Page 281 - Big Data Analytics for Connected Vehicles and Smart Cities

262 Big Data Analytics for Connected Vehicles and Smart Cities Benefit and Cost Estimation For Smart City Transportation Services 263

Table 11.29
Smart Grid, Roadway Electrification, and Electric Vehicle Benefit Estimate
Smart Grid, Roadway Electrification, And Electric Vehicle Efficiency benefit
Cost of emissions per vehicle mile traveled, private car $0.011
Cost of emissions per vehicle mile traveled, urban truck $0.026
Total cost of emissions, private car $91,606,284
Total cost of emissions, urban truck $28,968,056
Cost of operation per mile, private car $0.580
Cost of operation per mile, urban truck $0.708
Total cost of operation, Private car $4,830,149,520
Total cost of operation, urban truck $788,822,448
Total cost of operation and emissions $5,739,546,308
Assumed reduction in emissions 100%
Assumed reduction in operating cost 76%
Annual benefits emissions $120,574,340.00
Annual benefits operating costs $4,262,668,390
Annual life-cycle benefits $4,383,242,730

Table 11.30
Smart Land-Use Benefit Estimate
Smart Land Use Efficiency Benefit
Cost of emissions per vehicle mile traveled, $0.011
private car
Cost of emissions per vehicle mile traveled, urban $0.026
truck
Total cost of emissions, private car $91,606,284
Total cost of emissions, urban truck $28,968,056
Cost of operation per mile, private car $0.580
Cost of operation per mile urban truck $0.708
Total cost of operation, private car $4,830,149,520
Total cost of operation urban truck $788,822,448
Total cost of operation and emissions $5,739,546,308
Assumed reduction 2%
Annual benefits $114,790,926

through the more efficient payment for transportation, which will speed board-
ing and improve connectivity between modes and interchange points between
transportation routes and services.
The smart grid, roadway electrification, and electric vehicle service is
assumed to result in a reduction in emissions and operating cost for private