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

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

doi:10.1016/j.enpol.2009.10.057

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

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

Department of Resources Engineering

Research output: Contribution to journal › Article › peer-review

143 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 language	English
Pages (from-to)	1049-1058
Number of pages	10
Journal	Energy Policy
Volume	38
Issue number	2
DOIs	https://doi.org/10.1016/j.enpol.2009.10.057
Publication status	Published - 2010 Feb 1

All Science Journal Classification (ASJC) codes

General Energy
Management, Monitoring, Policy and Law

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10.1016/j.enpol.2009.10.057

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title = "Evaluation of thermal power plant operational performance in Taiwan by data envelopment analysis",

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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AU - Lewis, Charles

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N2 - 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.

AB - 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

Abstract

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