1	"Emily Pindilli" Emily Pindilli On behalf of: AERIS Program
2	Agenda
3	Evaluation of AERIS Applications
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5	Purpose of Benefit-Cost Analysis What magnitude of benefits can be expected from AERIS applications? What costs will be incurred by deploying these applications? Do the benefits outweigh the costs? Which applications provide the highest benefit to cost ratio?
6	Key Assumptions & Scope Only incremental costs were evaluated; connected vehicle infrastructure is assumed to be in-place Only environmental benefits were considered: Greenhouse gas reductions Criteria pollutant reductions Fuel savings Costs and benefits data were derived from literature: ITS Cost-Benefit Database AERIS Broad Agency Announcement (BAA) Projects Environmental Protection Agency Vehicle Emissions Factors In most cases, the AERIS team made the most conservative assumptions
7	AERIS BCA Summary Approach
8	Baseline Development
9	Baseline Assumptions On-Board Equipment (OBE) Deployment Rate Roadside Equipment (RSE) Deployment Rate AERIS Application Deployment Rate AERIS Application Compliance Rate Driver Compliance Agency (or Jurisdiction) Compliance Other Key Variables Fuel Price Vehicle Miles Travelled
10	On-Board Equipment (OBE) Deployment Rate
11	Road Side Equipment (RSE) Deployment Rate
12	AERIS Application Deployment Rate
13	Compliance Rates: Driver & Agency
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15	Benefit Analysis
16	Benefit Analysis Approach
17	Derivation of Benefit Estimates from Literature
18	Normalization of Benefit Data
19	Monetization of Benefit Data
20	Cost Analysis
21	Cost Analysis Approach
22	Cost Element Identification
23	Derivation of Cost Estimates from Literature
24	Cost Element Associated with each Application
25	Extrapolation
26	"What" What: Model/Tool that extrapolates unit costs and benefits to the National Level. Why: National driving behavior and transportation infrastructure are heterogeneous. How: Six “Representative Areas” were used to capture major geographical differences.
27	Nationwide Extrapolation of Unit Benefits
28	Nationwide Extrapolation of Unit Costs
29	Preliminary Results
30	Preliminary Results Caveats Net Benefits = Monetized Environmental Benefits – Costs The results only consider incremental costs and environmental benefits Cumulative values for 2017-2055, discounted (7%), accounts for inflation and time value of money (Net Present Value) Values represent national deployment Applications evaluated individually, aggregation will change benefits and/or costs Benefit estimates derived from literature on similar, but not exact AERIS applications; modeling/simulation of AERIS applications will improve benefit estimates Not enough data was available to assess: AFV Charging/Fueling Information AFV Engine Performance Optimization Dynamic Eco-Lanes Eco-Network Decision Support System
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34	Key Findings & Considerations The initial BCA evaluates environmental benefits of the applications to compare the magnitude of their benefits; the results provide a number of key findings: Magnitude of benefits realized is very sensitive to the compliance rate Applications that generate benefits on a VMT basis have highest overall benefits Applications may have significant local/regional benefits; however, do not provide substantial nationwide benefits Considerations raised by the BCA: The role of dedicated short range communication (DSRC) vs. cellular communication and the implications for deployment Agencies may not turn on applications all the time; e.g., eco-speed harmonization may be activated during code orange air quality days
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