Page 285 - Big Data Analytics for Connected Vehicles and Smart Cities

266 Big Data Analytics for Connected Vehicles and Smart Cities Benefit and Cost Estimation For Smart City Transportation Services 267

Table 11.35
User-Focused Mobility Benefit Estimate
User-Focused Efficiency Efficiency
Mobility Benefit Benefit Total
Cost of emissions $0.011 Time spent traveling 1.325
per vehicle mile per person per day
traveled, private car in hours
Cost of emissions $0.026 Time spent traveling 344.5
per vehicle mile per person per year
traveled, urban truck
Total cost of $91,606,284 Total time spent 344,500,000
emissions, private traveling per year
car
Total cost of $28,968,056 Average value of $12.50
emissions, urban travel time savings
truck
Cost of operation per $0.580 Total cost of time $4,306,250,000
mile, private car spent traveling per
year
Cost of operation per $0.708
mile, urban truck
Total cost of $4,830,149,520
operation, private car
Total cost of $788,822,448
operation, urban
truck
Total cost of $5,739,546,308
operation and
emissions
Assumed reduction 5% Assumed reduction 5%
Annual benefits $286,977,315 Annual benefits $215,312,500 $502,289,815

of a gradual transition toward full automation. A 10% reduction in the cost of
emissions and vehicle operations has been assumed.
Benefits for the urban delivery and logistics service are generated by a 5%
reduction in the cost of urban delivery and a 5% reduction in the cost of emis-
sions and operations for urban vehicles. The cost of urban delivery and logistics
is based on an assumed average cost for each urban delivery of $10 USD and an
average of 5,000 deliveries per day in the smart city. It has also been assumed
that there will be 200 operating days per year, assuming that most of the deliv-
eries will be conducted on weekdays. The cost of emissions and vehicle opera-
tion is based on national vehicle miles traveled per year with an assumed split of
88% private vehicles and 12% urban delivery trucks.
For the user-focused mobility service, it is assumed that benefits are de-
rived from a 5% reduction in the cost of emissions and vehicle operations with-
in the smart city and a 5% reduction in the time spent traveling.