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Performance assessment of hydroelectric power plants

dc.contributor.authorVaz, Clara B.
dc.contributor.authorFerreira, Ângela P.
dc.date.accessioned2014-09-04T08:10:27Z
dc.date.available2014-09-04T08:10:27Z
dc.date.issued2012
dc.description.abstractThis study develops a methodology to provide insights regarding the performance of the hydroelectric power plants of a European player in the energy sector. In today’s energy generation programs, hydroelectric power plays an important role as it is based on a clean renewable energy source and capable of fulfilling a significant portion of the overall power demand. Hydroelectric power plants may use the natural drop of a river (run-of-river hydropower station) or a dam is built across a river to raise the water level and provide the drop needed to create the driving force (reservoir hydropower station). The focus of the hydroelectric power performance assessment is on the operation stage, which translates in the electrical energy generation process. The operation schemes of these two hydropower plants, concerning the availability of the primary resource and the load-following, require different control strategies which results in different environmental impacts and different outcomes in terms of the market value of electric energy generated. Therefore the efficiency analysis conducted in this study evaluates them separately. Firstly, the Data Envelopment Analysis (DEA) is used to measure the performance of Hydroelectric power plants in generating electrical energy from the resources available and exogenous variables, during the period under analysis. This analysis enables the identification of the best practices of plants that lead to improved performance. The bootstrapping is applied to obtain statistical inference on the efficiency estimates. Secondly, the Malmquist index, complemented with bootstrapping, is used to measure the changes in hydroelectric power plants productivity between the years 2010 and 2011. The analysis of performance changes over time should take into account two effects: the variation of technical efficiency of each plant and the change in the position of the best-practice frontier. The variation in technical efficiency measures changes in the ability of each plant in adopting strategies to catch up the frontier of best practices. The changes in the frontier reflect technological developments in the practices of the best plants in generating electric energy.por
dc.identifier.citationVaz, Clara B.; Ferreira, Ângela P. (2012). Performance assessment of hydroelectric power plants. In 4thWorkshop on Efficiency and Productivity Analysis. Universidade Católica Portuguesapor
dc.identifier.urihttp://hdl.handle.net/10198/10292
dc.language.isoengpor
dc.peerreviewedyespor
dc.subjectDEApor
dc.subjectHydroelectric power plantspor
dc.subjectBenchmarkingpor
dc.titlePerformance assessment of hydroelectric power plantspor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceUniversidade Católica Portuguesapor
oaire.citation.title4thWorkshop on Efficiency and Productivity Analysispor
person.familyNameVaz
person.familyNameFerreira
person.givenNameClara B.
person.givenNameÂngela P.
person.identifierR-001-FQC
person.identifier.ciencia-id9611-3386-E516
person.identifier.ciencia-id2211-6787-D936
person.identifier.orcid0000-0001-9862-6068
person.identifier.orcid0000-0002-1912-2556
person.identifier.ridF-1519-2016
person.identifier.ridM-8188-2013
person.identifier.scopus-author-id56352045500
person.identifier.scopus-author-id55516840300
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublication34bc350c-28d9-4b06-9874-b2b0dba58d1d
relation.isAuthorOfPublication3fec941d-79fb-4901-918d-a34ffa0195cc
relation.isAuthorOfPublication.latestForDiscovery3fec941d-79fb-4901-918d-a34ffa0195cc

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