Efficiency and productivity of renewable energy technologies: Evidence from U.S. investor-owned utilities across regional markets

Olawale Ogunrinde and Ekundayo Shittu

Utilities Policy, 2023, vol. 82, issue C

Abstract: This study employs a Data Envelopment Analysis (DEA) modeling technique to investigate the efficiency and productivity of renewable energy (RE) adoption across technologically diverse electricity-generating utilities. By employing metrics capturing policy effects, the study evaluates the RE adoption efficiency and productivity using a dynamic DEA model and the Malmquist DEA technique. First, the findings reveal that RE adoption is not significantly different across regional electricity markets. Second, the study revealed that RE adoption increased over the last three years. The total mean productivity change over the entire study period showed a mean improvement of 4.8%.

Keywords: Renewable energy; Policy; Efficiency (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0957178723000723
Full text for ScienceDirect subscribers only

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:eee:juipol:v:82:y:2023:i:c:s0957178723000723

DOI: 10.1016/j.jup.2023.101560

Access Statistics for this article

Utilities Policy is currently edited by Beecher, Janice

More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().