AFV Finance Initiative Publications and Tools

C2ES and its partners have published papers and created tools for the AFV Finance Initiative. The initiative consists of two projects:

Unlocking Private Sector Financing for Alternative Fuel Vehicles and Fueling Infrastructure

C2ES, in partnership with National Association of State Energy Officials (NASEO) and with funding from the U.S. Department of Energy’s Clean Cities Program, began a two-year project in early 2013 to develop innovative finance strategies aimed at accelerating the deployment of AFVs and fueling infrastructure.

 

When combined with other policies and incentives, publicly-supported financing programs, such as those offered through Clean Energy Banks (CEBs), could significantly accelerate deployment of EV charging infrastructure and facilitate EV market development. Read our report that details the range of financial tools available to CEBs and examines these tools’ potential to reduce barriers to EV infrastructure investment. The report also explores how lessons learned from existing CEBs and other relevant organizations could be applied to the EV charging market.

Innovative service contracts that incorporate features of the Energy Service Company (ESCO) business model could help reduce the barriers to vehicle fleet investment in natural gas vehicles (NGVs) and fueling infrastructure. Read our report that explains how ESCOs reduce barriers faced by energy efficiency and cost savings projects, demonstrates how some of the features of ESCOs are being employed in cutting-edge NGV fleet projects, and explores how these features could be incorporated into innovative business models.

Read our white paper that examines how private financing can address the barriers to demand facing electric, natural gas, and hydrogen fuel cell AFVs and their related fueling infrastructure. Starting with a review of the state of the market, it covers significant barriers to market demand and barriers for private investors and concludes with a review of innovative finance options used in other sectors that could be applied to the AFV market.

 

Business Models for Financially Sustainable EV Charging Networks

The Washington State Legislature’s Joint Transportation Committee selected C2ES to develop new business models that will foster private sector commercialization of public EV charging services.

In May 2014, the Washington State Legislature’s Joint Transportation Committee commissioned a study to develop new business models that will foster private sector commercialization of publicly available EV charging services and expand the role of private sector investment in EV charging throughout the state.

The results of this new study demonstrate that, with continued public support and EV market growth in the near term, it is reasonable to expect the private sector to be able to be the predominant source of funding for publicly available commercial charging stations within approximately five years.

The EV Charging Financial Analysis Tool was developed by C2ES and the Cadmus Group to evaluate the financial viability of EV charging infrastructure investments involving multiple private and public sector partners.

Download the EV Charging Financial Analysis Tool to assess the financial viability of EV charging projects.

The Washington State Legislature was interested in exploring government’s role in fostering new business models that will expand the private sector commercialization of EV charging services. This paper provides an assessment of the existing EV publicly available charging network in Washington.