Productivity Analysis in Power Generation Plants Connected to the National Grid: A New Case of Bio Economy in Nicaragua
The purpose of this paper was to study the productivity where renewable energy resources and non-renewable resources for generating electricity in power plants connected to the national grid of Nicaragua were used. This article analyzed the total factor productivity of Bioeconomy for the generation of electricity from plants using sugarcane bagasse (biomass) as a renewable resource and petroleum. The data envelopment analysis (DEA) and the Malmquist index were used to measure the total factor productivity of power generation utilities connected to the national grid of Nicaragua. The results obtained by comparing sugar mills connected to the SIN was that Monte Rosa mill has a higher rate of increase in productivity due to the change of total factor productivity and when comparing thermal plants that employ petroleum products in power generation, the more efficient were ALBANISA, GECSA and TIPITAPA POWER; but when comparing thermal plants and some using renewable energy San Antonio sugar mill and ALBANISA were more efficient.
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