Monitoring performance of hydroelectric power plants
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This study develops a methodology to provide insights regarding the
efficiency and productivity of the hydroelectric power plants of an European
player in the energy sector throughout the operation stage. DEA
is used to measure the efficiency of utilities in generating electrical
energy from the resources available and exogenous variables. This
analysis enables the identification of the best practices of power plants
which lead to improved performance. The Malmquist index, complemented
with bootstrapping, is used to measure the changes in plants
productivity between in the last years.