Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty

D. Yamashita, Yasuhiro Daisho, D. Satoya, H. Takamori, R. Yokoyama

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

In this paper, the authors present the estimation of plug-in electric vehicle (PEV) market growth including the uncertainty of gasoline price fluctuation. The authors earlier have developed a model to estimate the market penetration of electric vehicles considering such factors as vehicle prices and availability of quick charging facilities. The optimization of public policy initiatives to support the market growth, such as the purchase subsidies and charging infrastructure investment, have then been applied based on a deterministic optimal control theory. To make the estimation more realistic, we now include the effects of gasoline price fluctuation, based on the observation of past retail gasoline prices. In the present paper, possible ranges of gasoline price fluctuation in the next ten years are estimated, and the influence on the market growth of electric vehicles is quantitatively analyzed.

Original languageEnglish
Title of host publicationProceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages221-226
Number of pages6
ISBN (Electronic)9781479979103
DOIs
Publication statusPublished - 2015 Dec 9
Event4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014 - Kota Kinabalu, Sabah, Malaysia
Duration: 2014 Dec 22014 Dec 5

Other

Other4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014
CountryMalaysia
CityKota Kinabalu, Sabah
Period14/12/214/12/5

Fingerprint

Electric vehicles
Gasoline
Control theory
Availability
Uncertainty

Keywords

  • charging infrastructure
  • geometric Brownian process
  • market growth model
  • optimization
  • plug-in electric vehicles

ASJC Scopus subject areas

  • Computer Science Applications
  • Engineering (miscellaneous)
  • Artificial Intelligence

Cite this

Yamashita, D., Daisho, Y., Satoya, D., Takamori, H., & Yokoyama, R. (2015). Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty. In Proceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014 (pp. 221-226). [7351838] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICAIET.2014.44

Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty. / Yamashita, D.; Daisho, Yasuhiro; Satoya, D.; Takamori, H.; Yokoyama, R.

Proceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014. Institute of Electrical and Electronics Engineers Inc., 2015. p. 221-226 7351838.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Yamashita, D, Daisho, Y, Satoya, D, Takamori, H & Yokoyama, R 2015, Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty. in Proceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014., 7351838, Institute of Electrical and Electronics Engineers Inc., pp. 221-226, 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014, Kota Kinabalu, Sabah, Malaysia, 14/12/2. https://doi.org/10.1109/ICAIET.2014.44
Yamashita D, Daisho Y, Satoya D, Takamori H, Yokoyama R. Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty. In Proceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014. Institute of Electrical and Electronics Engineers Inc. 2015. p. 221-226. 7351838 https://doi.org/10.1109/ICAIET.2014.44
Yamashita, D. ; Daisho, Yasuhiro ; Satoya, D. ; Takamori, H. ; Yokoyama, R. / Electric Vehicle Penetration Model Considering Policy Subsidy and Fuel Price Uncertainty. Proceedings - 2014 4th International Conference on Artificial Intelligence with Applications in Engineering and Technology, ICAIET 2014. Institute of Electrical and Electronics Engineers Inc., 2015. pp. 221-226
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