ET Meeting Slides


	The objective of the BCA is to assess the benefits and costs of the applications for the entire United States.
	The first step is to develop a “baseline” scenario (which includes connected vehicle infrastructure installed for safety and mobility applications), this is the world without AERIS applications and includes projections of fuel prices, vehicle miles travelled, etc.
	The second step is to estimate benefits for the applications on a unit basis (i.e. per vehicle). These values are then monetized ($) for each environmental benefit category (GHG and criteria pollutant emissions and fuel savings). The unit benefits and monetary values change over time, this is accounted for in the model.
	The third step is to estimate the costs on a unit basis (i.e. per road mile) associated with the applications. Cost elements may have capital and/or operating costs as well as a life associated with the element. These are accounted for in the model.
	The deployment assumptions for baseline RSEs, OBEs, and applications are utilized to determine the number of applications deployed and requirements for cost elements and benefit potential. The model calculates benefits and costs for the nation for each year in the analysis and net present value (the discounted (7%) value of the cumulative project).
	There is a great deal of uncertainty and we conducted some initial sensitivity analyses including testing assumptions related to deployment as well as compliance rate.
	A similar model is being used for analyses in the Road Weather Program and CDDS