Volume 3: Innovative Solutions for Energy Transitions: Part II

Evaluation of New Greenhouse Gas Emission Standards for Light Duty Vehicles through a Well-To-Wheel Analysis Eunji Yoo, Wonjae Choi, Han Ho Song

Abstract

Well-to-wheel analysis can be used to quantitatively compare the impact electric vehicles has on global warming with conventional internal combustion vehicles. In this study, we performed a well-to-wheel analysis in Korea in 2030. Furthermore, we evaluated the impact of the WTW standard from the perspective of the government, the manufacturer and the consumer. The government adjusts the penalty rate to present a new GHG standard scheme for the same amount of WTW greenhouse gases, and the vehicle market shares move from PHEVs and BEVs to HEVs and ICEVs depending on the manufacturer’s suggested retail price and consumer choice.

Keywords greenhouse gas, vehicle emission standard, well-to-wheel analysis, vehicle market prediction, agentbased model, alternative vehicle