Title :
A Multi Criteria DEA approach to performance evaluation of Indian thermal power plants
Author :
Yadav, V.K. ; Jha, Deependra Kumar ; Chauhan, Yogesh K.
Author_Institution :
Dept. of Electr. Eng., Galgotias Univ., Gautam Budh Nagar, India
fDate :
Oct. 30 2012-Nov. 2 2012
Abstract :
In the scenario of ever increasing energy demand, it has been an anathema for the power utilities of developing nations to operate and manage their power industries in an efficient and economic way. The region wise performance of coal fired thermal power plants has been investigated in this study by application of Multi Criteria Data Envelopment Analysis (MCDEA). When number of decision making units (DMUs) is less in comparison to total number of inputs and outputs, Data Envelopment Analysis (DEA) identifies too many DMUs efficient. MCDEA is employed to determine the true efficiency of power plants as suggested by the classical DEA analysis. Deviation in efficiency is observed while moving from DEA to MCDEA. The result of this analysis may assist the electricity utilities to introspect and review their systems and processes for optimal use of the resources.
Keywords :
electricity supply industry; performance evaluation; steam power stations; thermal power stations; DEA analysis; DMU; Indian thermal power plants; MCDEA; coal fired thermal power plants; data envelopment analysis; decision making units; electricity utilities; multicriteria DEA approach; multicriteria data envelopment analysis; performance evaluation; power industries; power utilities; region wise performance; Boilers; Coal; Indexes; Industries; Power measurement; Sociology; Statistics; Data envelopment analysis (DEA); Indian Thermal Power Plants; Multi criteria data envelopment analysis (MCDEA); Relative efficiency;
Conference_Titel :
Power System Technology (POWERCON), 2012 IEEE International Conference on
Conference_Location :
Auckland
Print_ISBN :
978-1-4673-2868-5
DOI :
10.1109/PowerCon.2012.6401451
