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Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging

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Listed:
  • Jackson Dorsey
  • Ashley Langer
  • Shaun McRae

Abstract

This paper quantifies the value of electric vehicle (EV) charging networks and the marginal value of network speed and density. We estimate a model of gasoline drivers’ refueling preferences and simulate how these potential future EV drivers value refueling time under counterfactual charging networks. Drivers value refueling time at $19.73/hour. EV adopters with home charging receive $675 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs $7,763 for drivers using public charging. Increasing network charging speed yields three times greater time savings than a proportional increase in station density.

Suggested Citation

  • Jackson Dorsey & Ashley Langer & Shaun McRae, 2022. "Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging," NBER Working Papers 29831, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:29831
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    Cited by:

    1. Fournel, Jean-François, 2023. "Electric Vehicle Subsidies: Cost-Effectiveness and Emission Reductions," TSE Working Papers 23-1465, Toulouse School of Economics (TSE).
    2. Grigolon, Laura & Park, Eunseong & Remmy, Kevin, 2024. "Fueling electrification: The impact of gas prices on hybrid car usage," ZEW Discussion Papers 24-017, ZEW - Leibniz Centre for European Economic Research.
    3. Arlt, Marie-Louise & Astier, Nicolas, 2023. "Do retail businesses have efficient incentives to invest in public charging stations for electric vehicles?," Energy Economics, Elsevier, vol. 124(C).
    4. Heid, Pascal & Remmy, Kevin & Reynaert, Mathias, 2024. "Equilibrium Effects in Complementary Markets: Electric Vehicle Adoption and Electricity Pricing," TSE Working Papers 24-1589, Toulouse School of Economics (TSE).
    5. Pascal Heid & Kevin Remmy & Mathias Reynaert, 2024. "Equilibrium Effects in Complementary Markets: Electric Vehicle Adoption and Electricity Pricing," CRC TR 224 Discussion Paper Series crctr224_2024_615, University of Bonn and University of Mannheim, Germany.

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    More about this item

    JEL classification:

    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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