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Advisor(s)
Abstract(s)
This study develops a framework to provide insights regarding the performance of the farms of
an energy player in the Portuguese wind sector. Firstly, the Data Envelopment Analysis is used
to measure the efficiency of wind farms in producing electrical energy from the resources available
and exogenous variables, during operating stage. This analysis enables the identification of the best
practices of the efficient farms which can be emulated by inefficient ones. Secondly, Malmquist index
is used to evaluate the changes in wind farms productivity. Bootstrap procedures are applied to
obtain statistical inference on the efficiency estimates.
Description
Keywords
Data envelopment analysis Wind farm Benchmarking Bootstrap
Citation
Vaz, Clara B.; Ferreira, Ângela P. (2013). Framework for performance assessment of wind farms. In XVI Congresso da Associação Portuguesa de Investigação Operacional. Bragança : Instituto Politécnico de Bragança. ISBN 978-972-745-154-8. p.356-366
Publisher
José Fernando Oliveira; Clara Bento Vaz