Abstract
Climate change and the associated possibility of ecosystem destruction have prompted policymakers to focus on green and sustainable alternatives. The transport sector is a significant contributor to greenhouse gas emissions and other pollutants. An electricity-based public transport system could be a possible solution to these issues. Many studies have highlighted the structure and components of the E-bus-based transit system; however, these studies lack a systematic analysis of the economic rationale of the same. This study aims to present a thorough economic analysis of the aforementioned transportation system. The E-bus-based transit system contributes to lowering harmful emissions and helps promote the use of renewable energy sources. The analysis in this work considers different combinations of such sources. The results of the analysis demonstrate that, given the current cost situation, the capital cost of an electric-based transit system is higher than its operating cost. Additionally, the lifetime (10 years) cost of an electric-based transit system can be reduced with the use of renewable energy sources.
| Original language | English |
|---|---|
| Article number | 111033 |
| Journal | Renewable and Sustainable Energy Reviews |
| Volume | 144 |
| DOIs | |
| State | Published - Jul 2021 |
| Externally published | Yes |
Keywords
- Capital cost
- E-bus
- Economic analysis
- Operating cost
- Solar energy
- Transit system
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