NEWEXT

AcronymDefinition
NEWEXTNew Elements for the Assessment of External Costs from Energy Technologies (European Commission project refining assessment of external costs)
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Building on the results of the EXTERNE project, the Commission has recently launched a follow-up research project called NEWEXT (New elements for the assessment of external costs from energy technologies) which will study additional elements for the evaluation of external costs, such as: monetary valuation of mortality risk; evaluation of acidification and eutrophication (enrichment of the environment in nutrients resulting in undesirable effects such as algae growth) on the ecosystem and biodiversity; effects arising from the fact that several parts of the environment (air/water/soil) may be damaged; effects of major accidents in non-nuclear fuel chains (such as oil spills).