Evaluation of thermal power plant operational performance in Taiwan by data envelopment analysis

C. H. Liu, Sue J. Lin, Charles Lewis

Research output: Contribution to journalArticle

108 Citations (Scopus)

Abstract

Electricity is essential in the economic development of a nation. Due to the rapid growth of economy and industrial development in Taiwan, the demand for use of electricity has increased rapidly. This study evaluates the power-generation efficiency of major thermal power plants in Taiwan during 2004-2006 using the data envelopment analysis (DEA) approach. A stability test was conducted to verify the stability of the DEA model. According to the results, all power plants studied achieved acceptable overall operational efficiencies during 2004-2006, and the combined cycle power plants were the most efficient among all plants. The most important variable in this DEA model is the "heating value of total fuels". Findings from this study can be beneficial in improving some of the existing power plants and for more efficient operational strategies and related policy-making for future power plants in Taiwan.

Original languageEnglish
Pages (from-to)1049-1058
Number of pages10
JournalEnergy Policy
Volume38
Issue number2
DOIs
Publication statusPublished - 2010 Feb 1

Fingerprint

data envelopment analysis
Data envelopment analysis
power plant
Power plants
electricity
Electricity
Combined cycle power plants
industrial development
policy making
power generation
Power generation
economic development
heating
Heating
Economics
evaluation
thermal power plant
Hot Temperature

All Science Journal Classification (ASJC) codes

  • Energy(all)
  • Management, Monitoring, Policy and Law

Cite this

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abstract = "Electricity is essential in the economic development of a nation. Due to the rapid growth of economy and industrial development in Taiwan, the demand for use of electricity has increased rapidly. This study evaluates the power-generation efficiency of major thermal power plants in Taiwan during 2004-2006 using the data envelopment analysis (DEA) approach. A stability test was conducted to verify the stability of the DEA model. According to the results, all power plants studied achieved acceptable overall operational efficiencies during 2004-2006, and the combined cycle power plants were the most efficient among all plants. The most important variable in this DEA model is the {"}heating value of total fuels{"}. Findings from this study can be beneficial in improving some of the existing power plants and for more efficient operational strategies and related policy-making for future power plants in Taiwan.",
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Evaluation of thermal power plant operational performance in Taiwan by data envelopment analysis. / Liu, C. H.; Lin, Sue J.; Lewis, Charles.

In: Energy Policy, Vol. 38, No. 2, 01.02.2010, p. 1049-1058.

Research output: Contribution to journalArticle

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