The problem of Harmonizing the Environmental Priorities of Electricity Generating Companies and Regional Socio-Economic Systems: DEA-based Approach

• Main Authors: Valeriy Victorovich Iosifov, Nairuhi Akopovna Almastyan, Alessandro Figus, Yuri Chepurko, Nguyễn Hoàng Hiển, Marina Alexandrovna Krotova
• Format: Article
• Language: English
• Published: EconJournals 2017-11-01
• Series: International Journal of Energy Economics and Policy
• Online Access: https://www.econjournals.com/index.php/ijeep/article/view/5574

<p>This paper suggests a two-step method of non-parametric optimization, in which the problem of increasing efficiency of energy companies on a set of ecologic and economic parameters is viewed as a sub-problem of increasing the overall ecologic and economic efficiency of the regional economic system. This task is based on the input-oriented Ecological Data Envelopment Analysis model with variant returns to scale. The method was tested by coordinating the ecologic priorities of one of the biggest Russian electric and heat generators “OGK-2” and the Krasnoyarsk Region.</p><p><strong>Keywords:</strong> ecologic and economic efficiency, energy companies, interest coordination, ISO 14001:2015 standard, non-parametric optimization, Data Envelopment Analysis</p><p><strong>JEL</strong> <strong>Classifications: </strong>O33, Q42, Q47, Q48</p>