Ara Ake has launched a free ‘total cost of ownership’ (TCO) tool to help Long-Distance Heavy Freight companies and the public sector better understand the options for decarbonising their road fleet.
It calculates the cost of road freight movements using different fuels for a given freight trip. By using a TCO approach in calculating the different powered fuels per unit, decision-makers can now use customised, scenario-based solutions as price paths for low-carbon transition over time.
NERA Economic Consulting developed the TCO comparison tool for Ara Ake. It was reviewed by New Zealand Institute of Economic Research and includes freight data provided by EROAD.
The Microsoft Excel formatted tool is accompanied by a PDF user guide and is free to download to those that have registered.
By providing useful resources such as this, Ara Ake is accelerating New Zealand’s transition to a low-emissions energy future.
Request access to the tool here