ESTIMATION OF EXTERNAL COSTS OF ELECTRICITY GENERATION USING EXTERNE MODEL

Abstract

The external costs of electricity generation can be characterised by the resulting social and environmental impacts. The most significant impacts are the air pollutions impact on health, built in environment, crops, forests, agricultural areas and on global warming. The primary impact considered is the air pollution’s effect on human health. The monetised value of the health impact, the external costs are calculated for two regional coal power plants, the effects are examined on the EU level with the ExternE methodology.External costs, human health, monetized environmental impacts, energy production, coal power plants, air pollution, Environmental Economics and Policy, Health Economics and Policy, Research Methods/ Statistical Methods,