Efficiency Evaluation for Smart Grid Management Based on Stochastic Frontier Model and Data Envelope Analyses Model

• DOI: 10.1155/2015/142764
• Publication Date: 2015-10-15T21:02:52Z
• Authors: Yu Xiaobao; Tan Zhongfu; Chen Kangting; Ju Liwei; He Puyu
• Keywords: Allocative efficiency

For the technical and allocative efficiency evaluation of smart grid, this paper has proposed two methods. One is based on Data Envelopment Analysis another Stochastic Frontier Model. Among them, former considered dynamics grid development influence parameter. The latter analyzed self-duality between Cobb-Douglas production function cost function; then, it deduced resources optimization model which can avoid price information needs input factor in conventional evaluation. validity rationality methods are verified by a case study.