This content is not included in
your SAE MOBILUS subscription, or you are not logged in.
Pricing of Renewable Gasoline and Its Impact on Greenhouse Gas Emission Reduction Planning for Automakers and Electricity Generators
Technical Paper
2016-01-0295
ISSN: 0148-7191, e-ISSN: 2688-3627
Annotation ability available
Sector:
Language:
English
Abstract
With increasing evidence for climate change in response to greenhouse gasses (GHG) emitted by human activities, pressure is growing to reduce fuel consumption via increased vehicle efficiency and to replace fossil fuels with renewable fuels. While real-world experience with bio-ethanol and a growing body of research on many other renewable fuel pathways provide some guidance as to the cost of renewable transportation fuel, there has been little work comparing that cost to alternative means for achieving equivalent GHG reductions. In earlier work, we developed an optimization model that allowed the transportation and electricity generation sectors to work separately or jointly to achieve GHG reduction targets, and showed that cooperation can significantly reduce the society cost of GHG reductions. In this paper, we expand that model to include a hypothetical renewable gasoline (RG) in the transportation sector to illustrate its potential effects on light duty vehicle (LDV) and electricity generator deployment strategies. We explore the price point needed for RG to emerge as a preferred fuel option to meet the GHG reduction goal. Results show that in both separate and joint cases, even though RG enters the market with a relatively high price, suggesting that RG can cost considerably more than fossil gasoline, it remains viable as a transportation fuel in terms of both minimizing total societal cost and satisfying GHG emissions.
Authors
Citation
Miao, S., Fu, Y., Strumolo, M., Chen, B. et al., "Pricing of Renewable Gasoline and Its Impact on Greenhouse Gas Emission Reduction Planning for Automakers and Electricity Generators," SAE Technical Paper 2016-01-0295, 2016, https://doi.org/10.4271/2016-01-0295.Also In
References
- Stocker T F , Qin D , Plattner G K et al. IPCC, 2013: climate change 2013: the physical science basis Contribution of working group I to the fifth assessment report of the intergovernmental panel on climate change[J] 2013
- EPA U.S. Greenhouse Gas Inventory Report: 1990-2013 http://www3.epa.gov/climatechange/ghgemissions/usinventoryreport.html
- K. Ribeiro , S. , Kobayashi S. , Beuthe M. , Gasca J. , Greene D. , Lee D. S. , Muromachi Y. , Newton P. J. , Plotkin S. , Sperling D. , Wit R. , Zhou P. J. 2007 Transport and its infrastructure Climate Change 2007: Mitigation
- EPA Trends in GHG emissions http://www.epa.gov/climatechange/Downloads/ghgemissions/US-GHG-Inventory-2014-Chapter-2-Trends.pdf
- Elgowainy , A. , Burnham , A. , Wang , M. , Molburg , J. et al. Well-To-Wheels Energy Use and Greenhouse Gas Emissions of Plug-in Hybrid Electric Vehicles SAE Int. J. Fuels Lubr. 2 1 627 644 2009 10.4271/2009-01-1309
- Supekar , S. D. , Caruso K. A. , Daskin M. S. , Skerlos S. J. Least-cost technology investments in the passenger vehicle and electric sectors to meet greenhouse gas emissions targets to 2050 20th CIRP International Conference on Life Cycle Engineering Singapore 2013
- Chen B. , Chao X. , Fu Y. , Strumolo M. et al Impact of gasoline and natural gas prices on capacity planning for automakers and electricity generators under GHG emission constraints DETC2015-46610, ASME 2015 International Design Engineering Technical Conferences and Computers and Information in Engineering Conferences
- Chen B. , Klamp E. , Strumolo M. , Fu Y. et al Optimal Investment Strategies for Automakers and Electricity Generators in a Carbon Constrained World
- Li , Ning et al. Renewable gasoline from aqueous phase hydrodeoxygenation of aqueous sugar solutions prepared by hydrolysis of maple wood Green Chemistry 13 1 2011 91 101
- Hsu , David D. Life cycle assessment of gasoline and diesel produced via fast pyrolysis and hydroprocessing Biomass and Bioenergy 45 2012 41 47
- Han , Jeongwoo et al. Life cycle analysis of fuel production from fast pyrolysis of biomass Bioresource technology 133 2013 421 428
- Joseck Fred , Ward Jake Cradle to Grave Lifecycle Analysis of Vehicle and Fuel Pathways DOE Hydrogen and Fuel Cells Program Record
- Benson , Eric E. et al. Electrocatalytic and homogeneous approaches to conversion of CO2 to liquid fuels Chemical Society Reviews 38 1 2009 89 99
- Vancoillie , Jeroen et al. Comparison of the renewable transportation fuels, hydrogen and methanol formed from hydrogen, with gasoline Engine efficiency study International journal of hydrogen energy 37 12 2012 9914 9924
- Grahn , Maria et al. Fuel and vehicle technology choices for passenger vehicles in achieving stringent CO2 targets: Connections between transportation and other energy sectors Environmental science & technology 43 9 2009 3365 3371
- Grahn , M. , Azar , C. , Williander , M. I. , Anderson , J. E. , Mueller , S. A. et al T. J. 2009 Fuel and vehicle technology choices for passenger vehicles in achieving stringent CO2 targets: Connections between transportation and other energy sectors Environmental science & technology 43 9 3365 3371
- Wright , M. M. , Daugaard , D. E. , Satrio , J. A. , & Brown , R. C. 2010 Techno-economic analysis of biomass fast pyrolysis to transportation fuels Fuel 89 S2 S10