Efficiency assessment of Turkish power plants using data envelopment analysis

Kemal Sarıca and Ilhan Or

Energy, 2007, vol. 32, issue 8, 1484-1499

Abstract: The performance of electricity generation plants in Turkey are analyzed and compared. The data set contains inputs from 65 thermal, hydro and wind power plants, owned by private and public sectors. Data envelopment analysis (DEA) is used as the primary mathematical tool. Two efficiency indexes, reflecting operational and investment performance, are defined and pursued. Constant returns to scale, variable returns to scale and assurance region type DEA models are used in the analysis. Scale efficiency is also considered. Performance comparisons include public versus private sector plants, and natural gas versus coal versus oil fired plants. Also, relationships between efficiency scores and various input/output factors are investigated and some interesting trends are identified.

Keywords: Data envelopment analysis; Energy systems planning; Efficiency assesment (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (74)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:32:y:2007:i:8:p:1484-1499

DOI: 10.1016/j.energy.2006.10.016

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