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ESTIMATION OF EXTERNAL COSTS OF ELECTRICITY GENERATION USING EXTERNE MODEL AgEcon
Molnar, Sandor; Debrecin, N.; Kovacevic, T.; Molnar, Melinda.
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.
Tipo: Journal Article Palavras-chave: 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.
Ano: 2008 URL: http://purl.umn.edu/47553
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The Economics of Wind Power: Destabilizing an Electricity Grid with Renewable Power AgEcon
Prescott, Ryan; van Kooten, G. Cornelis.
In this paper, we examine the impact policy choices, including a carbon tax, on the optimal allocation of power across different generation sources and on future investments in generating facilities. The focus in on the Alberta power grid as it is heavily dependent on fossil fuels and has only limited ties to other power grids, although the model could be extended to a larger and even multiple grids. Results indicate that, as wind penetrates the extant generating mix characterizing the grid, cost savings and emission reductions do not decline linearly, but at a decreasing rate. However, if flexibility is allowed then, as the carbon tax increases to $40 per tCO2 or above, existing coal plants start to be replaced by newly constructed wind farms and natural...
Tipo: Working or Discussion Paper Palavras-chave: Economics of wind power; Grid system modeling; Operations research; Carbon taxes; Coal power plants; Environmental Economics and Policy; Resource /Energy Economics and Policy; C61; H23; Q40; Q42.
Ano: 2007 URL: http://purl.umn.edu/37043
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