Literature Review on Data Envelopment Analysis: Energy Sector

Energy sector play a key role in the provision of electricity services to the society. Assessment of performance of this sector is important to electricity providers, stake holders, etc. Performance can be assessed by the efficiency of decision-making units of this sector using some specific input and output variables. Efficiency can be evaluated through a nonparametric method of Data Envelopment Analysis (DEA). In the literature it can be found that, DEA emerging as a powerful tool in evaluating efficiency of decision-making units in various sectors. The current study stands out by significantly contributing to the literature review on the efficiency of energy. This research, will not only add depth to the current understanding but also address potential gaps in previous studies. The review findings become a valuable resource to new researchers, offer a foundation to fill those gaps and plan for future studies on the efficiency of energy sector. Keywords: Energy sector, data envelopment analysis, efficiency, DEA review