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Europe Daily Bulletin No. 8011

21 July 2001
Contents Publication in full By article 19 / 47
GENERAL NEWS / (eu) eu/energy
EU-funded research reveals real cost of electricity in Europe

Brussels, 20/07/2001 (Agence Europe) - The cost of electricity production from coal or oil would double and that of electricity production from gas increase by 30% if the external costs such as harm caused to the environment and health were taken into consideration. This is the main conclusion of research funded by the EU of which the Commission has just announced its publication. The report estimates these external costs at 1-2% of the EU's GDP, cost of global warming not included; presently,...

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