Operational performance evaluation and efficiency assessment of thermal power sectors of Pakistan using data envelopment analysis

Sadam Hussain, Faheemullah Shaikh, Laveet Kumar and Zulfiqar Ali

International Journal of Operational Research, 2023, vol. 48, issue 4, 429-444

Abstract: Energy is a life-line for almost all human activities and progress. Retrospective analysis of the increase in energy demand shows that meeting future energy requirements would be one of the severe problems to sustain the socio-economic activities in the world. The aims and objective of this study is to evaluate the power generation capacity of different thermal power plant in Pakistan using data envelopment analysis (DEA). Performance comparison includes refined furnace oil versus natural gas versus dual fuel versus coal and also GENCOs versus IPPs versus K-Electric power plants. Finding from the results indicates that natural gas outperformed as compared with refined furnace oil-based power plants dual fuel-based, coal-based thermal power plants. Results show that the performance of IPPs is high in comparison to K-Electric and GENCOs. Accordingly, based on these results several policy implications have been planned to increase the performance of available thermal power sector in Pakistan.

Keywords: operational performance; efficiency assessment; data envelopment analysis; thermal power plants; Pakistan. (search for similar items in EconPapers)
Date: 2023
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