Light duty vehicle CO2 emission reduction cost curves and cost assessment

On the 9th of November 2017, the Joint Research Council of the European Union published a study on Light duty vehicle CO2 emission reduction cost curves and cost assessment, using the DIONE model.

The present report presents a set of computational modules for assessing the costs and savings of different CO2 emission targets for new light duty vehicles. In particular, these models allow constructing cost curves, identifying cost-optimal CO2 emission reduction distributions over the different powertrains and segments composing a vehicle fleet, and calculating additional manufacturing costs, fuel and energy savings, and total costs or savings resulting from different scenarios. The modules have been developed and employed in support of the impact assessment for the Commission’s proposal for post-2020 CO2 targets for light duty vehicles.

Source: European Commission