2018
Closing Thoughts
• Mobility services might be economical for ~20% of drivers• SAEV’s are not the only solution• Cars are personal; but the customer might change
What is the value of your time?
Economic and Energetic Tradeoffs of Mobility Services 23TE3 Conference – Ann Arbor, MI
October 25, 2018
AcknowledgementsSponsors• Oak Ridge National Laboratory
Collaborators• Gordon T. Tsai (UT Austin)• Dr. Zhenhong Lin (ORNL)• Dr. Michael E. Webber (UT Austin)• Matt Mangum (UT Austin)
Estimating the Economic and Energetic Tradeoffs of Mobility Services vs. Conventional Car Ownership
F. Todd Davidson, Ph.D.Research AssociateEnergy Institute & Webber Energy GroupUniversity of Texas at Austin
Conference on Transportation, Economics, Energy, and the EnvironmentUniversity of Michigan
October 25, 2018
