EconPapers    
Economics at your fingertips  
 

Assessment of Energy Systems Using Extended Fuzzy AHP, Fuzzy VIKOR, and TOPSIS Approaches to Manage Non-Cooperative Opinions

Osman Taylan, Rami Alamoudi, Mohammad Kabli, Alawi AlJifri, Fares Ramzi and Enrique Herrera-Viedma
Additional contact information
Osman Taylan: Department of Industrial Engineering, Faculty of Engineering, King Abdulaziz University, Jeddah P.O. Box 80204, Saudi Arabia
Rami Alamoudi: Department of Industrial Engineering, Faculty of Engineering, King Abdulaziz University, Jeddah P.O. Box 80204, Saudi Arabia
Mohammad Kabli: Department of Industrial Engineering, Faculty of Engineering, King Abdulaziz University, Jeddah P.O. Box 80204, Saudi Arabia
Alawi AlJifri: Department of Industrial Engineering, Faculty of Engineering, King Abdulaziz University, Jeddah P.O. Box 80204, Saudi Arabia
Fares Ramzi: Department of Industrial Engineering, Faculty of Engineering, King Abdulaziz University, Jeddah P.O. Box 80204, Saudi Arabia
Enrique Herrera-Viedma: Andalusian Research Institute in Data Science and Computational Intelligence, University of Granada, 18071 Granada, Spain

Sustainability, 2020, vol. 12, issue 7, 1-27

Abstract: Energy systems planning commonly involves the study of supply and demand of power, forecasting the trends of parameters established on economics and technical criteria of models. Numerous measures are needed for the fulfillment of energy system assessment and the investment plans. The higher energy prices which call for diversification of energy systems and managing the resolution of conflicts are the results of high energy demand for growing economies. Due to some challenging problems of fossil fuels, energy production and distribution from alternative sources are getting more attention. This study aimed to reveal the most proper energy systems in Saudi Arabia for investment. Hence, integrated fuzzy AHP (Analytic Hierarchy Process), fuzzy VIKOR (Vlse Kriterijumska Optimizacija Kompromisno Resenje) and TOPSIS (Technique for Order Preferences by Similarity to Idle Solution) methodologies were employed to determine the most eligible energy systems for investment. Eight alternative energy systems were assessed against nine criteria—power generation capacity, efficiency, storability, safety, air pollution, being depletable, net present value, enhanced local economic development, and government support. Data were collected using the Delphi method, a team of three decision-makers (DMs) was established in a heterogeneous manner with the addition of nine domain experts to carry out the analysis. The fuzzy AHP approach was used for clarifying the weight of criteria and fuzzy VIKOR and TOPSIS were utilized for ordering the alternative energy systems according to their investment priority. On the other hand, sensitivity analysis was carried out to determine the priority of investment for energy systems and comparison of them using the weight of group utility and fuzzy DEA (Data Envelopment Analysis) approaches. The results and findings suggested that solar photovoltaic (PV) is the paramount renewable energy system for investment, according to both fuzzy VIKOR and fuzzy TOPSIS approaches. In this context our findings were compared with other works comprehensively.

Keywords: fuzzy AHP; fuzzy VIKOR & TOPSIS; energy system investment; group decision-making; clean energy; sensitivity analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/7/2745/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/7/2745/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:7:p:2745-:d:339518

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:12:y:2020:i:7:p:2745-:d:339518