Data Envelopment Analysis Application in Turkish Energy Market

Abstract

In this study, we consider data envelopment analysis for comparison between thermal energy plants which are natural gas based and coal based power plants. Results of this study will give a roadmap to decision makers in selecting type of thermal plant they will construct. Also public and private energy supply sources are compared based on their performances. We not only make a solely comparison but also make a ranking of the power plants considered by using goal programming technique.

Keywords

• Data Envelopment Analysis
• Goal Programming
• Energy
• Power Plants