- Sep 22, 2021 10:53 am GMT
Total Cost of Ownership (TCO) is a principle that NREL is encouraging fleet owners to use when considering electric or fuel cell vehicles.
“Understanding indirect costs is critical to understanding the full economic implications of a shift toward zero-emission transportation.” says the article herein.
TCO sounds like the “lifecycle cost” approach that electric utilities should apply to T&D assets! After Hurricanes Ida, Maria, Sandy, Isaias; the Texas floods of 2017; the polar vortex freezes in 2021; and more western wildfires complete with PSPS, planners and engineers need to do a better job evaluating the total cost of ownership aka “lifecycle costs.”
So….whether it’s utility fleets, long haul truckers, delivery vehicles or small contractors OR transmission and distribution lines, substations and telecom systems…..now, is the time!
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.