Page 282 - 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 11.31
Transportation Management Benefit Estimate
Transportation Efficiency Efficiency
Management Safety Benefit benefit benefit Total
Fatalities 10.69 Time spent 1.325 Cost of $0.011
per 100,000 traveling emissions
population per per person per vehicle
year per day in mile traveled
hours private car
Injured persons 752 Time spent 344.5 Cost of $0.026
per 100,000 traveling emissions
population per per person per vehicle
year per year mile traveled
urban truck
Fatalities 107 Total time 344,500,000 Total cost of $91,606,284
spent emissions
traveling private car
per year
Injuries 7,520 Average $12.50 Total cost of $28,968,056
value of emissions
travel time urban truck
savings
Average cost of $1,400,000 Total cost of $4,306,250,000 Cost of $0.580
fatality time spent operation per
traveling mile private
per year car
Average cost of $1,000,000 Cost of $0.708
injury accident operation per
mile urban
truck
Cost of fatalities $149,660,000 Total cost $4,830,149,520
of operation
Private car
Cost of injuries $7,520,000,000 Total cost $788,822,448
of operation
urban truck
Total cost of $7,669,660,000 Total cost $5,739,546,308
accidents of operation
and
emissions
Assumed 2% Assumed 2% Assumed 2%
reduction reduction reduction
Annual benefits $153,393,200 Annual $86,125,000 Annual $114,790,926 $354,309,126
benefits benefits

vehicles and urban trucks. A 100% reduction in emissions is assumed as electric
vehicles will produce zero omissions. It could be argued that some omissions
will simply be transferred from the roadside to the power plant, but it is a rea-
sonable assumption that centralizing these omissions will enable effective and
efficient treatment, compared to the distributed omissions from internal com-
bustion engine vehicles. An emissions reduction of 76% for electronic vehicles