Open Access

ARTICLE

Assessment of Operational Performance in a Power Generation/Selling Integrated Company Using a Dynamic Proportional Adjustment Coefficient

Jingbin Wu^1,*, Hongming Yang², Sheng Xiang²

1 Economics and Management College, Changsha University of Science and Technology, Changsha, 410114, China
2 Electrical and Information Engineering College, Changsha University of Science and Technology, Changsha, 410114, China

* Corresponding Author: Jingbin Wu. Email:

Energy Engineering 2024, 121(11), 3263-3287. https://doi.org/10.32604/ee.2024.054019

Received 16 May 2024; Accepted 14 September 2024; Issue published 21 October 2024

Abstract

Currently, the operational performance assessment system in the power market primarily focuses on power generation and electricity retail companies, lacking a system tailored to the operational characteristics of power generation/selling integrated companies. Therefore, this article proposes an assessment index system for assessing the operational performance of a power generation/selling integrated company, encompassing three dimensions: basic capacity, development potential, and external environment. A dynamic proportional adjustment coefficient is designed, along with a subjective and objective weighting model for assessment indexes based on a combined weighting method. Subsequently, the operational performance of an integrated company is assessed using extension theory. The results in the case study demonstrate the feasibility and effectiveness of the proposed dynamic proportional adjustment coefficient.

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