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Vehicles of the Future
Simran Gupta
Economics
(Summer 2014- 6 Weeks)
Four Alternate Fuels
1. Bioethanol
2. Biodiesel
3. Propane
4. Hydrogen
Technology
• Bioethanol
• Produced through agricultural feedstocks
• Made from crops such as sugar cane, potato, corn, ect.
• The cultivation of such starch and sugar crops is necessary.
• Biodiesel
• Made from a diverse mix of feedstocks including oils and animal
fats
• Made through a process called transesterification, which
separates the glycerin from the fatty acids
Technology (continued…)
• Propane
• By-product of natural gas processing
• Produced as a result of petroleum refining
• Hydrogen
• Utilizes electrochemical cells/combustion
• Produced through electrolysis and steam-methane reforming
process
Advantages
• Bioethanol
• CO2 neutral (doesn’t give off toxic CO2 emissions)
• More complete combustion
• Renewable energy resource
• Reduces greenhouse gases
• Biodiesel
• Reducing US dependence on foreign oil
• Creates jobs
• Benefits US economy
• Reduces greenhouse gas emissions
• Dramatically reduces tailpipe pollutants
Advantages (continued…)
• Propane
• Allows for less engine damage
• Allows for faster refill times
• Cheaper than other fuel sources
• Much cleaner form of fuel
• Hydrogen
• Extremely powerful
• No harmful emissions
• Renewable energy source
• Fuel efficient
Infrastructure
• Bioethanol
• Tanks
• Above ground
• Underground
• Dispensers
• Filters
• Hanging Hardware
• Hoses
• Nozzles
• Swivels
• Breakaways
• Biodiesel
• Tanks
• Underground
• Above ground
• Transportation
Infrastructure (continued…)
• Propane
• Storage
• Carrier
• Pipeline transport
• Compressor station
• Hydrogen
• Hydrogen compressor
• Tanks
• Small
• Large
• Hydrogen vehicle
Disadvantages
• Bioethanol
• Increased production would lead to increased food prices
• Production requires large amounts of land which would lead to a
decrease in biodiversity
• Small efficiency percentage
• Has the ability to negatively affect the physical structure of fuel
pumps
• Biodiesel
• Place unsustainable pressure on water resources
• Threatens a nation’s food security
• Increases deforestation
• Emphasizes monoculture
Disadvantages (continued…)
• Propane
• Limited availability
• Provides fewer miles of travel overall
• Less readily available
• Hydrogen
• Requires a large amount of energy to produce
• Production can release greenhouse gases
• Has the ability to damage transportation pipes
Role of the Government
• Bioethanol
• The government would need to set aside large portions of land
solely for the purpose of cultivating sugar and starches to convert
into bioethanol.
• Biodiesel
• The government would have to collect all waste oils to later be
converted into biodiesel.
• Propane
• The government would have to regulate natural oil processing
and petroleum refining, so propane could be produced as a by-
product.
• Hydrogen
• The government would have to determine a method to reduce
energy consumption during hydrogen production in order for it to
be an efficient fuel source.
My Choice
• I would chose biodiesel as an alternate form of fuel for future
cars because it is produced through waste oils. Using waste
products to produce fuel and energy is extremely efficient. If
the oils are to be consumed anyway, it is essential that the
waste products are consumed in an efficient manner, and
biodiesel does exactly that.

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Microeconomics Project (Vehicles of the Future)

  • 1. Vehicles of the Future Simran Gupta Economics (Summer 2014- 6 Weeks)
  • 2. Four Alternate Fuels 1. Bioethanol 2. Biodiesel 3. Propane 4. Hydrogen
  • 3. Technology • Bioethanol • Produced through agricultural feedstocks • Made from crops such as sugar cane, potato, corn, ect. • The cultivation of such starch and sugar crops is necessary. • Biodiesel • Made from a diverse mix of feedstocks including oils and animal fats • Made through a process called transesterification, which separates the glycerin from the fatty acids
  • 4. Technology (continued…) • Propane • By-product of natural gas processing • Produced as a result of petroleum refining • Hydrogen • Utilizes electrochemical cells/combustion • Produced through electrolysis and steam-methane reforming process
  • 5. Advantages • Bioethanol • CO2 neutral (doesn’t give off toxic CO2 emissions) • More complete combustion • Renewable energy resource • Reduces greenhouse gases • Biodiesel • Reducing US dependence on foreign oil • Creates jobs • Benefits US economy • Reduces greenhouse gas emissions • Dramatically reduces tailpipe pollutants
  • 6. Advantages (continued…) • Propane • Allows for less engine damage • Allows for faster refill times • Cheaper than other fuel sources • Much cleaner form of fuel • Hydrogen • Extremely powerful • No harmful emissions • Renewable energy source • Fuel efficient
  • 7. Infrastructure • Bioethanol • Tanks • Above ground • Underground • Dispensers • Filters • Hanging Hardware • Hoses • Nozzles • Swivels • Breakaways • Biodiesel • Tanks • Underground • Above ground • Transportation
  • 8. Infrastructure (continued…) • Propane • Storage • Carrier • Pipeline transport • Compressor station • Hydrogen • Hydrogen compressor • Tanks • Small • Large • Hydrogen vehicle
  • 9. Disadvantages • Bioethanol • Increased production would lead to increased food prices • Production requires large amounts of land which would lead to a decrease in biodiversity • Small efficiency percentage • Has the ability to negatively affect the physical structure of fuel pumps • Biodiesel • Place unsustainable pressure on water resources • Threatens a nation’s food security • Increases deforestation • Emphasizes monoculture
  • 10. Disadvantages (continued…) • Propane • Limited availability • Provides fewer miles of travel overall • Less readily available • Hydrogen • Requires a large amount of energy to produce • Production can release greenhouse gases • Has the ability to damage transportation pipes
  • 11. Role of the Government • Bioethanol • The government would need to set aside large portions of land solely for the purpose of cultivating sugar and starches to convert into bioethanol. • Biodiesel • The government would have to collect all waste oils to later be converted into biodiesel. • Propane • The government would have to regulate natural oil processing and petroleum refining, so propane could be produced as a by- product. • Hydrogen • The government would have to determine a method to reduce energy consumption during hydrogen production in order for it to be an efficient fuel source.
  • 12. My Choice • I would chose biodiesel as an alternate form of fuel for future cars because it is produced through waste oils. Using waste products to produce fuel and energy is extremely efficient. If the oils are to be consumed anyway, it is essential that the waste products are consumed in an efficient manner, and biodiesel does exactly that.