Resource Use Efficiency of Electricity Sector in the Maldives

• 발행기관: 한국유통과학회
• 저자명: Mohamed SHUMAIS
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 7 No.1, 111~121쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.01.30

영문 초록

The study measures the resource use efficiency of diesel based power generation in the Maldives and analyses factors which influence efficiency levels. Stochastic frontier analysis (SFA) technique is applied to data on 30 plants over two year period from 2016 to 2017. The study finds that technical efficiency scores varies from 0.44 to 0.98 across power plants. About 33 percent of the plants have scores below the mean technical efficiency score of 0.87. Empirical results indicate ownership and use of solar photovoltaic (PV) have an influence on improving efficiency levels. Privately owned power plants in resort islands obtained higher technical efficiency scores compared to public and community owned power plants. This is a significant finding as the first study that used power plants in tourist sector in a comparative study. Size of the power plants was not found significant, but relatively small installed capacities can also be efficient. This finding is important because in many inhabited islands installed capacities remain oversized compared to the load. The benchmarking exercise offers model power plants that are relatively efficient, for other power plants and policy makers in small islands to learn from.

목차

1. Introduction

2. Electricity Sector in the Maldives

3. Literature Review

4. Methodology

5. Empirical Results

6. Conclusion

References

키워드

Diesel Power Plant Efficiency Electricity Maldives Stochastic Frontier Analysis