Feasibility of Congestion Pricing as an Energy Conservation Device
Kent Kacir, Jeffery L. Memmott, and Robert Ruffley, Texas A&M University, August 1994, 141 pp.
This report is a feasibility study on the potential of congestion pricing as an energy conservation measure. Although congestion pricing entails many different strategies or schemes, this report primarily focuses on road pricing for highway type facilities. This report evaluates existing and planned toll roads for their involvement with automated vehicle identification and electronic toll collection as these two technologies are viewed as a vital element in any congestion pricing program or scheme. The economic feasibility of congestion pricing is evaluated. Case studies are made in Singapore, Hong Kong, and Oslo, Norway. The impact on fuel consumption is made using a freeway simulation model. The analysis of fuel consumption focuses on using the HOV lane as a congestion priced facility. Issues associated with congestion pricing are discussed. Finally, conclusions and recommendations are made on the potential congestion pricing holds towards reducing fuel consumption
Keywords: Congestion Pricing, Transportation Financing, Marginal Cost Pricing, Fuel Consumption, Automated Vehicle Identification, Electronic Toll Collection
Report not available electronically.
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Reference Report #60029-1