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Efficiency of Wind Power Production and its Determinants
Humboldt-Universität zu Berlin, Department of Agricultural Economics, Berlin, Germany.
Humboldt-Universität zu Berlin, Department of Agricultural Economics, Berlin, Germany.ORCID iD: 0000-0003-2543-3673
Humboldt-Universität zu Berlin, Department of Agricultural Economics, Berlin, Germany.
2015 (English)Conference paper, Published paper (Refereed)
Abstract [en]

This article examines the efficiency of wind energy production. Using non-convex efficiency analysis, we quantify production losses for 19 wind turbines in four wind parks across Germany. In a second stage regression, we adapt the linear regression results of Kneip, Simar, and Wilson (2014) to explain electricity losses by means of a bias-corrected truncated regression analysis. The results show that electricity losses amount to 27% of the maximal producible electricity. Most of these losses are from changing wind conditions, while 6% are from turbine errors.

Place, publisher, year, edition, pages
2015.
Keywords [en]
wind energy, efficiency, free disposal hull, bias correction
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-55240DOI: 10.22004/ag.econ.205415OAI: oai:DiVA.org:hj-55240DiVA, id: diva2:1616837
Conference
2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California
Available from: 2021-12-04 Created: 2021-12-04 Last updated: 2021-12-04Bibliographically approved

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Ritter, Matthias

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