Social cost of electricity generation in Greece

This paper presents calculations of the social cost of electricity generation from fossil fuels in Greece. The interest of these calculations is that they allow a more realistic comparison between the actual price of electricity and the electricity produced by renewable energy sources, mainly wind and photovoltaic. The estimated social cost of energy was found to be in the range of 7.3-5.4 GRD· kWh-1. © 1997 Elsevier Science Ltd