Organizational Performance Evaluation of Coal-Fired Power Enterprises Using a Hybrid Model
Shunkun Yu and
Yuqing Song
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Shunkun Yu: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Yuqing Song: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Energies, 2022, vol. 15, issue 9, 1-18
Abstract:
Carbon peaking and carbon neutrality goals have proposed by many countries, including China. Meanwhile, China has also proposed the construction of a new-type electric power system with new energy as the main body, which will have great impacts on coal-fired power generation enterprises. The transformation of coal-fired power enterprises is imperative, and the evaluation of the organizational performance of coal-fired power enterprises is urgent, which can accurately determine the development status and even can find issues related to the transformation of coal-fired power enterprises. In this paper, a hybrid evaluation model is proposed based on the Variational Auto-Encoder algorithm and fuzzy comprehensive evaluation method improved by a vague set to comprehensively evaluate the organizational performance of coal-fired power enterprises. Eight coal-fired power enterprises in North China are selected for empirical analysis. The results show that the YC coal-fired power enterprise has the best organizational performance, while the NK coal-fired power enterprise has the worst organizational performance. Moreover, sensitivity and comparative analyses are carried out to verify the robustness of the evaluation result using the proposed hybrid method in this paper. This paper focuses on the organizational performance evaluation of coal-fired power enterprises, which can provide a reference for the smooth transformation and sustainable development of coal-fired power enterprises in the context of “Dual-Carbon” goals.
Keywords: coal-fired power enterprises; organization performance evaluation; variational auto-encoder algorithm; vague set (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: 2022
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Citations: View citations in EconPapers (4)
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