An analysis of factors that influence the technical efficiency of Malaysian thermal power plants

See, Kok Fong and Coelli, Tim (2012) An analysis of factors that influence the technical efficiency of Malaysian thermal power plants. Energy Economics, 34 3: 677-685. doi:10.1016/j.eneco.2011.09.005

Attached Files (Some files may be inaccessible until you login with your UQ eSpace credentials)
Name Description MIMEType Size Downloads

Author See, Kok Fong
Coelli, Tim
Title An analysis of factors that influence the technical efficiency of Malaysian thermal power plants
Journal name Energy Economics   Check publisher's open access policy
ISSN 0140-9883
1873-6181
Publication date 2012-05-01
Year available 2011
Sub-type Article (original research)
DOI 10.1016/j.eneco.2011.09.005
Open Access Status Not yet assessed
Volume 34
Issue 3
Start page 677
End page 685
Total pages 9
Place of publication Amsterdam, Netherlands
Publisher Elsevier
Language eng
Subject 2002 Economics and Econometrics
2100 Energy
Abstract The main objectives of this paper are to measure the technical efficiency levels of Malaysian thermal power plants and to investigate the degree to which various factors influence efficiency levels in these plants. Stochastic frontier analysis (SFA) methods are applied to plant-level data over an eight year period from 1998 to 2005. This is the first comprehensive analysis (to our knowledge) of technical efficiency in the Malaysian electricity generation industry using parametric method. Our empirical results indicate that ownership, plant size and fuel type have a significant influence on technical efficiency levels. We find that publicly-owned power plants obtain average technical efficiencies of 0.68, which is lower than privately-owned power plants, which achieve average technical efficiencies of 0.88. We also observe that larger power plants with more capacity and gas-fired power plants tend to be more technically efficient than other power plants. Finally, we find that plant age and peaking plant type have no statistically significant influence on the technical efficiencies of Malaysian thermal power plants.
Keyword Efficiency
Electric utilities
Ownership
Hydroelectric generating plants
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Available online 22 September 2011.

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2013 Collection
School of Economics Publications
 
Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 22 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 18 times in Scopus Article | Citations
Google Scholar Search Google Scholar
Created: Mon, 02 Jul 2012, 18:32:24 EST by System User on behalf of School of Economics