The Acceptable Alternative Vehicle Fuel Price

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-makin...

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Main Authors:	Antonina Kalinichenko, Valerii Havrysh, Igor Atamanyuk
Format:	Article
Language:	English
Published:	MDPI AG 2019-10-01
Series:	Energies
Subjects:	alternative fuel conventional fuel investment lifetime efficiency mathematical model
Online Access:	https://www.mdpi.com/1996-1073/12/20/3889

id	doaj-b43461dc36aa488cb1714511ebe1a017
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spelling	doaj-b43461dc36aa488cb1714511ebe1a0172020-11-25T00:57:57ZengMDPI AGEnergies1996-10732019-10-011220388910.3390/en12203889en12203889The Acceptable Alternative Vehicle Fuel PriceAntonina Kalinichenko0Valerii Havrysh1Igor Atamanyuk2Institute of Technical Science, University of Opole, 45-040 Opole, PolandDepartment of Tractors and Agricultural Machines, Operating and Maintenance, Mykolayiv National Agrarian University, 54020 Mykolayiv, UkraineDepartment of higher and applied mathematics, Mykolayiv National Agrarian University, 54020 Mykolayiv, UkraineHistorically, 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.https://www.mdpi.com/1996-1073/12/20/3889alternative fuelconventional fuelinvestmentlifetimeefficiencymathematical model
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Antonina Kalinichenko Valerii Havrysh Igor Atamanyuk
spellingShingle	Antonina Kalinichenko Valerii Havrysh Igor Atamanyuk The Acceptable Alternative Vehicle Fuel Price Energies alternative fuel conventional fuel investment lifetime efficiency mathematical model
author_facet	Antonina Kalinichenko Valerii Havrysh Igor Atamanyuk
author_sort	Antonina Kalinichenko
title	The Acceptable Alternative Vehicle Fuel Price
title_short	The Acceptable Alternative Vehicle Fuel Price
title_full	The Acceptable Alternative Vehicle Fuel Price
title_fullStr	The Acceptable Alternative Vehicle Fuel Price
title_full_unstemmed	The Acceptable Alternative Vehicle Fuel Price
title_sort	acceptable alternative vehicle fuel price
publisher	MDPI AG
series	Energies
issn	1996-1073
publishDate	2019-10-01
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.
topic	alternative fuel conventional fuel investment lifetime efficiency mathematical model
url	https://www.mdpi.com/1996-1073/12/20/3889
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The Acceptable Alternative Vehicle Fuel Price

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