By November 3, 2017 0 Comments Read More →

Growth in plug-in electric vehicles depends on future market conditions

vehicles

Electric vehicles Source: Getty Images

Different levels of projected plug-in electric vehicle penetration have noticeable effects on worldwide liquids fuel consumption

Cumulative sales of plug-in electric vehicles, including battery electric vehicles and plug-in hybrid electric vehicles, reached 1.2 million worldwide in 2015, according to the U.S. Energy Information Administration.

Still, plug-in electric vehicles account for less than 1 per cent of vehicles in use globally. Future developments in battery technology, policy, and consumer preference have important implications for future plug-in electric vehicles adoption and serve as a great source of uncertainty in meeting future mobility demand.

An Issues in Focus analysis conducted for EIA’s most recent International Energy Outlook (IEO2017) considers some of these uncertainties through different plug-in electric vehicle penetration scenarios and considers the effect that differing rates of adoption have on worldwide energy consumption.

EIA developed two IEO2017 side cases to determine the effect on worldwide energy use if plug-in electric vehicles adoption were higher or lower than projected in the Reference case.

The Low plug-in electric vehicle penetration case reflects low consumer acceptance of technology and projects a little less than half of the plug-in electric vehicle stock as in the Reference case by 2040.

The High plug-in electric vehicle penetration case reflects high consumer acceptance of plug-in electric vehicle technology and projects almost double the stock as in the Reference case by 2040.

graph of world transportation energy consumption in three IEO cases, as explained in the article text

Source: U.S. Energy Information Administration, International Energy Outlook 2017

Different levels of projected plug-in electric vehicle penetration have noticeable effects on worldwide liquids fuel consumption.

Liquids fuel consumption in the light-duty vehicles sector is almost two quadrillion British thermal units (Btu) higher in 2040 in the IEO2017 low penetration case than in the Reference case.

The high penetration case projects liquids fuel consumption to be 2.75 quadrillion Btu lower than in the Reference case in 2040.

Projected changes in light-duty vehicle electricity consumption is not one-to-one with the changes in light-duty vehicle petroleum fuel consumption.

Higher adoption case results in less petroleum use, both because of the greater efficiency of the plug-in electric vehicle powertrain and the switch from using petroleum to electricity.

In the low penetration case, light-duty vehicles consume almost one quadrillion Btu less electricity than in the Reference case.

In the high penetration case light-duty vehicles consume 1.8 quadrillion Btu more electricity than in the Reference case in 2040.

More information on electric vehicles is available in EIA’s International Energy Outlook 2017.

Posted in: Innovation

Post a Comment