Work detail

Agent-Based Analysis of Market Potential for Electric Vehicles in the Czech Republic

Author: Bc. Renáta Wojnarová
Year: 2017 - summer
Leaders: PhDr. Jiří Kukačka Ph.D.
Consultants:
Work type: Bachelors
Language: English
Pages: 87
Awards and prizes:
Link:
Abstract: This study explores the economical, ecological, and social impact of potential
rise of the number of electric vehicles in the Czech Republic. For this
purpose, the methodology of agent-based modelling and cost-benefit analysis
is used. Particularly, a simple agent-based model in the NetLogo software is
created and calibrated to the Czech environment. It enables us to examine
the impact of possible policies aimed at increasing electric vehicles’ market
potential.
Results of the cost-benefit analysis suggest that under the current Czech
conditions, over their whole life cycle, electric vehicles produce less CO2
emissions in comparison to conventional internal combustion engine vehicles
and thus, are more ecological. With the actual policy without any financial
incentives, however, electric vehicles’ total costs connected to their purchase,
usage and maintenance for an average Czech consumer are still higher compared
to conventional vehicles. If the government would intend to significantly
increase electric vehicles’ market share, both financial incentives and
policies making their everyday usage easier are suggested to be implemented.
Purchase discounts together with accessibility advantages are, according to
this analysis, the most effective ways. Charging infrastructure development
and electricity cost reductions are also important but they act more as a
psychological tool.

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