Page 269 - Big Data Analytics for Connected Vehicles and Smart Cities

250 Big Data Analytics for Connected Vehicles and Smart Cities Benefit and Cost Estimation For Smart City Transportation Services 251

Table 11.12
Smart Grid, Roadway Electrification, and Electric Vehicle Cost Estimate
Smart Grid, Roadway Electrification And Electric Vehicle
Roadside
Electric
Smart Grid Vehicle
Management Charging In-vehicle
Central Subsystem Subsystem Total
Scale factor (capital per $10,000 $100,000 $500
unit)
Units 381 381 903,649
Total capital investment $3,811,335 $38,113,354 $451,824,514 $493,749,204
required
Annual operating costs $571,700 $5,717,003 $67,773,677 $74,062,381
Assumed design life in 7 7 7
years
Annual capital investment $544,476 $5,444,765 $64,546,359 $70,535,601
required
Annual life-cycle cost $1,116,177 $11,161,768 $132,320,036 $144,597,981

Table 11.13
Smart Land-Use Cost Estimate
Smart Land Use
Smart Movement Smart Smart Smart
Land Use Analytics Factory education healthcare
Element Central Subsystem Subsystem subsystem subsystem Totals
Scale factor $10 $10 $50,000 $50,000 $50,000
(capital per
unit)
Units 903,649 1,000,000 200 200 200
Total capital $9,036,490 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $49,036,490
investment
required
Annual $1,355,474 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $7,355,474
operating
costs
Assumed 7 7 7 7 7
design life
in years
Annual $1,290,927 $1,428,571 $1,428,571 $1,428,571 $1,428,571 $7,005,213
capital
investment
required
Annual life- $2,646,401 $2,928,571 $2,928,571 $2,928,571 $2,928,571 $14,360,686
cycle cost