Chen-Fu Chien, Wen-Chih Chen, Feng-Yu Lo, and Yi-Chiech Lin
Subjects
*DATA envelopment analysis, *HYDROELECTRIC power plants, *EMPIRICAL research, *ECONOMIC competition, *ENERGY industries, *LIBERALISM, *ELECTRIC power distribution
Abstract
This paper developed an approach based on data envelopment analysis and Malmquist productivity index to investigate the performance of power plants and conducted an empirical study with eight thermal power plants in Taiwan. The analysis resuIts show the productivity improvements, and thus, help Taiwan Power Company to monitor and diagnose changes in the productivity of its thermal power plants. Furthermore, this study also provides specific directions for improvements to increase competitiveness in the face of the continuing liberalization of the Taiwanese power generation market. [ABSTRACT FROM AUTHOR]
*ELECTRIC power system control, *ELECTRIC power distribution, *ELECTRICAL engineering, *ELECTRIC utilities
Abstract
This paper proposes an alternative data envelopment analysis method to explore the efficiency, the resource allocation, and the benchmarks of the electricity distribution districts (EDD5) of Taiwan Power Company in 2003. Several empirical results are shown: 1) the EDDs covering the high-tech industry park are more efficient, on average, than ones involved in the nonhigh-tech industry park; 2) the EDDs located in urban areas outperform those located in rural areas; 3) the large-sized EDDs generally are more able to integrate their resources and to operate efficiently; 4) the benchmark-share measure shows that while small-size efficient EDDs can easily become benchmarks, large-size efficient EDDs are deemed as competitive niche players; and finally, 5) the effect on these EDDs merging their activities should be investigated to explore the possibility of increasing competitive advantage in the future. [ABSTRACT FROM AUTHOR]