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Performance of selected Asian electric utilities : a comparative study | |
Author | Timilsina, Govinda Raj |
Call Number | AIT Thesis no. ET-94-7 |
Subject(s) | Electric utilities--Asia |
Note | A thesis submitted m partial fulfillment of the requirement for the degree of Master of Engineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Abstract | This study presents a comparative evaluation for technical and economic performance of selected Asian electric utilities in terms of their production efficiency and provides a methodological verification for Data Envelopment Analysis to measure the allocative efficiency of the firms operating at different environments i.e. in different countries. Using a technique of Data Envelopment Analysis pioneered by Farrell (1957), this study resulted a hierarchy of electric utilities according to their technical as well as overall efficiency score. Since the result of analysis depends upon the selection of input variables, technical efficiency is measured at different forms of capacity input keeping other input the same. Allocative and overall efficiency are measured only in the case of deflated book value for capacity input . This is found that utilities like TAIPOWER (Taiwan), PUB (Singapore), KEPCO (Korea) and FEA (Fiji) were operating at the best practice frontier for all the case of technical efficiency measurement and (PUB) Singapore for overall efficiency measurement. The amounts of input that could be reduced at efficient operation of each utility was calculated and the reasons for inefficiency were attempted to explore. Besides the production efficiency, total and partial factor productivity of selected Asian electric utilities were measured at individual utility level, at regional level and for all utilities as a whole in order to find out the productivity growth trend in electricity sector in this region. The affect of input growth to partial and total factor productivity is analyzed and a empirical relationship between partial and total factor productivity is derived. Further, the possibility of production efficiency improvement as an alternative for reducing the environmental emission from electric sector is studied and found that significant amounts of environmental emissions could be reduced if the technical efficiency of electric utilities is improved. |
Year | 1994 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Energy Technology (ET) |
Chairperson(s) | Shrestha, Ram M. |
Examination Committee(s) | Amin, A.T.M. Nurul ;Bhattacharya, Sribas C. ;Lefevre, Thierry |
Scholarship Donor(s) | The Government of Norway |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1994 |