Modelling Efficiency of Electric Utilities Using Three Stage Virtual Frontier Data Envelopment Analysis with Variable Selection by Loads Method

Electric utility regulators and policy makers implement incentive-based regulation to improve electric utilities efficiency or to manage the cost of electricity. However, poorly implemented regulation may produce undesired results such as low reliability or poor quality of service. Moreover, the com...

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Bibliographic Details
Published in:	Energies (Basel) Vol. 14; no. 12; p. 3436
Main Authors:	Kannan, Pavala Malar, Marthandan, Govindan, Kannan, Rathimala
Format:	Journal Article
Language:	English
Published:	Basel MDPI AG 01.06.2021
Subjects:	Capital costs Data envelopment analysis data envelopment analysis (DEA) Economic value added Edison, Thomas Alva (1847-1931) Efficiency Electric industries Electric utilities Electricity generation Legislation Linear programming Methods Quality of service Regulation three stage DEA three stage virtual frontier DEA variable reduction virtual frontier DEA United Kingdom > UK United States > US Norway Illinois
ISSN:	1996-1073, 1996-1073
Online Access:	Get full text
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