Performance based regulation of the electricity supply industry in Hong Kong : an empirical efficiency analysis approach

Wang, J.H. and Ngan, H. and Engriwan, W. and Lo, K.L. (2007) Performance based regulation of the electricity supply industry in Hong Kong : an empirical efficiency analysis approach. Energy Policy, 35 (1). pp. 609-615. ISSN 1873-6777 (https://doi.org/10.1016/j.enpol.2006.01.011)

Abstract

This paper presents an empirical efficiency analysis approach to analyze the efficiency and performance of utilities and its effects on prices under the price-cap performance based regulation (PBR) model. A data envelopment analysis (DEA)-like frontier-based method is used to compute the total factor productivity with the Malmquist productivity index. Results of case studies support the use of the approach to account for the relation of the X-factor and the PBR model on the two power utilities in Hong Kong's electricity supply industry.

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• Item metadata

  Item type:	Article
  ID code:	11744
  Dates:	Date Event January 2007 Published 28 February 2006 Published Online
  Subjects:	Technology > Electrical engineering. Electronics Nuclear engineering
  Department:	Faculty of Engineering > Electronic and Electrical Engineering
  Depositing user:	Strathprints Administrator
  Date deposited:	24 Nov 2011 15:00
  Last modified:	11 Nov 2024 08:59
  URI:	https://strathprints.strath.ac.uk/id/eprint/11744