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European researchers have made strong efforts to scientifically quantify the so-called energy “external costs”, i.e. the social and environmental damages coming from the production and use of energy. Today, after years of research and if still many uncertainties exist, a clear awareness about the necessity to internalise external costs starts to appear in the European Union decision-making process.
The principal objective of this paper is to derive unit values that express the welfare impacts of accidents in the non-nuclear energy supply chain in monetary terms, and enable calculation of the external costs of such accidents. Thus, for a given welfare impact unit, (e.g. a work-place injury), we look to identify a monetary value that represents the willingness to pay (WTP) to avoid the impact...
In 1998 ENSAD, a highly comprehensive database on severe accidents with emphasis on the energy sector, was established by the Paul Scherrer Institute (PSI). The historical experience represented in this database was supplemented by probabilistic analyses for the nuclear energy, to carry out a detailed comparison of severe accident risks in the energy sector [1]. The database allows to perform comprehensive...
Severe accidents in the energy sector have been identified as one of the main contributors to man-made disasters. Based primarily on the historical experience, the Paul Scherrer Institut (PSI) carries out extensive analyses of severe accidents in the energy sector. The work presented here is focused on severe accident risks in fossil energy chains, i.e. coal, oil, natural gas and Liquefied Petroleum...
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