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RESEARCH PRODUCT
The Acceptable Alternative Vehicle Fuel Price
Igor AtamanyukAntonina KalinichenkoValerii Havryshsubject
conventional fuelalternative fuel; conventional fuel; investment; lifetime; efficiency; mathematical modelControl and Optimization020209 energyEnergy Engineering and Power Technologyalternative fuel02 engineering and technology010501 environmental sciences01 natural sciencesLiquefied petroleum gaslcsh:Technologychemistry.chemical_compoundLand transport0202 electrical engineering electronic engineering information engineeringEthanol fuelElectrical and Electronic EngineeringEngineering (miscellaneous)0105 earth and related environmental scienceslifetimeWaste managementRenewable Energy Sustainability and the Environmentlcsh:TinvestmentCompressed natural gasInvestment (macroeconomics)chemistryBiofuelefficiencyFuel efficiencyEnvironmental sciencePetroleummathematical modelEnergy (miscellaneous)description
Historically, petroleum fuels have been the dominant fuel used for land transport. However, the growing need for sustainable national economics has urged us to incorporate more economical and ecological alternative vehicle fuels. The advantages and disadvantages of them complicate the decision-making process and compel us to develop adequate mathematical methods. Alternative fuel (compressed natural gas, liquefied petroleum gas, and ethanol fuel mixtures), the standard prices and their ratios were investigated. A mathematical model to determine a critical ratio between alternative and conventional fuel prices had already been developed. The results of this were investigated. The results showed that the critical ratio is not a linear function on annual conventional fuel consumption costs. According to our simulation gaseous fuels were economically more attractive. Whereas, the use of bioethanol blends had more risk.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2019-10-15 | Energies |