Combining Value-Focused Thinking and PROMETHEE Techniques for Selecting a Portfolio of Distributed Energy Generation Projects in the Brazilian Electricity Sector

Mirian Bortoluzzi, Marcelo Furlan, Simone Geitenes Colombo, Tatiele Martins Amaral, Celso Correia de Souza, José Francisco dos Reis Neto and Josimar Fernandes de França
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Mirian Bortoluzzi: Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
Marcelo Furlan: Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
Simone Geitenes Colombo: Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
Tatiele Martins Amaral: Department of Management Engineering, Universidade Federal do Mato Grosso do Sul (UFMS), Campus de Nova Andradina, Nova Andradina 79750-000, MS, Brazil
Celso Correia de Souza: Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil
José Francisco dos Reis Neto: Programa de Pós-Graduação em Meio Ambiente e Desenvolvimento Regional, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil
Josimar Fernandes de França: Programa de Pós-Graduação em Produção e Gestão Ambiental, Universidade Anhanguera Uniderp, Campo Grande 79070-900, MS, Brazil

Sustainability, 2021, vol. 13, issue 19, 1-19

Abstract: This article aims to propose a multi-criteria model to support decision-making from a portfolio in selecting technologies for Distributed Generation of Energy (DGE) projects based on the characteristics of the geographic space in Brazil. The decision model involves using multi-criteria to support the evaluation, prioritization, and selection of projects under a multistage decision-making process that fits into a strategic management cycle within the energy sector of Mato Grosso do Sul (Brazil). The over-classification techniques Preference Ranking Organization Technique for Enrichment Evaluations (PROMETHEE) II and V were applied under the Value-Focused Thinking (VFT) approach, reflecting the decision-maker or manager preferences among several conflicting criteria in the investment context of sustainable distributed energy generation projects. Based on real data, a numerical application is employed to view the steps of this decision model and illustrate the adequacy and effectiveness in practical issues of portfolio management.

Keywords: sustainable distributed generation; clean energy; portfolio selection; MCDM/A; PROMETHEE (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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