skip to main content
OSTI.GOV title logo U.S. Department of Energy
Office of Scientific and Technical Information

Title: The science and art of valuing externalities: A recent history of electricity sector evaluations

Abstract

In this paper the author looks at the question of placing values on the costs of pollution generated in power plants, in their effects of human health and welfare, and environmental harm, and how these values are assigned and applied in practice. The concept of placing such values on pollution is reflected in the institution of emission controls on power plants. Such types of controls and their costs tend to be termed as externalities. In practice such externalities are generally applied in economic analysis only to new plants and new construction. The author looks at the problem of establishing the economic costs of such factors, and then the factors which figure into the application of such costs in the real world.

Authors:
Publication Date:
Research Org.:
Lawrence Berkeley Lab., CA (United States)
Sponsoring Org.:
USDOE Assistant Secretary for Energy Efficiency and Renewable Energy, Washington, DC (United States)
OSTI Identifier:
503480
Report Number(s):
LBL-37030
ON: DE97007357; TRN: 97:004501
DOE Contract Number:  
AC03-76SF00098
Resource Type:
Technical Report
Resource Relation:
Other Information: PBD: May 1995
Country of Publication:
United States
Language:
English
Subject:
20 FOSSIL-FUELED POWER PLANTS; 15 GEOTHERMAL ENERGY; 21 NUCLEAR POWER REACTORS AND ASSOCIATED PLANTS; 29 ENERGY PLANNING AND POLICY; POWER PLANTS; AIR POLLUTION ABATEMENT; ECONOMIC ANALYSIS; POLITICAL ASPECTS; COST ESTIMATION; HISTORICAL ASPECTS; Geothermal Legacy

Citation Formats

Wiel, S. The science and art of valuing externalities: A recent history of electricity sector evaluations. United States: N. p., 1995. Web. doi:10.2172/503480.
Wiel, S. The science and art of valuing externalities: A recent history of electricity sector evaluations. United States. doi:10.2172/503480.
Wiel, S. Mon . "The science and art of valuing externalities: A recent history of electricity sector evaluations". United States. doi:10.2172/503480. https://www.osti.gov/servlets/purl/503480.
@article{osti_503480,
title = {The science and art of valuing externalities: A recent history of electricity sector evaluations},
author = {Wiel, S.},
abstractNote = {In this paper the author looks at the question of placing values on the costs of pollution generated in power plants, in their effects of human health and welfare, and environmental harm, and how these values are assigned and applied in practice. The concept of placing such values on pollution is reflected in the institution of emission controls on power plants. Such types of controls and their costs tend to be termed as externalities. In practice such externalities are generally applied in economic analysis only to new plants and new construction. The author looks at the problem of establishing the economic costs of such factors, and then the factors which figure into the application of such costs in the real world.},
doi = {10.2172/503480},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Mon May 01 00:00:00 EDT 1995},
month = {Mon May 01 00:00:00 EDT 1995}
}

Technical Report:

Save / Share: