Efficiency of wind power production and its determinants

Simone Pieralli, Matthias Ritter and Martin Odening

No 2015-004, SFB 649 Discussion Papers from Humboldt University Berlin, Collaborative Research Center 649: Economic Risk

Abstract: This article examines the efficiency of wind energy production. We quantify production losses in four wind parks across Germany for 19 wind turbines with non-convex efficiency analysis. In a second stage regression, we adapt the linear regression results of Kneip, Simar, Wilson (2014) to explain electricity losses by means of a bias-corrected truncated regression. Our results show that electricity losses amount to 27% of the maximal producible electricity. These losses can be mainly traced back to changing wind conditions while only 6 % are caused by turbine errors.

Keywords: wind energy; efficiency; free disposal hull; bias correction (search for similar items in EconPapers)
JEL-codes: D20 D21 Q42 (search for similar items in EconPapers)
Date: 2015
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Related works:
Journal Article: Efficiency of wind power production and its determinants (2015)
Working Paper: Efficiency of Wind Power Production and its Determinants (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:sfb649:sfb649dp2015-004

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