Total-Factor Energy Efficiency (TFEE) Evaluation on Thermal Power Industry with DEA, Malmquist and Multiple Regression Techniques

Jin-Peng Liu, Qian-Ru Yang and Lin He
Additional contact information
Jin-Peng Liu: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Qian-Ru Yang: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Lin He: Economy and Technology Research Institute, State Grid Xin Jiang Electric Power Corporation, Wulumuqi 830011, China

Energies, 2017, vol. 10, issue 7, 1-14

Abstract: Under the background of a new round of power market reform, realizing the goals of energy saving and emission reduction, reducing the coal consumption and ensuring the sustainable development are the key issues for thermal power industry. With the biggest economy and energy consumption scales in the world, China should promote the energy efficiency of thermal power industry to solve these problems. Therefore, from multiple perspectives, the factors influential to the energy efficiency of thermal power industry were identified. Based on the economic, social and environmental factors, a combination model with Data Envelopment Analysis (DEA) and Malmquist index was constructed to evaluate the total-factor energy efficiency (TFEE) in thermal power industry. With the empirical studies from national and provincial levels, the TFEE index can be factorized into the technical efficiency index (TECH), the technical progress index (TPCH), the pure efficiency index (PECH) and the scale efficiency index (SECH). The analysis showed that the TFEE was mainly determined by TECH and PECH. Meanwhile, by panel data regression model, unit coal consumption, talents and government supervision were selected as important indexes to have positive effects on TFEE in thermal power industry. In addition, the negative indexes, such as energy price and installed capacity, were also analyzed to control their undesired effects. Finally, considering the analysis results, measures for improving energy efficiency of thermal power industry were discussed widely, such as strengthening technology research and design (R&D), enforcing pollutant and emission reduction, distributing capital and labor rationally and improving the government supervision. Relative study results and suggestions can provide references for Chinese government and enterprises to enhance the energy efficiency level.

Keywords: total-factor energy efficiency (TFEE); factors identification; efficiency evaluation; thermal power industry; advises and suggestions (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
https://www.mdpi.com/1996-1073/10/7/1039/pdf (application/pdf)
https://www.mdpi.com/1996-1073/10/7/1039/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:10:y:2017:i:7:p:1039-:d:105432

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().