VICE 2.0 is the second generation of the VICE financial model developed by the National Renewable Energy Laboratory for fleet managers to assess the financial soundness of converting their fleets to run on CNG. VICE 2.0 uses a number of variables for infrastructure and vehicles to estimate the business case for decision-makers when considering CNG as a vehicle fuel. Enhancements in version 2.0 include the ability to select the project type (vehicles and infrastructure or vehicle acquisitions only), and to decouple vehicle acquisition from the infrastructure investment, so the two investments may be made independently. Outputs now include graphical presentations of investment cash flow, payback period (simple and discounted), petroleum displacement (annual and cumulative), and annual greenhouse gas reductions. Also, the Vehicle Data are now built around several common conventionally fueled (gasoline and diesel) fleet vehicles. Descriptions of the various model sections and available inputs follow. Each description includes default values for the base-case business model, which was created so economic sensitivities can be investigated by altering various project parameters one at a time.


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    Title :

    Building a Business Case for Compressed Natural Gas in Fleet Applications


    Contributors:
    G. Mitchell (author)

    Publication date :

    2015


    Size :

    34 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English





    A Team Effort in Compressed Natural Gas Fleet Conversion

    Hutton, Jerrold L. / Shaffer, Paul | SAE Technical Papers | 1983


    A Team Effort in Compressed Natural Gas Fleet Conversion

    Hutton,J.L. / Shaffer,P. / Hocking Tech.Coll.,Nelsonville,US et al. | Automotive engineering | 1983