Optimal regulatory policies for charging of electric vehicles

Electric vehicles (EVs) and their associated charging stations are characterized by indirect network effects. In this paper the authors propose a theoretical model covering both the entry of charging stations and the sales of EVs. The model is used to study policies for developing an adequate charging network for existing and future EV owners. First, the authors find that governments should subsidize both the variable charging costs at each station and the costs of market entry for charging stations. The charging subsidy should ensure marginal cost pricing on charging, while the entry costs subsidy internalizes the indirect network externality. Second, the authors also find that the ongoing transition to one charging standard in Europe will unambiguously mean higher market shares for EVs and higher welfare for EV owners.

• Record URL:
  https://doi.org/10.1016/j.trd.2021.102922
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S1361920921002212
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13619209
• Supplemental Notes:
  • © 2021 Published by Elsevier Ltd. Abstract reprinted with permission of Elsevier.
• Authors:
  • Greaker, Mads
• Publication Date: 2021-8

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: 102922
• Serial:
  • Transportation Research Part D: Transport and Environment
  • Volume: 97
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 1361-9209
  • Serial URL: http://www.sciencedirect.com/science/journal/13619209

Subject/Index Terms

• TRT Terms: Electric vehicle charging; Electric vehicles; Market share; Ownership; Policy
• Geographic Terms: Europe
• Subject Areas: Highways; Policy; Vehicles and Equipment;

Filing Info

• Accession Number: 01782905
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 27 2021 9:43AM