International Journal of Production Research volume 57, issue 23, P7457-7470 2018 DOI: 10.1080/00207543.2018.1508902 View full text
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Na Duan, Jun-Peng Guo, Peng Zhou, Bai-Chen Xie

Abstract: Under the dual track mechanism of 'market coal and plan electricity', China's power price cannot be adjusted in a timely manner according to the changes in the coal price. The authorities put forward the policy of coal electricity linkage to overcome this dilemma in 2004 and updated the relevant details in 2016. Based on the directional distance function, this study measured the profit efficiency of over 1300 thermal power plants in China during 2002-2011 and investigated the impacts of the linkage policy usin…

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