35(1), pages 39-49, January.įull references (including those not matched with items on IDEAS) " Life cycle cost analysis of a car, a city bus and an intercity bus powertrain for year 20,"Įnergy Policy, Elsevier, vol. " An Electric Bus Power Consumption Model and Optimization of Charging Scheduling Concerning Multi-External Factors,"Įnergies, MDPI, Open Access Journal, vol. Yajing Gao & Shixiao Guo & Jiafeng Ren & Zheng Zhao & Ali Ehsan & Yanan Zheng, 2018.Sustainability, MDPI, Open Access Journal, vol. " Planning of Electric Public Transport System under Battery Swap Mode," Wenxiang Li & Ye Li & Haopeng Deng & Lei Bao, 2018." Multi-criteria analysis of alternative-fuel buses for public transportation,"Įnergy Policy, Elsevier, vol. Tzeng, Gwo-Hshiung & Lin, Cheng-Wei & Opricovic, Serafim, 2005." Value of the energy storage system in an electric bus fast charging station,"Īpplied Energy, Elsevier, vol. Ding, Huajie & Hu, Zechun & Song, Yonghua, 2015." A cost benefit analysis of a V2G-capable electric school bus compared to a traditional diesel school bus,"Īpplied Energy, Elsevier, vol. The results show that the electric bus concept with a charging station depot achieving sustainable and zero-emission goals will be the driving force to advance the electric bus concept for Istanbul Public Transport. Afterwards, the Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PB) methods considering TCO values and updated unit prices are carried out for the investment versus profitability analyses to compare the different public bus concepts. The data source used in the proposed approach is created by performing actual field performance tests for diesel, CNG and electric buses under real Istanbul road, time, and trip conditions. For this purpose, a dynamic model based on the Total Cost of Ownership (TCO) from well to wheel has been proposed for the three groups of transportation, namely diesel, CNG (compressed natural gas) and electric buses. In this study, an economic analysis based on actual field data is presented for Istanbul Electricity, Tramway and Tunnel General Management (IETT) to seek the suitability of an electric bus concept for Istanbul conditions. Increasing greenhouse gas emissions (GHG) due to transportation systems in the world make it necessary to establish “zero-emission sustainable transportation systems” in Turkey. As across the world, in Turkey, several studies have been carried out by local government to use sustainable and 100% zero-emission public transport following increased public awareness.