Artikel
Would internalisation of external costs change cost-competitiveness of different energy sources?
The world currently stands witness to increasing energy demand mainly because of population growth and improvements in the standard of living. This causes highly negative environmental constraints since energy production, especially from conventional energy sources, is a very intense polluter. Therefore, any new energy infrastructure, especially new energy production facilities, must be carefully planned and designed and their cost competitiveness must be studied in details. Along with more traditional studies, considering mainly investment and production costs, external costs must be taken into account when making a feasibility study of a new power plant on a new country energy mix. Consideration of external costs is also crucial for efficient long term re-evaluation of different energy sources and technologies used in energy industry. The internalisation of external costs shows us the way to evaluate energy systems with inclusion of all environmental and social costs generated in the energy industry. In this paper we attempt to show which renewable energy sources are competitive with conventional energy sources if we internalize external costs. The study is made on the basis of external costs data for the European States which are interesting for the States of former Yugoslavia as well. The results have shown that competitiveness of renewables would change dramatically if all costs are taken into account.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Contemporary Economic and Business Issues ; ISSN: 1857-9108 ; Volume: 1 ; Year: 2014 ; Issue: 2 ; Pages: 55-66 ; Skopje: Ss. Cyril and Methodius University in Skopje, Faculty of Economics
- Classification
-
Wirtschaft
Environmental Economics: Government Policy
Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
Alternative Energy Sources
- Subject
-
external costs
production costs
renewables
Europe
polluter pays principle
- Event
-
Geistige Schöpfung
- (who)
-
Obrecht, Matevž
- Event
-
Veröffentlichung
- (who)
-
Ss. Cyril and Methodius University in Skopje, Faculty of Economics
- (where)
-
Skopje
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Obrecht, Matevž
- Ss. Cyril and Methodius University in Skopje, Faculty of Economics
Time of origin
- 2014
Other Objects (12)
External competitiveness of EU candidate countries
External competitiveness of EU candidate countries
Environmental external costs of transport
External costs of electricity generation
The External Cruising Costs of Parking
The external costs of the motor vehicle
External costs of aviation : research report 29996106
Identification of Options and Policy Instruments for the Internalisation of External Costs of Electricity Generation. Dissemination of External Costs of Electricity Supply Making Electricity External Costs Known to Policy-Makers MAXIMA
Competitiveness Through Consumer Loyalty: The Influence of Switching Costs
Convergence of Knowledge-intensive Sectors and the EU's External Competitiveness
External costs of the Dieselgate – Peccadillo or substantial consequences?
Development through debt: Rationalizing the costs of external borrowing
External competitiveness of EU candidate countries
External competitiveness of EU candidate countries
Environmental external costs of transport
External costs of electricity generation
The External Cruising Costs of Parking
The external costs of the motor vehicle
External costs of aviation : research report 29996106
Identification of Options and Policy Instruments for the Internalisation of External Costs of Electricity Generation. Dissemination of External Costs of Electricity Supply Making Electricity External Costs Known to Policy-Makers MAXIMA
Competitiveness Through Consumer Loyalty: The Influence of Switching Costs
Convergence of Knowledge-intensive Sectors and the EU's External Competitiveness
External costs of the Dieselgate – Peccadillo or substantial consequences?
Development through debt: Rationalizing the costs of external borrowing
External competitiveness of EU candidate countries
External competitiveness of EU candidate countries
Environmental external costs of transport
External costs of electricity generation
The External Cruising Costs of Parking
The external costs of the motor vehicle
External costs of aviation : research report 29996106
Identification of Options and Policy Instruments for the Internalisation of External Costs of Electricity Generation. Dissemination of External Costs of Electricity Supply Making Electricity External Costs Known to Policy-Makers MAXIMA
Competitiveness Through Consumer Loyalty: The Influence of Switching Costs
Convergence of Knowledge-intensive Sectors and the EU's External Competitiveness
External costs of the Dieselgate – Peccadillo or substantial consequences?